Historical data
Pick an indicator to see its long-run evolution.
Median home value
1990–2024Census / Zillow ZHVI, nominal dollars.
Home Prices
Home prices in Colorado have surged over the past decade, roughly doubling since 2013 as the Denver metro attracted major tech and finance investment.
FHFA House Price Index
1975–2025FHFA all-transactions index, annual average of quarters. Source: FHFA via FRED (COSTHPI).
| Indicator | Colorado | U.S. |
|---|---|---|
| 10-yr appreciation (%) | 110 | 75 |
Median Home Value
Colorado's median home value reached about $545,000 in 2024, the 7th highest in the nation, driven by demand in Denver, Boulder and mountain resort towns.
Median value of owner-occupied homes
2008–2024Census American Community Survey 1-year estimates, B25077 (2020 not released).
| Indicator | Colorado | U.S. |
|---|---|---|
| Median home value (USD) | 545000 | 360000 |
Rent Prices
The median monthly rent in Colorado is about $1,690, well above the national median, driven by tight supply in Denver and Boulder.
Rent of primary residence index (Denver–Aurora–Lakewood)
2018–2025BLS CPI-U, Denver–Aurora–Lakewood, annual average (CUURS48BSEHA).
| Indicator | Colorado | U.S. |
|---|---|---|
| Median rent (USD/mo) | 1690 | 1350 |
Housing Inventory
Colorado has about 2.55 million total housing units, with strong construction activity concentrated in the Denver and Colorado Springs metros.
Total housing units
2008–2024Census American Community Survey 1-year estimates, B25001 (2020 not released).
Vacant housing units
2008–2024Census American Community Survey 1-year estimates, B25002 (2020 not released).
| Indicator | Colorado | U.S. |
|---|---|---|
| Housing units (millions) | 2.55 | 146 |
Building Permits
Colorado issued roughly 30,000 residential building permits in 2023, among the higher totals in the Mountain West as builders try to keep pace with growth.
New private housing units authorized
1988–2025Census Building Permits Survey, sum of 12 months (FRED COBPPRIV).
| Indicator | Colorado | U.S. |
|---|---|---|
| Permits per 1,000 residents | 5.1 | 4.4 |
Homeownership Rate
Colorado's homeownership rate stands at 65.5%, close to the national average, though many young professionals in Denver rent due to high home prices.
Homeownership rate (CPS/HVS)
1984–2025Census Housing Vacancy Survey, annual (FRED COHOWN).
| Indicator | Colorado | U.S. |
|---|---|---|
| Homeownership rate (%) | 65.5 | 65.7 |
Housing Affordability
Housing affordability in Colorado has deteriorated, with home prices far outpacing median household income of $92,900, especially in Denver, Boulder and mountain resort towns.
Housing price level vs U.S. (RPP rents)
2008–2024BEA Regional Price Parities, housing services (SARPP line 3).
| Indicator | Colorado | U.S. |
|---|---|---|
| Housing price level vs U.S. (RPP rents)2024, BEA Regional Price Parities | 127.4 | 100 |
| Price-to-income ratio | 5.9 | 5 |
Vacancy Rate
Colorado's housing vacancy rate is about 7.5%, with tighter conditions in Denver and Boulder and more availability in rural mountain counties.
Rental vacancy rate
1986–2025Census Housing Vacancy Survey, annual (FRED CORVAC).
Homeowner vacancy rate
1986–2025Census Housing Vacancy Survey, annual (FRED COHVAC).
| Indicator | Colorado | U.S. |
|---|---|---|
| Vacancy rate (%) | 7.5 | 10.5 |