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Home appreciation in Colorado
Colorado's FHFA HPI® all-transactions index changed +0.2% over the year to Q2 2026, versus +3.0% nationally, ranking 50th of 51 states and D.C. Below, compare its 17 3-digit ZIP regions and 7 metro areas.
- 1-year change
- +0.2%
- 5-year change
- +25.0%
- Since Q1 1995
- +367%
- State rank (1 year)
- 50th
U.S. +3.0%
48th of 51
U.S. +292%
of 51 states and D.C.
Colorado vs the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Colorado: 467.1
- United States: 391.6
Colorado appreciation by time window
| Window | CO | U.S. | Gap vs U.S. |
|---|---|---|---|
| 1 year | +0.2% | +3.0% | −2.8 pts |
| 3 years | +3.4% | +12.9% | −9.5 pts |
| 5 years | +25.0% | +41.3% | −16.3 pts |
| 10 years | +85.2% | +93.3% | −8.1 pts |
| Since Q1 1995 | +367% | +292% | +75.5 pts |
3-digit ZIP regions in Colorado
Fastest-appreciating ZIP codes in Colorado →Sorted by one-year change. 3 of 17 regions beat the national one-year change of +3.0%. Place labels name the largest community in each region.
| # | 3-digit ZIP region | 1 year | 5 years | 10 years | Since Q1 1995 |
|---|---|---|---|---|---|
| 1 | 815 · Grand Junction, CO area | +8.3% | +45.0% | +121% | +386% |
| 2 | 813 · Durango, CO area | +6.7% | +53.2% | +102% | +374% |
| 3 | 808 · Fountain, CO area | +3.6% | +28.4% | +98.4% | +321% |
| 4 | 807 · Sterling, CO area | +2.8% | +46.4% | +114% | +380% |
| 5 | 811 · Alamosa, CO area | +2.8% | +46.4% | +114% | +380% |
| 6 | 816 · Glenwood Springs, CO area | +1.7% | +51.8% | +106% | +378% |
| 7 | 806 · Greeley, CO area | +0.3% | +25.0% | +89.0% | +323% |
| 8 | 802 · Denver, CO area | +0.1% | +19.6% | +76.5% | +473% |
| 9 | 810 · Pueblo, CO area | -0.2% | +25.3% | +107% | +267% |
| 10 | 809 · Colorado Springs, CO area | -0.2% | +21.7% | +98.0% | +298% |
| 11 | 805 · Fort Collins, CO area | -0.3% | +26.4% | +80.5% | +338% |
| 12 | 800 · Aurora, CO area | -0.4% | +22.4% | +83.0% | +370% |
| 13 | 812 · Cañon City, CO area | -0.5% | +40.8% | +121% | +386% |
| 14 | 814 · Montrose, CO area | -0.7% | +41.0% | +119% | +323% |
| 15 | 804 · Golden, CO area | -1.1% | +29.2% | +95.7% | +394% |
| 16 | 801 · Centennial, CO area | -1.1% | +23.6% | +80.4% | +347% |
| 17 | 803 · Boulder, CO area | -1.8% | +21.9% | +54.6% | +400% |
Metro areas in Colorado
| Metro area | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|
| Grand Junction, CO | +8.8% | +45.1% | +385% |
| Greeley, CO | +0.5% | +25.2% | +323% |
| Fort Collins-Loveland, CO | +0.2% | +29.3% | +349% |
| Colorado Springs, CO | +0.1% | +22.8% | +301% |
| Denver-Aurora-Centennial, CO | -0.5% | +21.4% | +393% |
| Boulder, CO | -2.3% | +22.5% | +372% |
| Pueblo, CO | -2.9% | +21.4% | +259% |
Boom, bust, and recovery in Colorado
Colorado's index peaked in Q1 2008, fell 10.1% to its low in Q2 2011, and regained its peak in Q1 2014, about 6 years after the top. Today it sits +136% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| CO | Q1 2008 | Q2 2011 | -10.1% | Q1 2014 (6 yrs) | +136% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Colorado's index has changed +111% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | CO after inflation | U.S. after inflation |
|---|---|---|---|
| 1 year | +3.9% | -3.5% | -0.8% |
| 3 years | +9.8% | -5.8% | +2.8% |
| 5 years | +24.0% | +0.8% | +13.9% |
| 10 years | +39.1% | +33.1% | +39.0% |
| Since Q1 1995 | +121% | +111% | +76.8% |
If you bought in Colorado in…
An example $300,000 purchase grown at the statewide index rate to Q2 2026. Local markets within the state vary widely.
| Bought in | Index change | $300,000 then, at the state rate |
|---|---|---|
| Q2 1995 | +358% | $1,374,487 |
| Q2 2000 | +221% | $962,751 |
| Q2 2005 | +150% | $748,544 |
| Q2 2010 | +154% | $761,460 |
| Q2 2015 | +105% | $614,867 |
| Q2 2020 | +42.7% | $428,000 |
| Q2 2021 | +25.0% | $375,128 |
| Q2 2023 | +3.4% | $310,202 |
| Q2 2025 | +0.2% | $300,610 |
Frequently asked questions
- How much have home prices gone up in Colorado?
- FHFA HPI® data for Colorado shows the all-transactions index changed +0.2% over the year to Q2 2026, +25.0% over five years, +85.2% over ten years, and +367% since Q1 1995.
- Is Colorado appreciating faster than the national average?
- Over the past year Colorado's index moved −2.8 pts versus the U.S. (+3.0%), ranking 50th of 51 states and D.C. Over five years the gap is −16.3 pts.
- Which ZIP codes in Colorado are appreciating fastest?
- Over the past year the strongest of 17 3-digit ZIP regions in Colorado was ZIP3 815 (Grand Junction, CO area) at +8.3%, and the weakest was ZIP3 803 (Boulder, CO area) at -1.8%. 3 of 17 beat the national one-year change.