States › Colorado
State
Colorado
60 counties with an index · 17 metro and micro areas · 338 ZIP codes · 129 permit-issuing places · 6,012,561 residents (2025 est.)
FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. The line is FHFA's standard quarterly all-transactions index; the comparison table uses FHFA's annual state index from the same family. The index does not give a dollar value for any home.
Colorado's FHFA house price index starts in 1975. Through 2025 it has risen +1269.0%; over the ten years to 2025 the rise was +93.3% (+6.8% a year), above the national +85.0%.
The quarterly index through 2026 Q2 is +0.2% on a year earlier and −0.1% on the quarter; nationally +3.0% and +1.1%.
The index peaked in 2007, fell −9.8% to 2011 and regained the peak in 2014; the national index fell −21.3% over 2007–2012.
33,093 housing units were authorised in Colorado in the 12 months to August 2026, 5.5 per 1,000 residents against 4.1 nationally; that is +1.5% on the previous 12 months. 60 counties, 17 metro and micro areas, 338 ZIP codes and 129 permit-issuing places in the state have their own pages.
Same span, state and nation
| Change in the FHFA index | Colorado | United States |
|---|---|---|
| 1 year (2024–2025) | +0.1% | +2.8% |
| 5 years (2020–2025) | +37.8% | +47.0% |
| 10 years (2015–2025) | +93.3% | +85.0% |
| 20 years (2005–2025) | +131.2% | +79.1% |
| Since 2000 | +184.6% | +158.3% |
| Since 1975 | +1269.0% | +960.7% |
| 10-year annualised | +6.8% | +6.3% |
| 20-year annualised | +4.3% | +3.0% |
Decade by decade
| Decade | Change | United States | |
|---|---|---|---|
| 1980s (1980–1990) | +24.3% | +68.2% | |
| 1990s (1990–2000) | +101.4% | +33.9% | |
| 2000s (2000–2010) | +19.8% | +29.7% | |
| 2010s (2010–2020) | +72.4% | +35.5% | |
| 2020s so far (2020–2025) | +37.8% | +47.0% |
FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.
Peak-to-low declines
| Peak | Low | Decline | Peak regained |
|---|---|---|---|
| 2007 | 2011 | −9.8% | 2014 |
Purchase-only index
FHFA also publishes a purchase-only index, built from sales prices alone (no refinance appraisals). It starts in 1991 and is drawn here on its own base.
Counties
Ranked by ten-year change in FHFA's annual county index to 2025. Permits are housing units authorised in the 12 months to August 2026.
| County | 1 year | 10 years | Since 2000 | Units, 12 months | Per 1,000 | Index through |
|---|---|---|---|---|---|---|
| Lake County | +5.9% | +185.2% | +310.6% | 43 | 5.7 | 2025 |
| Grand County | +2.1% | +149.7% | +214.1% | 268 | 16.2 | 2025 |
| San Miguel County | — | +148.7% | +215.7% | 39 | 5.0 | 2024 |
| Chaffee County | +4.5% | +142.6% | +292.1% | 166 | 8.0 | 2025 |
| Ouray County | −1.1% | +142.0% | +216.5% | 75 | 14.2 | 2025 |
| Gunnison County | +8.6% | +139.1% | +275.4% | 71 | 4.1 | 2025 |
| Summit County | +1.8% | +135.8% | +279.9% | 327 | 10.4 | 2025 |
| Routt County | −0.6% | +131.5% | +258.3% | 245 | 9.7 | 2025 |
| Pitkin County | −4.8% | +129.4% | +217.2% | 40 | 2.4 | 2025 |
| Prowers County | −1.0% | +129.0% | +172.1% | 12 | 1.0 | 2025 |
| Archuleta County | −3.1% | +126.8% | +195.8% | 122 | 8.5 | 2025 |
| Mineral County | — | +126.4% | — | 2 | 2.2 | 2025 |
| Fremont County | +2.3% | +122.3% | +184.2% | 120 | 2.4 | 2025 |
| Washington County | — | +121.9% | +229.7% | 1 | 0.2 | 2025 |
| Eagle County | −1.3% | +121.3% | +208.3% | 421 | 7.8 | 2025 |
| Park County | +1.3% | +116.5% | +189.7% | 153 | 8.4 | 2025 |
| Otero County | +0.5% | +114.7% | +157.7% | 39 | 2.2 | 2025 |
| Montrose County | +4.9% | +114.1% | +206.5% | 292 | 6.5 | 2025 |
| Garfield County | +4.9% | +113.6% | +202.0% | 180 | 2.8 | 2025 |
| San Juan County | −3.2% | +110.4% | — | 18 | 22.1 | 2025 |
| Mesa County | +3.2% | +110.1% | +216.9% | 820 | 5.0 | 2025 |
| Delta County | −0.6% | +109.7% | +178.9% | 57 | 1.8 | 2025 |
| Pueblo County | −1.7% | +106.7% | +148.1% | 98 | 0.6 | 2025 |
| Lincoln County | −0.2% | +106.0% | +162.2% | 10 | 1.8 | 2025 |
| El Paso County | +0.5% | +104.9% | +180.5% | 5,743 | 7.6 | 2025 |
| Crowley County | −4.9% | +104.1% | — | 2 | 0.4 | 2024 |
| Clear Creek County | −4.5% | +103.6% | +187.0% | 18 | 2.0 | 2025 |
| Morgan County | +0.3% | +103.6% | +201.9% | 32 | 1.1 | 2025 |
| Teller County | −3.7% | +102.3% | +180.6% | 102 | 4.1 | 2025 |
| Yuma County | +7.9% | +102.2% | +199.9% | 8 | 0.8 | 2025 |
| Jackson County | +5.8% | +102.1% | — | 2 | 1.7 | 2024 |
| Montezuma County | +0.6% | +101.2% | +182.5% | 22 | 0.8 | 2025 |
| Adams County | −1.1% | +100.9% | +182.8% | 2,615 | 4.7 | 2025 |
| Alamosa County | +10.1% | +100.8% | +186.6% | 101 | 6.1 | 2025 |
| Logan County | +5.7% | +100.4% | +174.8% | 14 | 0.7 | 2025 |
| Jefferson County | +0.5% | +99.1% | +202.1% | 1,013 | 1.7 | 2025 |
| Weld County | +0.7% | +98.7% | +177.8% | 3,484 | 9.2 | 2025 |
| Custer County | −10.0% | +98.2% | +175.9% | 74 | 13.2 | 2025 |
| Rio Grande County | +5.1% | +95.6% | +191.1% | 44 | 4.0 | 2025 |
| Broomfield County | +1.6% | +95.4% | +175.5% | 139 | 1.8 | 2025 |
| Gilpin County | +0.8% | +95.1% | +151.4% | 19 | 3.1 | 2025 |
| Arapahoe County | −0.1% | +94.2% | +188.1% | 2,604 | 3.9 | 2025 |
| Elbert County | +1.7% | +94.1% | +172.1% | 311 | 10.2 | 2025 |
| Larimer County | +0.3% | +93.7% | +194.4% | 2,352 | 6.2 | 2025 |
| Moffat County | +4.3% | +91.6% | +177.6% | 17 | 1.3 | 2025 |
| La Plata County | +4.5% | +89.9% | +229.6% | 213 | 3.7 | 2025 |
| Douglas County | +1.7% | +87.5% | +178.7% | 2,071 | 5.2 | 2025 |
| Boulder County | −0.1% | +85.7% | +188.8% | 1,696 | 5.2 | 2025 |
| Conejos County | — | +84.1% | — | 20 | 2.7 | 2024 |
| Huerfano County | −0.4% | +83.3% | +130.5% | 62 | 8.8 | 2025 |
| Denver County | −0.4% | +82.8% | +216.3% | 6,418 | 8.7 | 2025 |
| Hinsdale County | — | +81.8% | — | 12 | 15.9 | 2025 |
| Saguache County | — | +80.1% | — | 90 | 13.4 | 2023 |
| Las Animas County | −6.7% | +79.5% | +119.0% | 27 | 1.9 | 2025 |
| Kit Carson County | +3.4% | +77.4% | +174.4% | 4 | 0.6 | 2025 |
| Rio Blanco County | −0.6% | +69.3% | +173.8% | 13 | 1.9 | 2025 |
| Sedgwick County | — | +68.0% | — | 2 | 0.9 | 2025 |
| Phillips County | −11.1% | +67.0% | +147.1% | 4 | 0.9 | 2025 |
| Bent County | — | — | — | 0 | 0.0 | 2025 |
| Dolores County | +12.0% | — | — | 4 | 1.6 | 2021 |
Metro and micropolitan areas
Areas with any county in Colorado; multi-state areas appear under each of their states.
| Area | Type | 1 year | 10 years | Year to 2026 Q2 | Units, 12 months |
|---|---|---|---|---|---|
| Breckenridge, CO | Micro | +3.7% | +151.6% | — | 370 |
| Ca on City, CO | Micro | +2.3% | +122.3% | — | 120 |
| Edwards, CO | Micro | −1.3% | +121.3% | — | 421 |
| Montrose, CO | Micro | +4.9% | +114.1% | — | 292 |
| Rifle, CO | Micro | +4.1% | +113.7% | — | 220 |
| Grand Junction, CO | Metro | +3.2% | +110.1% | +8.8% | 820 |
| Steamboat Springs, CO | Micro | +1.5% | +108.9% | — | 262 |
| Pueblo, CO | Metro | −1.7% | +106.7% | −2.9% | 98 |
| Alamosa, CO | Micro | +11.5% | +104.9% | — | 230 |
| Colorado Springs, CO | Metro | +0.3% | +104.7% | +0.1% | 5,845 |
| Fort Morgan, CO | Micro | +0.3% | +103.6% | — | 32 |
| Sterling, CO | Micro | +5.7% | +100.4% | — | 14 |
| Greeley, CO | Metro | +0.7% | +98.7% | +0.5% | 3,484 |
| Fort Collins-Loveland, CO | Metro | +0.3% | +93.7% | +0.2% | 2,352 |
| Denver-Aurora-Centennial, CO | Metro | −0.1% | +91.7% | −0.5% | 15,361 |
| Durango, CO | Micro | +4.5% | +89.9% | — | 213 |
| Boulder, CO | Metro | −0.1% | +85.7% | −2.3% | 1,696 |
Building permits
Housing units authorised in Colorado by month, latest 60 monthssingle-family2+ unit buildings
Housing units authorised in Colorado by year, 1995–2025single-family2+ unit buildings
Single-family share of the latest 12 months: 53% (63% nationally). Since 1995: 1,156,914 units.
Year by year
Each year's index change and permits, with every county's figures for that year.
| Year | Colorado index | US index | Units permitted | Single-family |
|---|---|---|---|---|
| 2025 | +0.1% | +2.8% | 33,754 | 17,406 |
| 2024 | +2.5% | +4.9% | 32,185 | 20,434 |
| 2023 | +2.0% | +5.7% | 39,404 | 19,641 |
| 2022 | +16.4% | +15.5% | 48,341 | 23,691 |
| 2021 | +13.1% | +11.6% | 56,524 | 30,246 |
| 2020 | +2.9% | +3.0% | 40,469 | 26,636 |
| 2019 | +4.8% | +4.2% | 38,633 | 24,756 |
| 2018 | +8.3% | +5.7% | 42,627 | 26,134 |
| 2017 | +8.7% | +5.4% | 40,673 | 24,338 |
| 2016 | +10.5% | +5.3% | 38,974 | 21,577 |
| 2015 | +9.6% | +4.4% | 31,871 | 20,025 |
| 2014 | +9.2% | +6.2% | 28,686 | 17,095 |
| 2013 | +5.3% | +3.4% | 27,517 | 15,772 |
| 2012 | +0.8% | −1.8% | 23,301 | 12,617 |
| 2011 | −3.3% | −4.4% | 13,502 | 8,723 |
| 2010 | −4.2% | −5.1% | 11,591 | 8,790 |
| 2009 | −1.6% | −7.5% | 9,355 | 7,261 |
| 2008 | −1.1% | −4.5% | 18,998 | 11,147 |
| 2007 | +0.9% | +0.6% | 29,454 | 20,516 |
| 2006 | +3.4% | +6.6% | 38,343 | 30,365 |
| 2005 | +5.0% | +12.4% | 45,891 | 40,140 |
| 2004 | +3.0% | +9.2% | 46,499 | 40,753 |
| 2003 | +0.9% | +4.5% | 39,569 | 33,837 |
| 2002 | +4.2% | +5.4% | 47,871 | 34,993 |
| 2001 | +8.2% | +6.7% | 55,007 | 36,437 |
| 2000 | +13.3% | +8.3% | 54,596 | 38,588 |
| 1999 | +7.5% | +4.3% | 49,313 | 38,410 |
| 1998 | +4.8% | +3.7% | 51,156 | 36,107 |
| 1997 | +5.5% | +3.8% | 43,053 | 31,941 |
| 1996 | +4.8% | +3.2% | 41,135 | 30,361 |
| 1995 | +9.3% | +3.7% | 38,622 | 28,404 |
Cities issuing the most permits
Housing units authorised in the 12 months to August 2026; every place is listed on its county page.
- Denver 6,418
- El Paso County Unincorporated Area 5,742
- Fort Collins 1,629
- Aurora 1,437
- Longmont 1,091
- Greeley 1,088
- Commerce City 931
- Mesa County Unincorporated Area 731
- Douglas County Unincorporated Area 695
- Littleton 664
- Parker town 610
- Windsor town 560
- Johnstown town 507
- Adams County Unincorporated Area 493
- Jefferson County Unincorporated Area 486
- Thornton 385
- Castle Pines 367
- Erie town 325
- Superior town 321
- Arvada 314
- Arapahoe County Unincorporated Area 292
- Elbert County Unincorporated Area 287
- Loveland 287
- Brighton 285
- Westminster 266
- Routt County 245
- Lone Tree 220
- Fort Lupton 216
- Firestone town 196
- Timnath town 185
- Bennett town 180
- Castle Rock town 179
- Boulder 177
- Montrose 177
- Chaffee County 166
- Wheat Ridge 163
- Grand County Unincorporated Area 155
- Gypsum town 153
- Park County Unincorporated Area 150
- Broomfield 139
Questions and answers
How much have home values in Colorado risen over 10 years?
The FHFA index rose +93.3% between 2015 and 2025, +6.8% a year; over 20 years +131.2% and since 2000 +184.6%. Nationally: +85.0%, +79.1% and +158.3%.
Which Colorado counties rose most over 10 years?
Lake County (+185.2%), Grand County (+149.7%) and San Miguel County (+148.7%), by FHFA's annual county index to 2025.
What happened to Colorado home prices in 2008?
The state index peaked in 2007, fell −9.8% to 2011 and regained its peak in 2014.
How many homes are being built in Colorado?
33,093 units were authorised in the 12 months to August 2026: 17,401 single-family and 15,692 in multi-unit buildings, 5.5 per 1,000 residents.
Where does this data come from?
FHFA's quarterly all-transactions state index (through 2026 Q2) and annual state index (updated March 31, 2026); the Census Bureau's Building Permits Survey state and county files through August 2026; vintage 2025 population estimates.
Provenance
Index: Federal Housing Finance Agency, quarterly all-transactions and purchase-only state indexes through 2026 Q2 and annual state index (updated March 31, 2026). Permits: Census Bureau Building Permits Survey state, county and place files through August 2026. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.