Chaffee County, Colorado home prices
Typical home $686,577 · +1.2% in a year · property tax 0.29%
The typical home in Chaffee County is worth $686,577, 30% more than the Colorado typical home ($529,013). Values changed +1.2% in the past year and +18.0% over five years. Homeowners here pay a median 0.29% of their home's value in property tax each year ($1,961 on the typical home), versus 0.52% statewide.
Mortgage on the typical Chaffee County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $137,315 | $549,262 | $3,695 | $0 | $507 | $4,202 | $180,100 |
| 10% down | $68,658 | $617,919 | $4,157 | $257 | $507 | $4,921 | $210,900 |
| 5% down | $34,329 | $652,248 | $4,388 | $272 | $507 | $5,166 | $221,400 |
| 3.5% down (FHA) | $24,030 | $674,141 | $4,535 | $304 | $507 | $5,345 | $229,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.29% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Colorado.
Colorado counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Douglas County | $694,570 | -1.3% | 0.55% |
| La Plata County | $678,547 | +2.9% | 0.26% |
| Elbert County | $675,289 | -2.0% | 0.45% |
| Garfield County | $704,470 | +3.1% | 0.42% |
| Boulder County | $706,773 | -0.4% | 0.53% |
| Gunnison County | $723,157 | +3.6% | 0.29% |
| Grand County | $742,708 | -0.9% | 0.34% |
| Broomfield County | $613,654 | -0.7% | 0.6% |
| Jefferson County | $606,904 | -1.6% | 0.48% |
| Ouray County | $791,603 | +4.4% | 0.28% |
Frequently asked questions
What is the average home price in Chaffee County, CO?
The typical home value in Chaffee County is $686,577 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Chaffee County?
About $180,100 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Chaffee County?
The median effective rate is 0.29% of home value a year (Census ACS 2024 5-year estimates).