El Paso County, Colorado home prices
Typical home $445,559 · -1.4% in a year · property tax 0.41%
The typical home in El Paso County is worth $445,559, 16% less than the Colorado typical home ($529,013). Values changed -1.4% in the past year and +3.6% over five years. Homeowners here pay a median 0.41% of their home's value in property tax each year ($1,811 on the typical home), versus 0.52% statewide.
Mortgage on the typical El Paso County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $89,112 | $356,448 | $2,398 | $0 | $374 | $2,772 | $118,800 |
| 10% down | $44,556 | $401,003 | $2,698 | $167 | $374 | $3,238 | $138,800 |
| 5% down | $22,278 | $423,281 | $2,847 | $176 | $374 | $3,398 | $145,600 |
| 3.5% down (FHA) | $15,595 | $437,489 | $2,943 | $197 | $374 | $3,514 | $150,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.41% 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 · part of the Colorado Springs metro area.
Colorado counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Mineral County | $452,046 | +4.2% | 0.35% |
| Montrose County | $455,743 | +2.2% | 0.36% |
| Mesa County | $428,682 | +1.6% | 0.38% |
| Teller County | $472,557 | -1.3% | 0.35% |
| Adams County | $472,857 | -2.6% | 0.61% |
| Hinsdale County | $475,661 | +0.4% | 0.31% |
| Montezuma County | $407,031 | +1.9% | 0.29% |
| Delta County | $407,020 | +2.4% | 0.31% |
| Weld County | $488,305 | -2.0% | 0.52% |
| Custer County | $399,858 | -0.7% | 0.39% |
Frequently asked questions
What is the average home price in El Paso County, CO?
The typical home value in El Paso County is $445,559 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in El Paso County?
About $118,800 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in El Paso County?
The median effective rate is 0.41% of home value a year (Census ACS 2024 5-year estimates).