Garfield County, Colorado home prices
Typical home $704,470 · +3.1% in a year · property tax 0.42%
The typical home in Garfield County is worth $704,470, 33% more than the Colorado typical home ($529,013). Values changed +3.1% in the past year and +35.7% over five years. Homeowners here pay a median 0.42% of their home's value in property tax each year ($2,938 on the typical home), versus 0.52% statewide.
Mortgage on the typical Garfield County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $140,894 | $563,576 | $3,791 | $0 | $597 | $4,388 | $188,100 |
| 10% down | $70,447 | $634,023 | $4,265 | $264 | $597 | $5,126 | $219,700 |
| 5% down | $35,224 | $669,247 | $4,502 | $279 | $597 | $5,378 | $230,500 |
| 3.5% down (FHA) | $24,656 | $691,711 | $4,653 | $312 | $597 | $5,562 | $238,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.42% 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 Glenwood Springs metro area.
Colorado counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Boulder County | $706,773 | -0.4% | 0.53% |
| Douglas County | $694,570 | -1.3% | 0.55% |
| Chaffee County | $686,577 | +1.2% | 0.29% |
| Gunnison County | $723,157 | +3.6% | 0.29% |
| La Plata County | $678,547 | +2.9% | 0.26% |
| Elbert County | $675,289 | -2.0% | 0.45% |
| Grand County | $742,708 | -0.9% | 0.34% |
| Ouray County | $791,603 | +4.4% | 0.28% |
| Broomfield County | $613,654 | -0.7% | 0.6% |
| Jefferson County | $606,904 | -1.6% | 0.48% |
Frequently asked questions
What is the average home price in Garfield County, CO?
The typical home value in Garfield County is $704,470 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Garfield County?
About $188,100 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Garfield County?
The median effective rate is 0.42% of home value a year (Census ACS 2024 5-year estimates).