Glenwood Springs, CO home prices
Typical home $978,915 · +4.8% in a year · income needed $261,300
The Glenwood Springs, CO metro area ranks 13 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +4.8% in a year and +38.2% over five years. With 20% down at 7.11%, the typical home costs about $6,098 a month including 0.42% property tax (Garfield County rate).
Mortgage on the typical Glenwood Springs home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $195,783 | $783,132 | $5,268 | $0 | $830 | $6,098 | $261,300 |
| 10% down | $97,892 | $881,024 | $5,927 | $367 | $830 | $7,123 | $305,300 |
| 5% down | $48,946 | $929,969 | $6,256 | $387 | $830 | $7,473 | $320,300 |
| 3.5% down (FHA) | $34,262 | $961,185 | $6,466 | $433 | $830 | $7,729 | $331,200 |
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.
Counties in the Glenwood Springs area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Garfield County, CO | $704,470 | +3.1% | 0.42% |
| Pitkin County, CO | $2,710,408 | +9.4% | 0.36% |
What can you afford in Colorado on your salary? · Colorado home prices · Salaries in Colorado
Frequently asked questions
How much is a house in Glenwood Springs?
The typical home in the Glenwood Springs, CO metro area is worth $978,915 (Zillow, September 2026).
What salary do you need to buy a house in Glenwood Springs?
About $261,300 a year for the typical home with 20% down at 7.11%.