Grand Junction, CO home prices
Typical home $428,680 · +1.6% in a year · income needed $113,900
The Grand Junction, CO metro area ranks 118 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +1.6% in a year and +22.6% over five years. With 20% down at 7.11%, the typical home costs about $2,657 a month including 0.38% property tax (Mesa County rate).
Mortgage on the typical Grand Junction home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $85,736 | $342,944 | $2,307 | $0 | $350 | $2,657 | $113,900 |
| 10% down | $42,868 | $385,812 | $2,595 | $161 | $350 | $3,106 | $133,100 |
| 5% down | $21,434 | $407,246 | $2,740 | $170 | $350 | $3,259 | $139,700 |
| 3.5% down (FHA) | $15,004 | $420,915 | $2,832 | $190 | $350 | $3,371 | $144,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.38% 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 Grand Junction area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Mesa County, CO | $428,682 | +1.6% | 0.38% |
What can you afford in Colorado on your salary? · Colorado home prices · Salaries in Colorado
Frequently asked questions
How much is a house in Grand Junction?
The typical home in the Grand Junction, CO metro area is worth $428,680 (Zillow, September 2026).
What salary do you need to buy a house in Grand Junction?
About $113,900 a year for the typical home with 20% down at 7.11%.