Steamboat Springs, CO home prices
Typical home $1,121,758 · +4.0% in a year · income needed $295,600
The Steamboat Springs, CO metro area ranks 7 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +4.0% in a year and +37.2% over five years. With 20% down at 7.11%, the typical home costs about $6,897 a month including 0.32% property tax (Routt County rate).
Mortgage on the typical Steamboat Springs home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $224,352 | $897,406 | $6,037 | $0 | $860 | $6,897 | $295,600 |
| 10% down | $112,176 | $1,009,582 | $6,792 | $421 | $860 | $8,072 | $346,000 |
| 5% down | $56,088 | $1,065,670 | $7,169 | $444 | $860 | $8,473 | $363,100 |
| 3.5% down (FHA) | $39,262 | $1,101,440 | $7,409 | $496 | $860 | $8,766 | $375,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.32% 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 Steamboat Springs area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Routt County, CO | $1,121,049 | +4.0% | 0.32% |
What can you afford in Colorado on your salary? · Colorado home prices · Salaries in Colorado
Frequently asked questions
How much is a house in Steamboat Springs?
The typical home in the Steamboat Springs, CO metro area is worth $1,121,758 (Zillow, September 2026).
What salary do you need to buy a house in Steamboat Springs?
About $295,600 a year for the typical home with 20% down at 7.11%.