Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$686,577+1.2% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 9% have cut their price
Income needed to buy, per year$148,836About 1.7× the local median income ($89,591): hard to afford
Days on market102 daysAbout the same pace as a year ago
The typical home in Chaffee County, CO is worth $686,577, up 1.2% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $656,133, so the area is 4.6% overvalued. It is a buyer's market: homes take about 102 days to sell, listings are up 24% from a year ago, 9% of listings have had a price cut. A household needs about $148,836 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $89,591. Typical rent is $2,169 a month. In the latest IRS figures, 400 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$686,577
Change in 1 year
+1.2%
Overvalued %
+4.6%
Show 6 more
Fair home value
$656,133
Change in 5 years
+18.0%
Home value to income
7.7×
Monthly mortgage payment (20% down)
$3,721
Income needed to afford it
$148,836
Property tax rate
0.29%
Rent and investing
Typical rent
$2,169
Price-to-rent ratio
26.4×
HUD Fair Market Rent, 2 bedrooms
$1,755
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Gross rental yield
3.79%
Cap rate (estimate)
2.46%
Market activity
Listings vs a year ago
+24.5%
Days on market
102
Listings with a price cut
9.3%
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Homes for sale
315
Pending sales per 100 listings
15
Asking price per sq ft
$447
People and jobs
Median household income
$89,591
Population change (1 year)
+0.2%
Unemployment rate
4.8%
Show 4 more
Population
20,831
Income adjusted for cost of living
$91,888
Net moves in (IRS)
+400
Cost of living (US = 100)
97.5
Schools, risk and environment
School rating (1 to 10)
6.9
FEMA hazard risk score (0 to 100)
51.1
Unhealthy air days a year
18
Show 4 more
Flood risk score
64.7
Wildfire risk score
71.7
Walkability (1 to 20)
7.6
Road, rail and air noise
54 dB
Questions people ask
Is Chaffee County, CO overvalued?
Home prices in Chaffee County, CO are slightly above what local incomes have historically supported: fair value is about $656,133, so the area is 4.6% overvalued.
Is Chaffee County, CO a buyer's or seller's market?
Chaffee County, CO is a buyer's market: homes take about 102 days to sell, listings are up 24% from a year ago, 9% of listings have had a price cut.
Are home prices going down in Chaffee County, CO?
Home values in Chaffee County, CO are up 1.2% over the last year.
How much do you need to earn to buy a home in Chaffee County, CO?
A household needs about $148,836 a year to afford the typical home in Chaffee County, CO at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $89,591.