Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$704,470+3.1% YoY · prices are rising fast
Market right nowBuyer's marketMore homes for sale than last year, 15% have cut their price
Income needed to buy, per year$152,714About 1.7× the local median income ($91,858): hard to afford
Days on market93 daysSlower than a year ago: buyers have time to negotiate
The typical home in Garfield County, CO is worth $704,470, up 3.1% from a year ago. That is well above what local incomes have historically supported: fair value is about $509,108, so the area is 38.4% overvalued. It is a buyer's market: homes take about 93 days to sell, listings are up 25% from a year ago, 15% of listings have had a price cut. A household needs about $152,714 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 $91,858. Typical rent is $2,570 a month. In the latest IRS figures, 43 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
$704,470
Change in 1 year
+3.1%
Overvalued %
+38.4%
Show 6 more
Fair home value
$509,108
Change in 5 years
+35.7%
Home value to income
7.7×
Monthly mortgage payment (20% down)
$3,818
Income needed to afford it
$152,714
Property tax rate
0.42%
Rent and investing
Typical rent
$2,570
Price-to-rent ratio
22.8×
HUD Fair Market Rent, 2 bedrooms
$1,781
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Gross rental yield
4.38%
Cap rate (estimate)
2.85%
Market activity
Listings vs a year ago
+24.7%
Days on market
93
Listings with a price cut
15.4%
Show 3 more
Homes for sale
409
Pending sales per 100 listings
19
Asking price per sq ft
$449
People and jobs
Median household income
$91,858
Population change (1 year)
−0.5%
Unemployment rate
3.4%
Show 4 more
Population
63,474
Income adjusted for cost of living
$94,213
Net moves in (IRS)
+43
Cost of living (US = 100)
97.5
Schools, risk and environment
School rating (1 to 10)
4.5
FEMA hazard risk score (0 to 100)
64.5
Unhealthy air days a year
1
Show 4 more
Flood risk score
77.5
Wildfire risk score
91.0
Walkability (1 to 20)
8.1
Road, rail and air noise
54 dB
Questions people ask
Is Garfield County, CO overvalued?
Home prices in Garfield County, CO are well above what local incomes have historically supported: fair value is about $509,108, so the area is 38.4% overvalued.
Is Garfield County, CO a buyer's or seller's market?
Garfield County, CO is a buyer's market: homes take about 93 days to sell, listings are up 25% from a year ago, 15% of listings have had a price cut.
Are home prices going down in Garfield County, CO?
Home values in Garfield County, CO are up 3.1% over the last year.
How much do you need to earn to buy a home in Garfield County, CO?
A household needs about $152,714 a year to afford the typical home in Garfield County, CO at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $91,858.