Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$472,557−1.3% YoY · prices are falling
Market right nowBuyer's marketFewer homes for sale than last year, 20% have cut their price
Income needed to buy, per year$102,441About 1.2× the local median income ($87,171): a stretch for a typical household
Days on market87 daysFaster than a year ago: sellers have the edge
Next 12 months−0.5%Zillow expects prices to stay about flat
The typical home in Teller County, CO is worth $472,557, down 1.3% from a year ago. That is well above what local incomes have historically supported: fair value is about $394,971, so the area is 19.6% overvalued. It is a buyer's market: homes take about 87 days to sell, listings are down 14% from a year ago, 20% of listings have had a price cut. Zillow expects prices to fall about 0.5% over the next year. A household needs about $102,441 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 $87,171. Typical rent is $1,986 a month, or $2,617 for a house. In the latest IRS figures, 26 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
$472,557
Change in 1 year
−1.3%
Overvalued %
+19.6%
Show 7 more
Fair home value
$394,971
Change in 5 years
+9.3%
Zillow forecast, next 12 months
−0.5%
Home value to income
5.4×
Monthly mortgage payment (20% down)
$2,561
Income needed to afford it
$102,441
Property tax rate
0.35%
Rent and investing
Typical rent
$1,986
Typical rent for houses
$2,617
Price-to-rent ratio
19.8×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,474
Gross rental yield
5.04%
Cap rate (estimate)
3.28%
Market activity
Listings vs a year ago
−14.1%
Days on market
87
Listings with a price cut
20.4%
Show 3 more
Homes for sale
335
Pending sales per 100 listings
22
Asking price per sq ft
$285
People and jobs
Median household income
$87,171
Population change (1 year)
+0.1%
Unemployment rate
3.7%
Show 4 more
Population
24,756
Income adjusted for cost of living
$86,565
Net moves in (IRS)
+26
Cost of living (US = 100)
100.7
Schools, risk and environment
School rating (1 to 10)
5.6
FEMA hazard risk score (0 to 100)
38.8
Unhealthy air days a year
27
Show 4 more
Flood risk score
15.9
Wildfire risk score
97.0
Walkability (1 to 20)
6.2
Road, rail and air noise
54 dB
Questions people ask
Is Teller County, CO overvalued?
Home prices in Teller County, CO are well above what local incomes have historically supported: fair value is about $394,971, so the area is 19.6% overvalued.
Is Teller County, CO a buyer's or seller's market?
Teller County, CO is a buyer's market: homes take about 87 days to sell, listings are down 14% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Teller County, CO?
Home values in Teller County, CO are down 1.3% over the last year. Zillow's forecast for the next 12 months is −0.5%.
How much do you need to earn to buy a home in Teller County, CO?
A household needs about $102,441 a year to afford the typical home in Teller County, CO at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $87,171.