Colorado Housing Forecast for 2025

Published:
June 19, 2019
Last updated:
January 7, 2025
In This Article

The Colorado real estate market is very healthy right now, and prices are expected to pick up over the course of 2025. Mortgage rates have been high lately, but they have recently dipped and will continue to decline throughout 2025 in Colorado.

colorado-housing-market-forecast-2025

Property Values Increased

Average home values in Colorado decreased by 0.9% over the past year.

Home Prices Slightly Up

Colorado’s average home currently sits at $542,085 according to Zillow.

Housing Inventory Still Tight

The supply of available homes for sale is decreasing across Colorado. There is currently only a 3.8-month supply of homes on the market to meet buyer demand.

The number of Homes Sold Increased

The number of homes sold in Colorado increased 12.5% year-over-year.

30-Year Fixed-Rate Mortgage Rate Increased

According to Freddie Mac, current mortgage rates in Colorado are currently 6.65% for a 30-year fixed-rate mortgage, 6.03% for a 15-year fixed-rate mortgage, and 6.68% for a 5/1 adjustable-rate mortgage (ARM).

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Number of Homes Sold in Denver Increased

The number of homes sold in Denver increased by 10% year-over-year.

Denver’s Home Prices Decreased

According to Zillow, home prices in Denver decreased to $547,159.

Colorado Springs Home Prices Inched Up

Colorado Springs had a moderate 2024 as home prices inched up slightly. According to Zillow, home prices in Colorado Springs are $450,829.

Cool Housing Market in Boulder

Boulder saw a 0.9% decrease in home prices this year, which now sits at $965,404.

Fort Collins Home Prices Remain Increased

Home prices in Fort Collins have moved up slightly year-over-year. According to Zillow, home prices in Fort Collins currently sit at $555,743.

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Need a Home Loan in Colorado?

If you have questions about home loans in Colorado, we’re happy to help. Sammamish Mortgage is a mortgage firm local to Bellevue, Washington, serving the entire state, as well as Oregon, Idaho, California and Colorado since 1992. Our experts will walk you through our mortgage programs to see which one is best suited for you. Contact us today with any questions you have about home loans in Colorado.

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