Buying a home in Colorado
Property taxes, transfer taxes, home values and first-time buyer help in Colorado.
For home buyers in Colorado: the taxes and typical costs of buying, with official sources.
At Colorado's effective rate of 0.48%, a typical $529,013 home would owe about $2,539/year ($212/month) in property taxes. Actual bills depend on your county, city and exemptions. Run your numbers.
Colorado Housing and Finance Authority
Your state housing finance agency offers down payment assistance and low-rate mortgages for eligible buyers. Visit Colorado Housing and Finance Authority →
Next steps
Sources: U.S. Census Bureau ACS 2020–2024 5-year (B25103, B25077); Zillow Home Value Index; TallyClose closing-cost dataset (CC BY 4.0), which cites each state statute; NCSHA HFA directory. Last updated 2026-11-01.
Common questions
What is the property tax rate in Colorado?
The effective property tax rate in Colorado is 0.48%: the median tax of $2,602 divided by the median home value of $539,400 (U.S. Census Bureau ACS 2020–2024).
What is a typical home value in Colorado?
$529,013 in September 2026, according to the Zillow Home Value Index.
Does Colorado have a real estate transfer tax?
Yes. The state transfer tax is 0.01% of the price, usually paid by the buyer.
Who offers first-time homebuyer help in Colorado?
Colorado Housing and Finance Authority, the state housing finance agency, offers down payment assistance and lower-rate loans for eligible buyers.
Updated . Official sources: U.S. Census Bureau ACS, Zillow Research ZHVI.
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