Buying a home in Colorado

Property taxes, transfer taxes, home values and first-time buyer help in Colorado.

Effective property tax rate

0.48%

Median tax $2,602 ÷ median value $539,400 (ACS 2020–2024)

Typical home value

$532,748

Zillow ZHVI, 2026-08

State transfer tax

0.01%

Usually paid by: buyer. C.R.S. 39-13-102. Official source. Local taxes may add more.

Estimated buyer closing costs Estimate

$4,000–$5,700

On a $532,748 home: typical lender fees + title insurance + deed recording (TallyClose) + the buyer’s share of transfer/recording taxes. Excludes prepaids, escrow and local taxes.

At Colorado's effective rate of 0.48%, a typical $532,748 home would owe about $2,557/year ($213/month) in property taxes. Actual bills depend on your county, city and exemptions. Run your numbers.

First-time homebuyer programs

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 →

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 2026-10-15.