Across all seven Colorado metros studied, median-income households could not afford the median home at current prices and mortgage costs, signaling a statewide affordability mismatch.
Boulder and Grand Junction stood out most: >half of homes stayed unaffordable for most households even if mortgages carried no interest at all.
Colorado metro price snapshots
Denver metro: ~$589K home, income ~$108K
Fort Collins/Loveland: ~$589K, income ~$93K
Colorado Springs: ~$497K, income ~$91K
Pueblo: ~$350K, income ~$62K
For Denver, Fort Collins/Loveland, Colorado Springs and Pueblo, affordability required rates below ~3%, levels the analysis said were common mainly after the pandemic.
Greeley needed rates in the mid-3% range, while affordability was measured with ~20% down and housing costs capped near 30% of income.
Colorado Metros: Unaffordable | JeffCORealEstate

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