Are Colorado Home Prices Still Rising at the Pace of the Early 2020s?

How can I use these findings?

For a home purchase, ask whether the payment and property fit your needs even if appreciation is modest. For an investment, test documented rent and expenses with no assumed appreciation and an unfavorable vacancy or repair case. The statewide history helps put headlines in perspective, while recent comparable local properties help evaluate the purchase in front of you. Matching the dates also matters: the slide’s 0.2% figure corresponds to a year-over-year comparison, while its printed 15-month dates produce 0.81%.

Which time window produces which result?

We rechecked the photographed NAR map against FHFA index observations published through FRED. The long-window slide’s rounded Colorado figure is consistent with the source. The short-window slide title says 2025 Q1–2026 Q2, while its legend says one year; the displayed 0.2% matches the year-over-year calculation.

The research uses explicit start and end quarters rather than silently choosing one label. The underlying index is not seasonally adjusted and includes sales-price and appraisal information; it is different from a monthly median closed price.

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Sources: FHFA All-Transactions House Price Index for Colorado, COSTHPI; FRED table, August 25, 2026 vintage; FHFA All-Transactions House Price Index for New Hampshire, NHSTHPI; FRED table; FHFA All-Transactions House Price Index for New Jersey, NJSTHPI; FRED table; FHFA All-Transactions House Price Index for Connecticut, CTSTHPI; FRED table

How large is the Colorado-versus-peer gap?

The selected peer comparison shows Colorado’s long-window growth below Connecticut, New Jersey and New Hampshire. These are selected comparisons visible in the presentation, not a ranking of every state or a claim that any peer is a better investment.

For the matching-year window, New Jersey’s 5.45% growth exceeds Colorado’s 0.20% by about 5.24 percentage points before rounding. Different starting prices, rental income, transaction costs and ownership expenses are not measured by this comparison.

What does this mean for greater Denver?

Accumulated statewide price gains can coexist with subdued recent momentum. A Denver homeowner may have substantial equity without receiving another year of rapid appreciation. The state index does not measure equity in a particular house or the market conditions of a specific Denver neighborhood.

For a current offer or asking-price decision, use recent local comparable sales and competition. September county median prices in our separate local snapshot moved in different directions year over year; those medians and this index should not be combined into one growth estimate.

Sources: REcolorado / InfoSparks: September 2026 monthly county single-family-residence snapshot; extracted October 12, 2026