Colorado is now home to the seventh-highest home prices in the U.S., with home prices in the state averaging 17% above the national average, according to moveBuddha.

                By                    Gabrielle Olya

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The rise in home prices is tied to an increase in population in many cases, with home prices rising over 30% over the past two years in some of the fastest-growing cities in the state. Here’s a look at what those cities are, as identified by moveBuddha.

1. Pueblo, Colorado

  • Average home value in 2020: $212,006
  • Average home value in 2022: $312,597
  • Percent increase: 32.2%

2. Colorado Springs, Colorado

  • Average home value in 2020: $341,096
  • Average home value in 2022: $502,041
  • Percent increase: 32.1%

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3. Castle Rock, Colorado

  • Average home value in 2020: $508,096
  • Average home value in 2022: $739,174
  • Percent increase: 31.3%

4. Rye, Colorado

  • Average home value in 2020: $234,396
  • Average home value in 2022: $339,310
  • Percent increase: 30.9%

5. Parker, Colorado

  • Average home value in 2020: $537,055
  • Average home value in 2022: $775,150
  • Percent increase: 30.7%

6. Erie, Colorado

  • Average home value in 2020: $574,158
  • Average home value in 2022: $823,060
  • Percent increase: 30.2%

7. Lone Tree, Colorado

  • Average home value in 2020: $766,468
  • Average home value in 2022: $1,097,521
  • Percent increase: 30.2%

8. Commerce City, Colorado

  • Average home value in 2020: $398,698

  • Average home value in 2022: $570,496

  • Percent increase: 30.1%

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All data is sourced from moveBuddha’s 2021-2022 Colorado Migration Report and is accurate as of Sept. 26, 2022.