Home Values in Greeley, Colorado — 2026 Market Report
Updated March 2026 | Buyer's Market | +3.7% YoY
The median home value in Greeley, Colorado is $395,000 as of March 2026, which is near the national median of $400,000. Home values in Greeley have increased by 3.7% over the past year and 19.9% over the last five years. With a population of 108,795 and a median household income of $55,250, the price-to-income ratio stands at 7.1x, making Greeley affordable for the average household.
Greeley Housing Market Conditions
| Metric | Greeley | National Avg |
|---|---|---|
| Median Home Value | $395,000 | $400,000 |
| YoY Appreciation | +3.7% | +3.8% |
| 5-Year Appreciation | +19.9% | +22.4% |
| Price per Sq Ft | $188 | $222 |
| Days on Market | 44 days | 45 days |
| Months of Supply | 5 | 3.5 |
| List-to-Sale Ratio | 98% | 98.5% |
| Monthly Homes Sold | 57 | — |
| Foreclosure Rate | 0.72% | 0.3% |
Home Value Trends in Greeley
A homeowner who purchased at the median price of $329,441 five years ago in Greeley would have gained approximately $65,559 in equity, representing a 19.9% return on investment. Over the past year alone, the typical homeowner gained $14,094 in home equity.
Affordability in Greeley, CO
With a median household income of $55,250 and a median home price of $395,000, the price-to-income ratio in Greeley is 7.1x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $2,485 compared to estimated monthly ownership costs of $2,045 gives a rent-vs-buy ratio of 0.82. In Greeley, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Greeley
The effective property tax rate in Colorado is 0.51%. On a home valued at $395,000, the estimated annual property tax bill is $2,015, or approximately $168/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Greeley is 95.5 (100 = national average), indicating living costs are near the national average.
Calculate Your Mortgage Payment in Greeley
Use our free calculator to estimate monthly payments for a $395,000 home
Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Greeley, CO?
The median home value in Greeley, Colorado is $395,000 as of March 2026. Home values have changed +3.7% over the past year, with a 5-year appreciation of 19.9%.
Is Greeley a buyer's or seller's market?
Greeley is currently a buyer's market with 5 months of housing supply. Homes spend an average of 44 days on market, and the list-to-sale price ratio is 98%. Supply and demand are relatively balanced.
Are home values going up in Greeley?
Yes, home values in Greeley have increased by 3.7% over the past year. The 5-year appreciation rate is 19.9%, meaning a home worth $329,441 five years ago is now worth $395,000.
Is it better to rent or buy in Greeley?
The average monthly rent in Greeley is $2,485, while estimated monthly homeownership costs are approximately $2,045. The price-to-rent ratio is 13.2. Based on current conditions, buying may be more cost-effective than renting in this market.
Home Values in Other Colorado Cities
Related Resources
Disclaimer: Home value data for Greeley, Colorado is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.