According to the latest Zillow Home Value Index, Colorado home prices are still rising—but some towns remain surprisingly affordable. While big cities like Denver and Boulder top the charts, a handful of smaller communities offer home prices well below the state average. Based on May 2025 data, these 17 towns stand out for having the lowest housing costs in Colorado. From remote mountain hideaways to historic prairie towns, each place on the list includes detailed pricing trends from 2010 to today—offering a clear view of where your dollar still stretches.
17. Moffat – 160% Home Price Increase Since 2010
- 2010: $72,547
- 2011: $74,213 (+$1,666, +2.30% from previous year)
- 2012: $72,527 (-$1,686, -2.27% from previous year)
- 2013: $84,684 (+$12,157, +16.76% from previous year)
- 2014: $101,416 (+$16,732, +19.76% from previous year)
- 2015: $94,779 (-$6,637, -6.54% from previous year)
- 2016: $101,221 (+$6,442, +6.80% from previous year)
- 2017: $116,861 (+$15,640, +15.45% from previous year)
- 2018: $119,424 (+$2,563, +2.19% from previous year)
- 2019: $128,611 (+$9,187, +7.69% from previous year)
- 2020: $137,957 (+$9,347, +7.27% from previous year)
- 2021: $179,649 (+$41,692, +30.22% from previous year)
- 2022: $210,691 (+$31,042, +17.28% from previous year)
- 2023: $196,087 (-$14,604, -6.93% from previous year)
- 2024: $175,087 (-$21,000, -10.71% from previous year)
- 2025: $188,397 (+$13,310, +7.60% from previous year)
Moffat’s home values have more than doubled since 2010, growing by 160% over the 15-year span. After some early volatility, prices began a more stable upward climb in the mid-2010s. A standout moment came in 2021 with a striking 30% year-over-year gain, likely driven by renewed interest in small-town living. While the past few years brought some correction, the market rebounded in 2025, showing resilience after a dip. Moffat remains a compelling option for budget-conscious buyers who are also eyeing long-term appreciation. With a current average home price of $188,397, it offers strong value even after years of growth.
Moffat – Small Town with Surprising Momentum
Located in the San Luis Valley of south-central Colorado, Moffat is a tiny rural town with fewer than 150 residents — but its real estate market has told a much bigger story. Its appeal comes from wide-open landscapes, mountain views, and quiet living. While local amenities are limited, its affordability and remoteness have drawn in retirees and off-grid enthusiasts.
High home price growth between 2020 and 2022 suggests increased demand, possibly from out-of-state buyers. The steep dip in 2023 and 2024 reflects broader rural market corrections, yet Moffat bounced back by 7.6% in 2025. For those who don’t mind isolation in exchange for affordability and mountain proximity, Moffat offers a truly low-cost foothold in the Colorado housing market.
16. Wiley – 144% Home Price Increase Since 2010
- 2010: $76,918
- 2011: $74,129 (-$2,789, -3.63% from previous year)
- 2012: $75,005 (+$876, +1.18% from previous year)
- 2013: $76,456 (+$1,451, +1.93% from previous year)
- 2014: $82,357 (+$5,900, +7.72% from previous year)
- 2015: $85,488 (+$3,132, +3.80% from previous year)
- 2016: $89,792 (+$4,304, +5.03% from previous year)
- 2017: $97,324 (+$7,532, +8.39% from previous year)
- 2018: $107,409 (+$10,085, +10.36% from previous year)
- 2019: $120,266 (+$12,856, +11.97% from previous year)
- 2020: $124,424 (+$4,159, +3.46% from previous year)
- 2021: $155,158 (+$30,734, +24.70% from previous year)
- 2022: $184,889 (+$29,731, +19.16% from previous year)
- 2023: $182,718 (-$2,172, -1.17% from previous year)
- 2024: $189,760 (+$7,042, +3.85% from previous year)
- 2025: $187,891 (-$1,869, -0.99% from previous year)
Wiley has seen strong and steady growth since 2010, with home prices climbing 144% over the period. The town experienced a massive spike in 2021 and 2022, likely fueled by pandemic-era migration and demand for more space. Though prices dipped slightly in 2023 and 2025, the overall trend remains solid. Current prices hover around $188,000, close to their all-time high, making Wiley one of Colorado’s most stable affordable markets over the long haul.
Wiley – Affordable Homes in Colorado’s Southeast
Sitting just north of Lamar in southeastern Colorado, Wiley is a quiet agricultural town that offers a low cost of living and peaceful surroundings. With easy access to US Route 287 and just minutes from the Arkansas River, it’s convenient for those commuting to larger nearby towns for work or shopping.
Wiley’s affordability, combined with consistent price growth and minimal market volatility, suggests strong long-term investment potential. Home values grew in double digits through several consecutive years, even as some towns faltered. Its appeal lies in its simplicity and consistent demand from families and rural workers looking for steady, low-cost housing options.
15. Julesburg – 99% Home Price Increase Since 2017
- 2010: N/A
- 2011: N/A
- 2012: N/A
- 2013: N/A
- 2014: N/A
- 2015: N/A
- 2016: N/A
- 2017: $89,487
- 2018: $100,604 (+$11,117, +12.42% from previous year)
- 2019: $109,494 (+$8,890, +8.84% from previous year)
- 2020: $117,303 (+$7,809, +7.13% from previous year)
- 2021: $142,205 (+$24,901, +21.23% from previous year)
- 2022: $157,039 (+$14,834, +10.43% from previous year)
- 2023: $157,002 (-$37, -0.02% from previous year)
- 2024: $167,566 (+$10,563, +6.73% from previous year)
- 2025: $178,096 (+$10,531, +6.28% from previous year)
Julesburg’s home prices have nearly doubled since 2017, reflecting a major upward swing for this northeastern Colorado town. A huge jump in 2021 pushed values past $140K, and they’ve continued a steady climb. The current median sits at $178,096, one of the highest among this affordable group. Despite a brief plateau in 2023, the consistent demand shows buyers are noticing Julesburg’s appeal.
Julesburg – Rural Growth Near the Nebraska Line
Julesburg is tucked away in Colorado’s far northeastern corner, right near the Nebraska state line. Known for its frontier history and laid-back lifestyle, this small town has become more attractive in recent years to remote workers and retirees seeking peace and open space. Despite its location, it has access to I-76, connecting it to bigger markets like Denver and Cheyenne…