Colorado boasts some of the most attractive and priciest cities in the United States, renowned for their stunning landscapes, lively communities, and upscale amenities. Whether you’re eyeing properties for sale in Aspen or Cherry Hills Village, these cities offer a luxurious lifestyle intertwined with outdoor adventures. However, all these luxuries come with a hefty price tag, making them less appealing to some house hunters. If you’re contemplating a move to one of Colorado’s most expensive cities, here’s what sets them apart.
Quick facts about Colorado
| Median sale price | $601,700 |
| Median household income | $92,911 |
| Average rent | $1,713 |
10. Avon, CO
Median Sale Price: $1,031,750
Homes for sale in Avon
Nestled in the heart of the Rockies, Avon serves as a gateway to Beaver Creek Resort, a renowned skiing and luxury living destination. The town features quaint boutiques, vibrant eateries, and numerous outdoor recreation options like hiking and paddleboarding on Nottingham Lake. Avon’s neighborhoods offer a blend of modern condos and mountain homes, catering to those seeking both convenience and breathtaking views. Residents enjoy the local arts scene and year-round events such as summer concerts and farmers’ markets. With its mix of small-town charm and upscale living, Avon appeals to nature lovers and outdoor enthusiasts.
9. Gypsum
Median Sale Price: $1,043,000
Homes for sale in Gypsum
For a laid-back atmosphere with easy access to Vail Valley’s top-notch amenities, consider Gypsum as your next home. This small town is renowned for its golf courses, riverside parks, and expansive mountain views. Its tranquil neighborhoods feature spacious homes with large yards, ideal for those seeking peace and quiet. Gypsum’s proximity to outdoor activities like fishing, hiking, and skiing makes it a haven for adventurers. If you’re looking for a relaxed mountain lifestyle away from the hustle and bustle, Gypsum is a compelling choice.
8. Applewood
Median Sale Price: $1,324,000
Homes for sale in Applewood
Applewood, a charming suburb just outside Denver, is known for its tree-lined streets and beautiful mid-century homes. With easy access to parks, bike trails, and golf courses, it’s an ideal town for outdoor enthusiasts. The local amenities include cozy cafes, artisan shops, and a welcoming atmosphere that exudes both sophistication and down-to-earth vibes. Residents appreciate the peaceful environment alongside the proximity to downtown Denver for dining, shopping, and cultural activities. Applewood seamlessly combines suburban comfort with Colorado’s signature outdoor lifestyle.
7. Genesee
Median Sale Price: $1,463,750
Homes for sale in Genesee
Situated in the foothills of the Rockies, Genesee offers awe-inspiring views and a tranquil escape from city life. This upscale mountain community showcases spacious homes with large decks, perfect for relishing the natural beauty. Residents can explore miles of hiking trails and spot local wildlife in Genesee Park, one of the area’s beloved landmarks. The town’s proximity to Denver offers convenience without compromising the serenity of mountain living. For homebuyers seeking a lavish retreat, Genesee delivers a charm that is hard to replicate.
6. Steamboat Springs
Median Sale Price: $1,525,000
Homes for sale in Steamboat Springs
Steamboat Springs, a picturesque mountain town renowned for world-class skiing and natural hot springs. Downtown Steamboat offers a blend of local eateries, boutique shops, and art galleries. Neighborhoods range from cozy condos near the slopes to expansive ranch-style homes with breathtaking views. Outdoor enthusiasts can indulge in year-round activities such as snowshoeing, mountain biking, and fly fishing on the Yampa River. Steamboat’s unique fusion of luxury and adventure makes it a top choice for homebuyers seeking a mountain retreat.
5. Edwards
Median Sale Price: $1,662,500
Homes for sale in Edwards
Edwards, a hidden gem in the Vail Valley, offers a relaxed yet upscale mountain lifestyle. The town boasts upscale dining options and convenient access to world-class skiing at Beaver Creek and Vail. Neighborhoods showcase luxury homes with sweeping mountain views and riverside properties along the Eagle River. Residents savor community events, farmers’ markets, and outdoor activities like hiking and kayaking.
4. Carbondale
Median Sale Price: $1,960,000
Homes for sale in Carbondale
The Roaring Fork Valley is home to Carbondale, CO, celebrated for its artistic ambiance and proximity to Aspen. Local attractions include the Mount Sopris hiking trails, charming Main Street, and a vibrant art scene. Carbondale offers a variety of homes, from modern designs to rustic mountain retreats, catering to diverse tastes. The town is a haven for food enthusiasts, with farm-to-table restaurants and craft breweries scattered throughout. Its blend of culture and outdoor adventure makes Carbondale an attractive option for those seeking an active, creative lifestyle.
3. Greenwood Village
Median Sale Price: $2,260,000
Homes for sale in Greenwood Village
Greenwood Village, a prestigious suburb south of Denver, known for its luxury homes and upscale amenities. The town boasts scenic parks, open spaces, and the Denver Tech Center, a hub for shopping, dining, and business. Neighborhoods showcase sprawling estates and modern homes with high-end finishes, appealing to those seeking elegance and space. Residents enjoy easy access to Denver while relishing the serene, suburban atmosphere. Greenwood Village is perfect for homebuyers seeking exclusivity and convenience.
2. Aspen
Median Sale Price: $3,150,000
Homes for sale in Aspen
A resort town synonymous with luxury, Aspen boasts some of the most exclusive real estate globally. The city is a premier skiing destination, with four nearby mountains catering to outdoor enthusiasts. Downtown Aspen features upscale boutiques, gourmet restaurants, and local cultural events like the renowned Aspen Music Festival. Homes in Aspen range from sleek condos in the city center to expansive mountain estates. Its fusion of world-class amenities and natural beauty makes Aspen a dream destination for homebuyers seeking the ultimate in upscale living.
1. Cherry Hills Village
Median Sale Price: $3,775,000
Homes for sale in Cherry Hills Village
At the top of the list, Cherry Hills Village epitomizes luxury living in Colorado, offering expansive estates and unmatched privacy. Here you’ll discover picturesque trails, private clubs, and meticulously landscaped properties. The community hosts elegant events and fosters a strong sense of connection among residents. Cherry Hills Village provides a luxurious lifestyle in one of Colorado’s most esteemed neighborhoods.
What are the wealthiest cities in Colorado?
Based on median household income, the wealthiest cities in Colorado are:
- Cherry Hills Village, CO ($250,001)
- Sterling Ranch, CO ($200,972)
- Stepping Stone, CO ($193,700)
- Genesee, CO ($159,327)
- Todd Creek, CO ($156,953)
Where are the most affordable places to live in Colorado?
Not every city in Colorado comes with a steep price tag. For affordable home prices and lower living costs, consider these budget-friendly cities:
- Dove Valley, CO ($168,000)
- Federal Heights, CO ($189,000)
- Brush, CO ($228,000)
- Pueblo, CO ($234,950)
- Four Square, CO ($235,000)
Methodology: Rankings based on median home sale price data sourced from Redfin.com during January 2025. Median household income sourced from U.S. Census Data.