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Buying a home in Walsh, Colorado

The typical owner-occupied home in Walsh is worth about $85,000, 84% below the Colorado median of $539,400 and 74% below the national median of $332,700. Owners pay a median $571 a year in property taxes, about 0.67% of their home's value, higher than the Colorado rate of 0.48%. The median household earns $24,196 a year, so the median home costs 3.5 times the median income (5.6 times for Colorado). 57% of occupied homes here are lived in by their owners, and 23% of those owners still have a mortgage.

Walsh at a glance

Walsh Colorado U.S.
Median home value $85,000 $539,400 $332,700
Median property tax paid per year $571 $2,602 $3,119
Property tax as a share of value 0.67% 0.48% 0.94%
Median household income $24,196 $95,470 $80,734
Homes lived in by their owners 57% 66% 65%
Owner homes with a mortgage 23% 69% 61%
Median monthly costs, owners with a mortgage $1,219 $2,326 $1,963
Those costs as a share of the owners' income 16.4% 22.1% 21.0%
Median rent $566 $1,761 $1,413
Rent as a share of renters' income 29.2% 31.4% 30.6%
Median year homes were built 1980 1988 1980
Vacant homes 21.5% 8.3% 10.1%
Population 492 5,862,189 334,922,499

What a typical home costs per month in Walsh

At this week's average 30-year rate of 7.11%, buying the median Walsh home of $85,000 with 20% down costs about $540 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $682, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $23,157 for the 20%-down payment. That payment is 27% of the median Walsh household income of $24,196; at that income and 20% down, the 28% guideline points to a home of about $89,000.

The median rent here is $566 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$17,000
Loan amount$68,000
Principal and interest$457
Property taxes (0.67% a year)$47
Homeowners insurance (our estimate, 0.5% a year)$35
PMI$0
Total per month$540

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3.5% down, 30-year FHA loan
Down payment$2,975
Loan amount$83,460
Principal and interest$561
Property taxes (0.67% a year)$47
Homeowners insurance (our estimate, 0.5% a year)$35
FHA mortgage insurance$38
Total per month$682

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Questions about home buying in Walsh

What is the median home value in Walsh?

About $85,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Walsh?

Homeowners pay a median $571 a year, which is about 0.67% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Walsh?

For the median home with 20% down at 7.11%, the payment is about $540 a month. Keeping that under 28% of gross income takes about $23,157 a year.

More about Walsh

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data