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Buying a home in Indian Hills, Colorado

The typical owner-occupied home in Indian Hills is worth about $789,200, 46% above the Colorado median of $539,400 and 2.4 times the national median of $332,700. Owners pay a median $3,366 a year in property taxes, about 0.43% of their home's value, lower than the Colorado rate of 0.48%. The median household earns $178,980 a year, so the median home costs 4.4 times the median income (5.6 times for Colorado). 91% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.

Indian Hills at a glance

Indian Hills Colorado U.S.
Median home value $789,200 $539,400 $332,700
Median property tax paid per year $3,366 $2,602 $3,119
Property tax as a share of value 0.43% 0.48% 0.94%
Median household income $178,980 $95,470 $80,734
Homes lived in by their owners 91% 66% 65%
Owner homes with a mortgage 70% 69% 61%
Median monthly costs, owners with a mortgage $2,477 $2,326 $1,963
Those costs as a share of the owners' income 18.8% 22.1% 21.0%
Median rent – $1,761 $1,413
Median year homes were built 1971 1988 1980
Vacant homes 12.1% 8.3% 10.1%
Population 986 5,862,189 334,922,499

What a typical home costs per month in Indian Hills

At this week's average 30-year rate of 7.11%, buying the median Indian Hills home of $789,200 with 20% down costs about $4,859 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $6,300, 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 $208,236 for the 20%-down payment. That payment is 33% of the median Indian Hills household income of $178,980; at that income and 20% down, the 28% guideline points to a home of about $678,000.

20% down, 30-year conventional loan
Down payment$157,840
Loan amount$631,360
Principal and interest$4,247
Property taxes (0.43% a year)$283
Homeowners insurance (our estimate, 0.5% a year)$329
PMI$0
Total per month$4,859

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3.5% down, 30-year FHA loan
Down payment$27,622
Loan amount$774,906
Principal and interest$5,213
Property taxes (0.43% a year)$283
Homeowners insurance (our estimate, 0.5% a year)$329
FHA mortgage insurance$476
Total per month$6,300

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Questions about home buying in Indian Hills

What is the median home value in Indian Hills?

About $789,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Indian Hills?

Homeowners pay a median $3,366 a year, which is about 0.43% 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 Indian Hills?

For the median home with 20% down at 7.11%, the payment is about $4,859 a month. Keeping that under 28% of gross income takes about $208,236 a year.

More about Indian Hills

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