The typical owner-occupied home in Snowmass Village is worth about $1,729,900, 3.2 times the Colorado median of $539,400 and 5.2 times the national median of $332,700. Owners pay a median $6,842 a year in property taxes, about 0.40% of their home's value, lower than the Colorado rate of 0.48%. The median household earns $102,959 a year, so the median home costs 16.8 times the median income (5.6 times for Colorado). 61% of occupied homes here are lived in by their owners, and 56% of those owners still have a mortgage.
Snowmass Village at a glance
| Snowmass Village | Colorado | U.S. | |
|---|---|---|---|
| Median home value | $1,729,900 | $539,400 | $332,700 |
| Median property tax paid per year | $6,842 | $2,602 | $3,119 |
| Property tax as a share of value | 0.40% | 0.48% | 0.94% |
| Median household income | $102,959 | $95,470 | $80,734 |
| Homes lived in by their owners | 61% | 66% | 65% |
| Owner homes with a mortgage | 56% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $2,668 | $2,326 | $1,963 |
| Those costs as a share of the owners' income | 32.0% | 22.1% | 21.0% |
| Median rent | $2,042 | $1,761 | $1,413 |
| Rent as a share of renters' income | 27.0% | 31.4% | 30.6% |
| Median year homes were built | 1981 | 1988 | 1980 |
| Vacant homes | 41.0% | 8.3% | 10.1% |
| Population | 2,972 | 5,862,189 | 334,922,499 |
What a typical home costs per month in Snowmass Village
At this week's average 30-year rate of 7.11%, buying the median Snowmass Village home of $1,729,900 with 20% down costs about $10,607 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $13,767, 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 $454,592 for the 20%-down payment. That payment is 124% of the median Snowmass Village household income of $102,959; at that income and 20% down, the 28% guideline points to a home of about $392,000.
The median rent here is $2,042 a month, so owning the median home costs about $8,565 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $345,980 |
|---|---|
| Loan amount | $1,383,920 |
| Principal and interest | $9,310 |
| Property taxes (0.40% a year) | $577 |
| Homeowners insurance (our estimate, 0.5% a year) | $721 |
| PMI | $0 |
| Total per month | $10,607 |
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| Down payment | $60,546 |
|---|---|
| Loan amount | $1,698,567 |
| Principal and interest | $11,426 |
| Property taxes (0.40% a year) | $577 |
| Homeowners insurance (our estimate, 0.5% a year) | $721 |
| FHA mortgage insurance | $1,043 |
| Total per month | $13,767 |
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Questions about home buying in Snowmass Village
What is the median home value in Snowmass Village?
About $1,729,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Snowmass Village?
Homeowners pay a median $6,842 a year, which is about 0.40% 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 Snowmass Village?
For the median home with 20% down at 7.11%, the payment is about $10,607 a month. Keeping that under 28% of gross income takes about $454,592 a year.
More about Snowmass Village
- Mortgage Refinance in Snowmass Village
- Debt Relief in Snowmass Village
- Home Equity Loans in Snowmass Village
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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