The typical owner-occupied home in Avondale is worth about $164,100, 70% below the Colorado median of $539,400 and 51% below the national median of $332,700. Owners pay a median $1,085 a year in property taxes, about 0.66% of their home's value, higher than the Colorado rate of 0.48%. The median household earns $96,391 a year, so the median home costs 1.7 times the median income (5.6 times for Colorado). 96% of occupied homes here are lived in by their owners, and 76% of those owners still have a mortgage.
Avondale at a glance
| Avondale | Colorado | U.S. | |
|---|---|---|---|
| Median home value | $164,100 | $539,400 | $332,700 |
| Median property tax paid per year | $1,085 | $2,602 | $3,119 |
| Property tax as a share of value | 0.66% | 0.48% | 0.94% |
| Median household income | $96,391 | $95,470 | $80,734 |
| Homes lived in by their owners | 96% | 66% | 65% |
| Owner homes with a mortgage | 76% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $1,298 | $2,326 | $1,963 |
| Those costs as a share of the owners' income | 16.0% | 22.1% | 21.0% |
| Median rent | – | $1,761 | $1,413 |
| Median year homes were built | 1961 | 1988 | 1980 |
| Vacant homes | 0.0% | 8.3% | 10.1% |
| Population | 338 | 5,862,189 | 334,922,499 |
What a typical home costs per month in Avondale
At this week's average 30-year rate of 7.11%, buying the median Avondale home of $164,100 with 20% down costs about $1,042 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,315, 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 $44,647 for the 20%-down payment. That payment is 13% of the median Avondale household income of $96,391; at that income and 20% down, the 28% guideline points to a home of about $354,000.
| Down payment | $32,820 |
|---|---|
| Loan amount | $131,280 |
| Principal and interest | $883 |
| Property taxes (0.66% a year) | $90 |
| Homeowners insurance (our estimate, 0.5% a year) | $68 |
| PMI | $0 |
| Total per month | $1,042 |
Change the numbers in the calculator
| Down payment | $5,744 |
|---|---|
| Loan amount | $161,128 |
| Principal and interest | $1,084 |
| Property taxes (0.66% a year) | $90 |
| Homeowners insurance (our estimate, 0.5% a year) | $68 |
| FHA mortgage insurance | $73 |
| Total per month | $1,315 |
Change the numbers in the calculator
Questions about home buying in Avondale
What is the median home value in Avondale?
About $164,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Avondale?
Homeowners pay a median $1,085 a year, which is about 0.66% 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 Avondale?
For the median home with 20% down at 7.11%, the payment is about $1,042 a month. Keeping that under 28% of gross income takes about $44,647 a year.
More about Avondale
- Mortgage Refinance in Avondale
- Debt Relief in Avondale
- Home Equity Loans in Avondale
- 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