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Buying a home in Briggsdale, Colorado

The typical owner-occupied home in Briggsdale is worth about $269,100, 50% below the Colorado median of $539,400 and 19% below the national median of $332,700. Owners pay a median $533 a year in property taxes, about 0.20% of their home's value, lower than the Colorado rate of 0.48%. 77% of occupied homes here are lived in by their owners, and 30% of those owners still have a mortgage.

Briggsdale at a glance

Briggsdale Colorado U.S.
Median home value $269,100 $539,400 $332,700
Median property tax paid per year $533 $2,602 $3,119
Property tax as a share of value 0.20% 0.48% 0.94%
Median household income – $95,470 $80,734
Homes lived in by their owners 77% 66% 65%
Owner homes with a mortgage 30% 69% 61%
Median monthly costs, owners with a mortgage – $2,326 $1,963
Median rent $675 $1,761 $1,413
Rent as a share of renters' income 9.0% 31.4% 30.6%
Median year homes were built 1992 1988 1980
Vacant homes 0.0% 8.3% 10.1%
Population 88 5,862,189 334,922,499

What a typical home costs per month in Briggsdale

At this week's average 30-year rate of 7.11%, buying the median Briggsdale home of $269,100 with 20% down costs about $1,605 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,053, 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 $68,793 for the 20%-down payment.

The median rent here is $675 a month, so owning the median home costs about $930 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$53,820
Loan amount$215,280
Principal and interest$1,448
Property taxes (0.20% a year)$45
Homeowners insurance (our estimate, 0.5% a year)$112
PMI$0
Total per month$1,605

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3.5% down, 30-year FHA loan
Down payment$9,418
Loan amount$264,226
Principal and interest$1,777
Property taxes (0.20% a year)$45
Homeowners insurance (our estimate, 0.5% a year)$112
FHA mortgage insurance$119
Total per month$2,053

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Questions about home buying in Briggsdale

What is the median home value in Briggsdale?

About $269,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Briggsdale?

Homeowners pay a median $533 a year, which is about 0.20% 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 Briggsdale?

For the median home with 20% down at 7.11%, the payment is about $1,605 a month. Keeping that under 28% of gross income takes about $68,793 a year.

More about Briggsdale

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