The typical owner-occupied home in Nunn is worth about $348,700, 35% below the Colorado median of $539,400 and 5% above the national median of $332,700. Owners pay a median $1,294 a year in property taxes, about 0.37% of their home's value, lower than the Colorado rate of 0.48%. The median household earns $111,875 a year, so the median home costs 3.1 times the median income (5.6 times for Colorado). 98% of occupied homes here are lived in by their owners, and 67% of those owners still have a mortgage.
Nunn at a glance
| Nunn | Colorado | U.S. | |
|---|---|---|---|
| Median home value | $348,700 | $539,400 | $332,700 |
| Median property tax paid per year | $1,294 | $2,602 | $3,119 |
| Property tax as a share of value | 0.37% | 0.48% | 0.94% |
| Median household income | $111,875 | $95,470 | $80,734 |
| Homes lived in by their owners | 98% | 66% | 65% |
| Owner homes with a mortgage | 67% | 69% | 61% |
| Median monthly costs, owners with a mortgage | $1,578 | $2,326 | $1,963 |
| Those costs as a share of the owners' income | 21.7% | 22.1% | 21.0% |
| Median rent | – | $1,761 | $1,413 |
| Median year homes were built | 1968 | 1988 | 1980 |
| Vacant homes | 12.6% | 8.3% | 10.1% |
| Population | 358 | 5,862,189 | 334,922,499 |
What a typical home costs per month in Nunn
At this week's average 30-year rate of 7.11%, buying the median Nunn home of $348,700 with 20% down costs about $2,129 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,710, 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 $91,260 for the 20%-down payment. That payment is 23% of the median Nunn household income of $111,875; at that income and 20% down, the 28% guideline points to a home of about $427,000.
| Down payment | $69,740 |
|---|---|
| Loan amount | $278,960 |
| Principal and interest | $1,877 |
| Property taxes (0.37% a year) | $108 |
| Homeowners insurance (our estimate, 0.5% a year) | $145 |
| PMI | $0 |
| Total per month | $2,129 |
Change the numbers in the calculator
| Down payment | $12,204 |
|---|---|
| Loan amount | $342,384 |
| Principal and interest | $2,303 |
| Property taxes (0.37% a year) | $108 |
| Homeowners insurance (our estimate, 0.5% a year) | $145 |
| FHA mortgage insurance | $154 |
| Total per month | $2,710 |
Change the numbers in the calculator
Questions about home buying in Nunn
What is the median home value in Nunn?
About $348,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Nunn?
Homeowners pay a median $1,294 a year, which is about 0.37% 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 Nunn?
For the median home with 20% down at 7.11%, the payment is about $2,129 a month. Keeping that under 28% of gross income takes about $91,260 a year.
More about Nunn
- Mortgage Refinance in Nunn
- Debt Relief in Nunn
- Home Equity Loans in Nunn
- 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