Greeley housing market

Strong buyer's marketGreeley, CO metro areaData through Sep 2026
Typical home value
$488K
▼ 2.0% 1 yr
Typical rent
$1,685/mo
▲ 1.0% 1 yr
12-month forecast
−0.5%
#492 of 546 metros
Gross rent yield
4.1%
#496 of 546 · U.S. 6.3%
Days to pending
53 days
▼ −4 days 1 yr
Listings with a price cut
37%
▲ +5.9 pts 1 yr

Key takeaways

  • 1The typical home is worth $488,298, down 2.0% in a year and up 5% over five years.
  • 2Zillow forecasts home values falling 0.5% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,685/mo (+1.0% YoY), a 4.1% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $2,683/mo in principal and interest, $998 more than renting.
  • 5Homes go under contract in 53 days (−4 days vs last year); 37% of listings have had a price cut.
Market temperature
Strong buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 24/100, #505 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $488K
$317K$382K$448K$514K2016201920222025
Typical monthly rent
Latest $1,685
$1,165$1,326$1,488$1,6492016201920222025

How fast homes are selling

Days to go under contract
Latest 53
1637598020182020202220242026
Share of listings with a price cut
Latest 36.9%
7.1%16.4%25.6%34.8%20182020202220242026
Homes for sale vs new listings
Latest 1,661
For saleNew listings
3327881,2441,70020182020202220242026
Share of homes sold above list price
Latest 25.4%
23.5%39.7%55.8%72.0%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $128K
To buy (20% down)To rent
$52K$78K$105K$132K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Greeley compares

MeasureGreeleyUnited StatesRank of 546
Home value, 1-yr change−2.0%+1.2%#523
Home value, 5-yr change+5.1%+19.7%
12-month forecast−0.5%+1.1%#492
Rent, 1-yr change+1.0%+2.7%#480
Gross rent yield4.1%6.3%#496
Price-to-rent ratio24.115.8
Mortgage P&I on typical home$2,683$2,012
Income needed to buy$128,368$100,902
Days to pending5356

Cities in the Greeley metro

5 cities with home value and rent data.

Greeley$413K▼ 1.2%$1,454▼ 0.2%4.2%
Erie$717K▼ 1.1%$2,776▲ 5.6%4.6%
Windsor$575K▼ 1.2%$2,222▲ 1.5%4.6%
Evans$389K▼ 0.9%$1,747▲ 4.2%5.4%
Johnstown$499K▼ 3.0%$1,993▲ 2.4%4.8%

Run the numbers

Other Colorado metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.