The median home in Palmer Lake, Colorado is valued at $520,206, up 0.9% year over year. Palmer Lake is part of the Colorado Springs, CO metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$520,206

+0.9%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$104,041 on $520,206

Example: $75,000 household income. Change it above to see your own.

Out of reach48.8% of income

Need $130,800/yr to afford.

PITI$3,052

P/I48.8%

Afford$298K

Gap-$222K

P&I $2,630Tax $221Ins $200

6.50% 30yr, 20% down, county tax + CO ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Colorado

Compare Palmer Lake with other housing markets across Colorado.

Aspen$3.41M Cherry Hills Village$3.11M Snowmass Village$2.44M Telluride$2.22M Bow Mar$2.22M Mountain Village$2.03M Vail$1.72M Edwards$1.7M

Full Colorado Springs, CO analysis

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Palmer Lake, CO