If you want to buy a home in the state of Colorado, chances are, you are going to need a down payment. In 2024, you are going to need quite a chunk of change for a down payment too.

Voronoi has released data showing how much you will need on average for a down payment on a home state by state. Now, we are not surprised to see that Colorado ranks as one of the top states with the most expensive down payments to purchase a home in the United States. What did throw us for a loop is how much money you could need to be able to pull off purchasing a home in the state of Colorado.


According to Voronoi, the average down payment for a home in the state of Colorado is $75,300. Of course, that all depends on the type, price, and size of a home in the state of Colorado. Colorado ranked as the seventh most expensive state in the nation when it comes to down payments on homes.

K99 logo
Get our free mobile app

Massachusetts, California, Washington, Florida, Hawaii, and Washington D.C. all ranked more expensive than the state of Colorado. Washington D.C. was the most expensive with an average down payment of $98,700.

Not every state in the nation is as expensive, however. Head into the deep south and the prices seem much more reasonable. Alabama's average price for a down payment on a home is $8,800. Head to the west in Mississippi and the average price for a down payment on a home is the cheapest in the nation. Mississippi's average down payment is only $5,800.

To see the average down payment prices of homes by state, visit voronoiapp.com.

Take a Look Inside This Fort Collins Home on Hinkley Lake

Listed at $3.45 million, this Fort Collins home has five bedrooms, four and a half bathrooms, and more than 5,200 square feet of living space on 10 acres of land.

Gallery Credit: Matt Sparx

These are the 5 Most Expensive Homes for Currently for Sale in Colorado

All of these homes are located in or near the town of Aspen, Colorado. Take a look inside of the most expensive homes currently for sale in the state of Colorado.

Gallery Credit: Matt Sparx


More From K99