Total monthly cost of ownership
Cost to Own a Home in Castle Pines Village, Colorado
A $1,260,000 home here costs
$8,809per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $6,478. The real number is $2,331 higher every month — 36% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Castle Pines Village against Douglas County and Colorado
| Measure | Castle Pines Village | Douglas County |
|---|---|---|
| Median home value | $1,260,200 | $674,000 |
| Median property tax | $8,426 | $3,707 |
| Effective tax rate | 0.669% | 0.550% |
| Median gross rent | — | $2,095 |
| Population | 4,441 | 368,283 |
The weather behind that power bill
Castle Pines Village sits in Douglas County, which averages a high of 85.7°F in its hottest month and a low of 18.0°F in its coldest, with 17.6" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 498 cooling and 6,103 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Douglas County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Douglas County
Full Douglas County cost breakdown · Every county in Colorado
Common questions
How much does it cost to own a home in Castle Pines Village?
A $1,260,000 home in Castle Pines Village, Colorado costs approximately $8,809 per month with 20% down at 6.66%. That is $6,478 principal and interest, $702 property tax, $365 homeowners insurance, $213 utilities and $1,050 set aside for maintenance.
What is the property tax rate in Castle Pines Village?
Castle Pines Village has an effective property tax rate of 0.669%, based on a median home value of $1,260,200 and median real estate taxes of $8,426. That is higher than the Douglas County average of 0.550%.
What is the average home price in Castle Pines Village?
The median owner-occupied home value in Castle Pines Village, Colorado is $1,260,200, against $674,000 across Douglas County.
Is it cheaper to rent or buy in Castle Pines Village?
Rent data is not published for Castle Pines Village at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Castle Pines Village — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Colorado.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.