Colorado Housing Market

Warm Market

Housing market data and trends for Colorado. Track median prices, inventory, days on market, and competition metrics for real estate investors.

Data period: March 2026

Median Sale Price

$604K

2.3% YoY

Days on Market

45 days

4.7% YoY

Active Inventory

25,180

1.4% YoY

Homes Sold

6,559

3.7% YoY

Warm Market

The market is active with moderate buyer demand.

Colorado Market Summary

The Colorado housing market is heating up. As of March 2026, the median home sale price is $604K, down 2.3% year-over-year. Homes are spending a median of 45 days on the market, 4.7% longer than a year ago.

There are 25,180 homes for sale — 1.4% more than last year. With 3.8 months of supply, this is a seller's market. 11,871 new listings were added during this period, down 1.4% year-over-year.

Homes are selling for 98.6% of their list price on average, suggesting room for negotiation. 23.2% of homes sell above their asking price. 30.7% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

62

Contributing Factors

Months of Supply 3.8
Days on Market 45
Price Drops 30.7%
Sale-to-List Ratio 98.6%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $437K) 38.4%
Days on Market (National: 55) 18.2%
Inventory (National: 1,314,690) 98.1%

Investor Takeaway

A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 38% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.

Colorado Market Trends

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Detailed Market Metrics

Median List Price

$602K

Price per Sq Ft

$275

Sale-to-List Ratio

98.6%

Months of Supply

3.8

Sold Above List

23.2%

Price Drops

30.7%

New Listings

11,871

1.4% YoY

Pending Sales

10,213

Explore all top U.S. markets

Want a broader view beyond Colorado? Browse the national Top 100 housing markets ranked by homes sold to spot the most active markets right now.

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.