Colorado Housing Market

Cold Market

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

Data period: January 2026

Median Sale Price

$592K

2.5% YoY

Days on Market

80 days

17.6% YoY

Active Inventory

21,680

0.7% YoY

Homes Sold

3,673

13.3% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Colorado Market Summary

The Colorado housing market is cooling down. As of January 2026, the median home sale price is $592K, down 2.5% year-over-year. Homes are spending a median of 80 days on the market, 17.6% longer than a year ago.

There are 21,680 homes for sale — 0.7% more than last year. With 5.9 months of supply, this is a balanced market. 8,036 new listings were added during this period, down 3.2% year-over-year.

Homes are selling for 97.6% of their list price on average, suggesting room for negotiation. 14.8% of homes sell above their asking price. 27.3% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

78

Contributing Factors

Months of Supply 5.9
Days on Market 80
Price Drops 27.3%
Sale-to-List Ratio 97.6%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 40.0%
Days on Market (National: 66) 21.2%
Inventory (National: 1,210,379) 98.2%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 40% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.

Colorado Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Sale-to-List Ratio

Listings with Price Drops

Detailed Market Metrics

Median List Price

$604K

Price per Sq Ft

$260

Sale-to-List Ratio

97.6%

Months of Supply

5.9

Sold Above List

14.8%

Price Drops

27.3%

New Listings

8,036

3.2% YoY

Pending Sales

6,838

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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.