Colorado (CO) housing market
Cool MarketStatewide monthly sale-market indicators for rental investors — not a substitute for local rent comps, taxes, or insurance, but a fast read on price level, pace, and negotiation pressure.
Data period: May 2026
Market snapshot
- Median sale price
- $617K
- Median days on market
- 35 days
- Months of supply
- 4.2
- Active inventory
- 29,533
- Homes sold
- 7,115
- Sale-to-list ratio
- 98.8%
- Listings with price drop
- 33.9%
- Data month
- May 2026
Pair this view with the rental property calculator, DSCR calculator, and cap rate calculator — or browse all calculators.
Rental Investor Snapshot
Labels below come from monthly sale-market indicators only. True cash flow requires local rent, taxes, insurance, vacancy, and expense assumptions — model those in the rental calculator, then sanity-check against sale-speed signals here.
- Market temperature
- Balanced
- Buyer leverage
- High
- Pricing signal vs. U.S. median
- Harder buy-in vs. U.S. median (price only)
- Investor fit (heuristic)
- Negotiation
Watch-outs
- Elevated price cuts can signal negotiation room — verify condition, rents, and comps street-by-street.
Suggested next step: Run a rental property analysis with your own rent, financing, vacancy, and expense assumptions — then sanity-check against this market's sale-speed and negotiation signals.
Cool Market
Buyer activity is slowing, creating more negotiating room.
Colorado market summary
The Colorado housing market is cooling down. As of May 2026, the median home sale price is $617K, up 1.3% year-over-year. Homes are spending a median of 35 days on the market, 9.4% longer than a year ago.
There are 29,533 homes for sale — 8.2% fewer than last year. With 4.2 months of supply, this is a balanced market. 12,072 new listings were added during this period, down 15.7% year-over-year.
Homes are selling for 98.8% of their list price on average, suggesting room for negotiation. 23.9% of homes sell above their asking price. 33.9% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
72
Contributing Factors
How This Market Compares
vs. National Median
Investor takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 37% above the national median. Model rent-to-price and expenses carefully before assuming cash flow.
Colorado market trends
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Detailed market metrics
Median list price
$621K
Price per sq ft
$285
Sale-to-list ratio
98.8%
Months of supply
4.2
Sold above list
23.9%
Price drops
33.9%
New listings
12,072
↓ 15.7% YoY
Pending sales
9,408
Colorado housing market FAQs
What is the median home price in Colorado?
For the latest published month, the median sale price in Colorado is $617K. Median means half of homes sold above that price and half below — it is a useful benchmark, not a rule for every listing.
Is Colorado a buyer's or seller's market?
With about 4.2 months of supply, the market is often closer to balanced — neither extreme scarcity nor extreme surplus.
How long do homes stay on the market in Colorado?
For the latest published month, the median days on market in Colorado is 35 days — half of homes went pending faster and half slower.
Is Colorado good for rental property investors?
Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. Colorado can still work for rentals if the numbers work on a deal-by-deal basis — use local rent comps, financing, vacancy, and expenses in the rental property calculator.
How should investors analyze a rental property in Colorado?
Start with purchase price, financing, rent, vacancy, operating expenses, and capital repairs. Stress-test rates and rent. Will It Flow’s rental property calculator is built to translate those inputs into cash flow, DSCR, cap rate, and cash-on-cash return for Colorado deals.
Metro markets in Colorado
Open a metro for the same investor snapshot and trends, then run a shortlist through the DSCR calculator and cap rate calculator.
Denver, CO
$610K median · 21 days on market
Fort Collins, CO
$565K median · 56 days on market
Greeley, CO
$495K median · 50 days on market
Boulder, CO
$750K median · 42 days on market
Grand Junction, CO
$428K median · 29 days on market
Pueblo, CO
$313K median · 63 days on market
Breckenridge, CO
$1.24M median · 48 days on market
Glenwood Springs, CO
$735K median · 37 days on market
Edwards, CO
$1.27M median · 57 days on market
Durango, CO
$750K median · 32 days on market
Cañon City, CO
$372K median · 85 days on market
Montrose, CO
$490K median · 35 days on market
Steamboat Springs, CO
$1.55M median · 119 days on market
Fort Morgan, CO
$335K median · 50 days on market
Craig, CO
$323K median · 32 days on market
Sterling, CO
$306K median · 65 days on market
Colorado Springs, CO
N/A median · — days on market
More Colorado housing market data
Compare how Colorado fits nationally on the U.S. housing market overview, or browse the top 100 U.S. metro housing markets by sales activity.
New to underwriting? Read how much cash it takes to buy a rental in 2026 — then stress-test assumptions in the calculators above.
Underwrite a Colorado rental with real numbers
Cash flow, Cap Rate, DSCR, and cash-on-cash return — built for speed without skipping rigor.
Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.