Craig, CO metro area Housing Market

Cool Market

Comprehensive housing market data for the Craig, CO metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$295K

46.0% YoY

Days on Market

38 days

24.0% YoY

Active Inventory

44

21.4% YoY

Homes Sold

11

57.1% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Craig, CO metro area Market Summary

The Craig, CO metro area housing market is cooling down. As of January 2026, the median home sale price is $295K, up 46.0% year-over-year. Homes are spending a median of 38 days on the market, 24.0% shorter than a year ago.

There are 44 homes for sale — 21.4% fewer than last year. With 4.0 months of supply, this is a balanced market. 15 new listings were added during this period, up 36.4% year-over-year.

Homes are selling for 98.0% of their list price on average, suggesting room for negotiation. 18.2% of homes sell above their asking price. 27.3% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

67

Contributing Factors

Months of Supply 4.0
Days on Market 38
Price Drops 27.3%
Sale-to-List Ratio 98.0%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $423K) 30.2%
Days on Market (National: 66) 42.4%
Inventory (National: 1,210,379) 100.0%

vs. Colorado Median

Median Price (Colorado: $592K) 50.2%
Days on Market (Colorado: 80) 52.5%

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 30% below the national median, which could indicate stronger cash flow potential.

Craig, CO metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$280K

Price per Sq Ft

$159

Sale-to-List Ratio

98.0%

Months of Supply

4.0

Sold Above List

18.2%

Price Drops

27.3%

New Listings

15

36.4% YoY

Pending Sales

10

Off Market in 2 Weeks

20.0%

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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.