Grand Junction, CO metro area Housing Market

Cool Market

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

Data period: March 2026

Median Sale Price

$413K

3.1% YoY

Days on Market

40 days

2.6% YoY

Active Inventory

649

19.1% YoY

Homes Sold

220

8.3% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Grand Junction, CO metro area Market Summary

The Grand Junction, CO metro area housing market is cooling down. As of March 2026, the median home sale price is $413K, up 3.1% year-over-year. Homes are spending a median of 40 days on the market, 2.6% longer than a year ago.

There are 649 homes for sale — 19.1% more than last year. With 3.0 months of supply, this is a seller's market. 358 new listings were added during this period, up 16.6% year-over-year.

Homes are selling for 98.4% of their list price on average, suggesting room for negotiation. 13.6% of homes sell above their asking price. 30.2% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

67

Contributing Factors

Months of Supply 3.0
Days on Market 40
Price Drops 30.2%
Sale-to-List Ratio 98.4%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $437K) 5.5%
Days on Market (National: 55) 27.3%
Inventory (National: 1,314,690) 100.0%

vs. Colorado Median

Median Price (Colorado: $604K) 31.7%
Days on Market (Colorado: 45) 11.1%

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.

Grand Junction, CO metro area Market Trends

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Detailed Market Metrics

Median List Price

$460K

Price per Sq Ft

$274

Sale-to-List Ratio

98.4%

Months of Supply

3.0

Sold Above List

13.6%

Price Drops

30.2%

New Listings

358

16.6% YoY

Pending Sales

283

Off Market in 2 Weeks

35.7%

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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.