Steamboat Springs, CO Housing Market
Cold MarketMetro-level monthly sale metrics for rental investors — prices, inventory, pace, and negotiation signals. Figures represent the Steamboat Springs, CO metro area.
Data period: May 2026
Market snapshot
- Median sale price
- $1.55M
- Median days on market
- 119 days
- Months of supply
- 7.4
- Active inventory
- 369
- Homes sold
- 50
- Sale-to-list ratio
- 95.7%
- Listings with price drop
- 20.3%
- 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
- Cooling
- Buyer leverage
- High
- Pricing signal vs. U.S. median
- Harder buy-in vs. U.S. median (price only)
- Investor fit (heuristic)
- Negotiation
Watch-outs
- High median sale prices raise buy-in and tighten margin for error.
- Slower sales (longer days on market) can mean more time to diligence — but also weaker demand.
- Higher months of supply usually improves buyer leverage on price and terms.
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.
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Steamboat Springs, CO market summary
The Steamboat Springs, CO metro area housing market is cooling down. As of May 2026, the median home sale price is $1.55M, up 75.5% year-over-year. Homes are spending a median of 119 days on the market, 310.3% longer than a year ago.
There are 369 homes for sale — 5.7% more than last year. With 7.4 months of supply, this is a buyer's market. 117 new listings were added during this period, down 19.3% year-over-year.
Homes are selling for 95.7% of their list price on average, suggesting room for negotiation. 10.0% of homes sell above their asking price. 20.3% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
88
Contributing Factors
How This Market Compares
vs. National Median
vs. Colorado Median
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 244% above the national median. Model rent-to-price and expenses carefully before assuming cash flow.
Steamboat Springs, CO market trends
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Detailed market metrics
Median list price
$1.10M
Price per sq ft
$762
Sale-to-list ratio
95.7%
Months of supply
7.4
Sold above list
10.0%
Price drops
20.3%
New listings
117
↓ 19.3% YoY
Pending sales
62
Off market in 2 weeks
37.1%
Steamboat Springs, CO housing market FAQs
What is the median home price in Steamboat Springs, CO?
For the latest published month, the median sale price in Steamboat Springs, CO is $1.55M. Median means half of homes sold above that price and half below — it is a useful benchmark, not a rule for every listing.
Is Steamboat Springs, CO a buyer's or seller's market?
With about 7.4 months of supply, conditions often favor buyers (inventory is relatively high versus sales pace). That can mean more time to negotiate and compare listings.
How long do homes stay on the market in Steamboat Springs, CO?
For the latest published month, the median days on market in Steamboat Springs, CO is 119 days — half of homes went pending faster and half slower.
Is Steamboat Springs, CO good for rental property investors?
Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. Steamboat Springs, CO 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 Steamboat Springs, CO?
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 Steamboat Springs, CO deals.
Compare more Colorado metro markets
Explore nearby sale-market pace and pricing, then run a shortlist through the rental property calculator.
Denver, CO
$610K · 21d on market
Fort Collins, CO
$565K · 56d on market
Greeley, CO
$495K · 50d on market
Boulder, CO
$750K · 42d on market
Grand Junction, CO
$428K · 29d on market
Pueblo, CO
$313K · 63d on market
Breckenridge, CO
$1.24M · 48d on market
Glenwood Springs, CO
$735K · 37d on market
National context
Step up to the U.S. housing market hub for national trends, then browse top metro markets by sales activity.
Underwrite a Steamboat Springs, CO deal with real numbers
Use Will It Flow for cash flow, DSCR, cap rate, and cash-on-cash return — free and fast.
Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.