Steamboat Springs, CO metro area Housing Market

Cold Market

Comprehensive housing market data for the Steamboat Springs, 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

$929K

0.7% YoY

Days on Market

133 days

224.4% YoY

Active Inventory

276

48.4% YoY

Homes Sold

28

3.4% YoY

Cold Market

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

Steamboat Springs, CO metro area Market Summary

The Steamboat Springs, CO metro area housing market is cooling down. As of January 2026, the median home sale price is $929K, down 0.7% year-over-year. Homes are spending a median of 133 days on the market, 224.4% longer than a year ago.

There are 276 homes for sale — 48.4% more than last year. With 9.9 months of supply, this is a buyer's market. 55 new listings were added during this period, down 14.1% year-over-year.

Homes are selling for 95.8% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 17.4% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

88

Contributing Factors

Months of Supply 9.9
Days on Market 133
Price Drops 17.4%
Sale-to-List Ratio 95.8%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 119.6%
Days on Market (National: 66) 101.5%
Inventory (National: 1,210,379) 100.0%

vs. Colorado Median

Median Price (Colorado: $592K) 56.8%
Days on Market (Colorado: 80) 66.3%

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. Prices are 120% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.

Steamboat Springs, 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

$1.52M

Price per Sq Ft

$720

Sale-to-List Ratio

95.8%

Months of Supply

9.9

Sold Above List

0.0%

Price Drops

17.4%

New Listings

55

14.1% YoY

Pending Sales

37

Off Market in 2 Weeks

21.6%

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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.