Revolutionizing · Modernizing · Simplifying

Are home prices going up or down in Colorado?

Over the twelve months to Sep 2026 the median Colorado home went down 3.3% — $574,000 to $555,000 — while a square foot went down 2.4%.

The two measures agree this month, which means the movement is a price movement rather than a change in the kind of home selling. They do not always agree, and the gap is the thing to watch.

Here the median home that sold went from 2,021 square feet to 2,001, flat, within 1.0%. So Colorado is not quite as cheap as the headline price suggests — people bought a smaller home for about the same money.

Measured on 64,917 closed sales over the twelve complete calendar months to Sep 2026. The current month is deliberately left out: six days of a month sitting beside eleven full ones reads as a crash and is only a calendar.

-3.3%
Median price, year on year
-2.4%
Per square foot, year on year
-1.0%
Size of what sold
4.2 months
Supply at this pace

Every month, and every measure

The third column is the headline everyone quotes. The fourth is the one that does not move when the size of what sold changes, and the fifth is why they differ.

Twelve complete calendar months. Residential sales only; rentals, land, commercial and fractional co-ownership shares excluded.
Month closedHomes soldMedian pricePer square footMedian size (sq ft)Share of askingDays to sell
Oct 20255,705$574,000$2892,02199%73
Nov 20254,529$558,000$2831,99899%76
Dec 20255,151$550,000$2781,99399%84
Jan 20263,243$545,000$2782,00099%97
Feb 20264,410$552,250$2801,98199%82
Mar 20265,968$574,925$2892,007100%56
Apr 20266,488$575,000$2882,031100%53
May 20266,603$590,000$2912,040100%54
Jun 20266,662$590,000$2872,072100%56
Jul 20266,137$580,000$2862,066100%58
Aug 20265,172$570,000$2842,02899%65
Sep 20264,849$555,000$2822,00199%71

What moved with it

Price is one of four things worth watching, and the other three are on the same table above.

Sellers took a median 99% of their final asking price across the year, and 52.2% of homes sold below what they were asking. There are 22,666 homes on the market against 64,917 sales in the year, which is 4.2 months of supply at that pace — four to six months is the band usually called balanced, below it favours sellers and above it favours buyers.

Your town, not the state

A statewide median can be down while a particular town runs the other way for a whole year. Every town has its own live report.

Common questions

Are home prices going up or down in Colorado?

Over the last twelve complete months the median sale price was down 3.3%, from $574,000 in Oct 2025 to $555,000 in Sep 2026. Measured per square foot — which is the fairer comparison, because it does not move when the size of what sold changes — it was down 2.4%, from $289 to $282. That is 64,917 real closed sales, not a forecast and not a sample.

Why do those two numbers disagree?

They do not, this month — the price and the per-foot figure are moving together, which means the change is a price change rather than a change in what kind of home is selling. That is worth knowing, because the two often part company.

Is the Colorado housing market crashing?

Nothing in this data looks like one. Over twelve months the median sale price is down 3.3% and sellers are still getting a median 99% of their asking price. There are 22,666 homes for sale against 64,917 sold in a year, which is 4.2 months of supply — four to six months is the range usually called balanced. We would tell you if it were otherwise; every number here comes off the same feed whichever way it points.

How long are homes taking to sell now?

A median of 71 days in Sep 2026 against 73 days a year earlier. That is signature to settlement, so it includes the weeks under contract after an offer is accepted, and it moves hard with the season — read the column, not the last row.

What does this NOT tell me?

Three things, and they matter. It is what CLOSED, so it lags what is being agreed today by roughly the time it takes to close. It stops at the last complete calendar month, deliberately — a part-month sits next to full ones and reads as a collapse. And a statewide median is not your street: a single town, or one neighbourhood inside it, can move the other way from the state all year. The town and neighbourhood pages on this site are where that lives.

Is it a good time to buy or sell?

That is a judgement, and the honest version of it depends on numbers this page does not have — what you are borrowing at, how long you will hold, what your own home is worth. What the data supports is narrower and more useful: prices are down 3.3% year on year, a square foot is cheaper than a year ago, and there is 4.2 months of supply. We would rather give you that than an opinion dressed as a fact.

What your own home did, not the state

A statewide median is a headline. We will work out what has actually happened to homes like yours, on your street, from the same feed these figures come from.

Get your numbers

Where these numbers come from

Every figure on this page is measured from our live MLS feed and recomputed every fifteen minutes - it is not a monthly snapshot, and the moment these figures were worked out is stamped at the foot of the page. Sales figures cover residential sales only, over the last twelve complete calendar months; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort every median. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.

Each month is the median of the homes that CLOSED in that calendar month, so the series lags agreed prices by roughly the length of a closing. Price per square foot is the median of each sale’s own price divided by its own floor area — never the median price divided by the median area, which is a different and worse number. The year-on-year figures compare the first and last months of the table; a single month’s median over a few thousand sales carries real noise, so a move under 1% is reported as flat rather than dressed up as a trend.

People ask these next

All 21 Colorado answers

These figures were worked out from the live MLS feed at October 27, 2026 at 8:48 AM Mountain time, and are recomputed every fifteen minutes.