The two figures point in opposite directions, and that is the whole answer. A condo costs less because there is less of it - 1,096 square feet against 2,228 - not because the space itself is cheaper.
Measured across 65,742 Colorado sales, September 2025 to August 2026.
| Kind of home | Sold | Median price | Per sq ft | Median size | Time to sell | Beat asking |
|---|---|---|---|---|---|---|
| Single Family Residence | 53,047 | $615,000 | $284 | 2,228 | 63 days | 22.9% |
| Condominium | 6,583 | $337,500 | $301 | 1,096 | 79 days | 13.0% |
| Townhouse | 6,092 | $442,200 | $286 | 1,566 | 74 days | 17.1% |
If your budget is a total number, the condo buys you a home in a place a house at that price would not reach. If your budget is space, the house is the better value per foot and it is the one that sells faster when you come to leave - 63 days against 79, and houses beat their asking price 22.9% of the time against 13.0% for condos.
Neither of those is advice about your situation, and the figures above are the whole state. The gap between a condo and a house in one town can be nothing like the gap statewide, which is what the town pages are for.
Cheaper to buy, not cheaper per square foot. The median condo closed at $337,500 and the median single-family home at $615,000, but the condo was 1,096 square feet against 2,228. Per square foot that is $301 for the condo and $284 for the house.
Because you are largely paying for location and for the building, not for floor area. Condos cluster where land is dearest, and the price of the door does not shrink in proportion to the space behind it. The headline price is lower because there is less of it, which is a different thing from cheaper.
Yes. The median condo took 79 days from listing to closing against 63 for a single-family home, and condo sellers beat their asking price 13.0% of the time against 22.9% for houses.
A townhouse sits between the two on every measure: a median $442,200 at $286 per square foot over 1,566 square feet, taking 74 days.
The right answer depends on where you want to live and how long you plan to stay, and we would rather talk that through than sell you either one.
Get your numbersEvery figure on this page is recalculated from the live MLS feed at the moment the page loads - it is not a monthly snapshot. 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.
Price per square foot is the median of each individual sale’s own price-per-foot, not the median price divided by the median size - those are different numbers and the second one is wrong. Homes with no recorded floor area are excluded from the per-foot figures only.