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Town comparisons › Calhan vs Palmer Lake

Calhan vs Palmer Lake

Calhan and Palmer Lake are both in El Paso County. There are 28 homes for sale in Calhan and 11 in Palmer Lake as this page loaded. Palmer Lake is the more expensive of the two: a median asking price of $579,000 against $558,000 in Calhan, about 4% higher. Homes are moving faster in Palmer Lake — a median of 48 days on market against 95 in Calhan. Calhan is a buyer's market right now and Palmer Lake is a balanced market.

Side by side

MeasureCalhanPalmer Lake
Homes for sale2811
New in last 30 days42
Median asking price$558,000$579,000
Median price per sq ft$270$333
Median size (sq ft)2,1472,211
Median bedrooms43
Median days on market9548
Months of supply10.54.0
Sold, last 12 months3233
Median sold price$532,500$608,000
Median days to sell11280
Sold vs asking price100.0%99.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Calhan is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.
Palmer Lake is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.

Calhan

28
Homes for sale
$558,000
Median asking price
$270
Median per sq ft
95
Median days on market

Palmer Lake

11
Homes for sale
$579,000
Median asking price
$333
Median per sq ft
48
Median days on market

Look at either town on its own

Questions people ask

Is Calhan or Palmer Lake more expensive?

Palmer Lake is more expensive. The median asking price is $579,000 in Palmer Lake against $558,000 in Calhan. By price per square foot, Calhan runs $270 and Palmer Lake $333.

Which moves faster, Calhan or Palmer Lake?

Homes for sale in Palmer Lake have been on the market a median of 48 days, against 95 days in Calhan. Of the homes that actually closed in the last twelve months, Calhan took a median of 112 days and Palmer Lake 80.

Is Calhan or Palmer Lake the better market for a buyer?

Calhan is a buyer's market and Palmer Lake is a balanced market, measured on months of supply — 10.5 months in Calhan and 4.0 in Palmer Lake. More months of supply means more choice and more room to negotiate, so on that measure Calhan is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Calhan and Palmer Lake?

There are 28 homes for sale in Calhan and 11 in Palmer Lake as this page loaded, 4 and 2 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.