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Town comparisons › Elbert vs Peyton

Elbert vs Peyton

Elbert and Peyton are both in El Paso County. There are 14 homes for sale in Elbert and 87 in Peyton as this page loaded. Elbert is the more expensive of the two: a median asking price of $1,124,950 against $620,000 in Peyton, about 81% higher. Homes are moving faster in Peyton — a median of 74 days on market against 86 in Elbert. On months of supply both are a balanced market right now.

Side by side

MeasureElbertPeyton
Homes for sale1487
New in last 30 days314
Median asking price$1,124,950$620,000
Median price per sq ft$410$209
Median size (sq ft)2,7623,090
Median bedrooms44
Median days on market8674
Months of supply3.74.4
Sold, last 12 months46236
Median sold price$700,000$531,835
Median days to sell10882
Sold vs asking price98.0%100.0%

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

Elbert 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.
Peyton 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.

Elbert

14
Homes for sale
$1,124,950
Median asking price
$410
Median per sq ft
86
Median days on market

Peyton

87
Homes for sale
$620,000
Median asking price
$209
Median per sq ft
74
Median days on market

Look at either town on its own

Questions people ask

Is Elbert or Peyton more expensive?

Elbert is more expensive. The median asking price is $1,124,950 in Elbert against $620,000 in Peyton. By price per square foot, Elbert runs $410 and Peyton $209.

Which moves faster, Elbert or Peyton?

Homes for sale in Peyton have been on the market a median of 74 days, against 86 days in Elbert. Of the homes that actually closed in the last twelve months, Elbert took a median of 108 days and Peyton 82.

Is Elbert or Peyton the better market for a buyer?

Elbert is a balanced market and Peyton is a balanced market, measured on months of supply — 3.7 months in Elbert and 4.4 in Peyton. More months of supply means more choice and more room to negotiate, so on that measure Peyton 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 Elbert and Peyton?

There are 14 homes for sale in Elbert and 87 in Peyton as this page loaded, 3 and 14 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.