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Town comparisons › Empire vs Idaho Springs

Empire vs Idaho Springs

Empire and Idaho Springs are both in Clear Creek County. There are 8 homes for sale in Empire and 33 in Idaho Springs as this page loaded. Empire is the more expensive of the two: a median asking price of $824,500 against $579,000 in Idaho Springs, about 42% higher. Homes are moving faster in Idaho Springs — a median of 101 days on market against 130 in Empire. On months of supply both are a buyer's market right now.

Side by side

MeasureEmpireIdaho Springs
Homes for sale833
New in last 30 days08
Median asking price$824,500$579,000
Median price per sq ft$319$318
Median size (sq ft)2,0281,818
Median bedrooms33
Median days on market130101
Months of supply32.06.5
Sold, last 12 months361
Median sold price$550,000$535,000
Median days to sell3680
Sold vs asking price100.0%98.0%

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

Empire 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.
Idaho Springs 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.

Empire

8
Homes for sale
$824,500
Median asking price
$319
Median per sq ft
130
Median days on market

Idaho Springs

33
Homes for sale
$579,000
Median asking price
$318
Median per sq ft
101
Median days on market

Look at either town on its own

Questions people ask

Is Empire or Idaho Springs more expensive?

Empire is more expensive. The median asking price is $824,500 in Empire against $579,000 in Idaho Springs. By price per square foot, Empire runs $319 and Idaho Springs $318.

Which moves faster, Empire or Idaho Springs?

Homes for sale in Idaho Springs have been on the market a median of 101 days, against 130 days in Empire. Of the homes that actually closed in the last twelve months, Empire took a median of 36 days and Idaho Springs 80.

Is Empire or Idaho Springs the better market for a buyer?

Empire is a buyer's market and Idaho Springs is a buyer's market, measured on months of supply — 32.0 months in Empire and 6.5 in Idaho Springs. More months of supply means more choice and more room to negotiate, so on that measure Empire 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 Empire and Idaho Springs?

There are 8 homes for sale in Empire and 33 in Idaho Springs as this page loaded, 0 and 8 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.