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Town comparisons › Palmer Lake vs Peyton

Palmer Lake vs Peyton

Palmer Lake and Peyton are both in El Paso County. There are 11 homes for sale in Palmer Lake and 87 in Peyton as this page loaded. Peyton is the more expensive of the two: a median asking price of $620,000 against $579,000 in Palmer Lake, about 7% higher. Homes are moving faster in Palmer Lake — a median of 48 days on market against 74 in Peyton. On months of supply both are a balanced market right now.

Side by side

MeasurePalmer LakePeyton
Homes for sale1187
New in last 30 days214
Median asking price$579,000$620,000
Median price per sq ft$333$209
Median size (sq ft)2,2113,090
Median bedrooms34
Median days on market4874
Months of supply4.04.4
Sold, last 12 months33236
Median sold price$608,000$531,835
Median days to sell8082
Sold vs asking price99.0%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

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.
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.

Palmer Lake

11
Homes for sale
$579,000
Median asking price
$333
Median per sq ft
48
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 Palmer Lake or Peyton more expensive?

Peyton is more expensive. The median asking price is $620,000 in Peyton against $579,000 in Palmer Lake. By price per square foot, Palmer Lake runs $333 and Peyton $209.

Which moves faster, Palmer Lake or Peyton?

Homes for sale in Palmer Lake have been on the market a median of 48 days, against 74 days in Peyton. Of the homes that actually closed in the last twelve months, Palmer Lake took a median of 80 days and Peyton 82.

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

Palmer Lake is a balanced market and Peyton is a balanced market, measured on months of supply — 4.0 months in Palmer Lake 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 Palmer Lake and Peyton?

There are 11 homes for sale in Palmer Lake and 87 in Peyton as this page loaded, 2 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.