Market Report

Steamboat Springs, CO 80487

Single-Family Homes

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Steamboat Springs, CO 80487

Fri Jul 11 2025
This week the median list price for Steamboat Springs, CO 80487 is $3,087,500 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has held steady at or around 100. Click here to stay informed with the Steamboat Springs market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

The market has been cooling in recent weeks. Since this is a Buyer's market where there is excess inventory to satisfy the demand levels, prices have also been moving lower.

Steamboat Springs, CO 80487

Fri Jul 11 2025
This week the median list price for Steamboat Springs, CO 80487 is $3,087,500 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has held steady at or around 100. Click here to stay informed with the Steamboat Springs market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

The market has been cooling in recent weeks. Since this is a Buyer's market where there is excess inventory to satisfy the demand levels, prices have also been moving lower.

Real-Time Market Profile

Never miss important changes in the Steamboat Springs market.
Median List Price $3,087,500
Median Price of New Listings $3,850,000
Per Square Foot $906
Average Days on Market 114
Median Days on Market 42
Price Decreased 28%
Price Increased 0%
Relisted 9%
Inventory 100
Median Rent
Market Action 28
Slight Buyer's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$8,900,000 6,158 5 - 10 acres 5 5.5 22 2 0 126
$4,385,000 4,205 0.5 - 1 acre 4 4.5 24 1 1 91
$2,200,000 2,676 0.5 - 1 acre 4 3 38 2 0 35
$1,425,600 1,971 8,000 - 10,000 sqft 3 2.5 26 0 2 42