Market Report

Steamboat Springs, CO 80487

Single-Family Homes

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Steamboat Springs, CO 80487

Sun May 10 2026
This week the median list price for Steamboat Springs, CO 80487 is $3,400,000 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has increased to 78. 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

Home sales have been exceeding new inventory for several weeks. However because of excess inventory, prices have not yet stopped falling. Should the sales trend continue, expect prices to level off soon and potentially to resume their climb from there. Watch prices as the market transitions from a Buyer's market to a Seller's market.

Steamboat Springs, CO 80487

Sun May 10 2026
This week the median list price for Steamboat Springs, CO 80487 is $3,400,000 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has increased to 78. 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

Home sales have been exceeding new inventory for several weeks. However because of excess inventory, prices have not yet stopped falling. Should the sales trend continue, expect prices to level off soon and potentially to resume their climb from there. Watch prices as the market transitions from a Buyer's market to a Seller's market.

Real-Time Market Profile

Never miss important changes in the Steamboat Springs market.
Median List Price $3,400,000
Median Price of New Listings $3,750,000
Per Square Foot $938
Average Days on Market 161
Median Days on Market 84
Price Decreased 19%
Price Increased 1%
Relisted 5%
Inventory 78
Median Rent
Market Action 25
Slight Buyer's Advantage

This week prices in this zip code bumped up a bit but the trend of recent weeks is generally downward. Keep an eye on the Market Action Index for a leading indicator of the duration of this downtrend.

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
$7,837,500 5,762 2.5 - 5 acres 5 6.5 20 2 0 269
$3,995,000 4,364 0.25 - 0.5 acre 5 5 28 3 0 84
$2,622,500 2,804 0.5 - 1 acre 4 4 33 1 1 66
$1,600,000 2,000 6,500 - 8,000 sqft 3 3 22 3 4 35