Colorado Real Estate Market in 2021: Forecasts + Trends

Clever Real Estate

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Clever Real Estate

July 16th, 2021
Updated July 16th, 2021

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Colorado real estate trends

Real estate trends in Colorado | Sellers | Buyers | Investors | The best and worst of Colorado | Colorado resources

Colorado real estate trends (July 2021)

How is the real estate market in Colorado?
🏠 Average home value: $491,022
📈 2.14% home value increase month over month
💰 Median sale price: $527,000
⏳ 54 days on the market
🔑 Homes on the market: 10,205
📆 0.7 months of housing inventory
🏦 30-year mortgage rate: 2.93%
💵 Average income: $72,331
State of the market: A+
Colorado is a white-hot booming market, and a seller’s dream— rapidly appreciating home values, a healthy local economy, minuscule inventory, and overwhelming demand.
*Data last updated July 2021

With over 300 sunny days per year, Colorado is a perfect destination for anyone who loves the outdoors.

In fact, the Centennial State offers more than 17,000 trails for hiking and biking — not to mention the state's famous ski resorts.

For those who prefer city life, major cities including Denver and Colorado Springs offer plenty of restaurants, cultural events, and shopping.

If you're thinking of buying or selling in Colorado, these Colorado housing predictions and stats can help you make an informed decision.

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Selling a home in Colorado

Colorado real estate market forecast for sellers
⏰ Homes are selling 26 days faster than the annual average
💰 Homes are selling for $45,504 more than the annual average
💸 Average listing commission: 2.73%
💸 Average buyer's commission: 2.77%

How to sell a home in Colorado

Cost to sell a home in Colorado

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Buying a home in Colorado

How much home you can buy with $300,000 in...
🏠 Denver: 1,102 sq ft
🏡 Fort Collins: 1,314 sq ft
🏡 Colorado Springs: 1,491 sq ft
🏠 Boulder: 780 sq ft

Investing in Colorado real estate

Best of Colorado

Each month, we compare cities in Colorado based on different criteria. This month, we're looking at affordability and ranking the best cities in the state.

Most Affordable Cities in Colorado
1. Pueblo
2. Colorado Springs
3. Greeley
4. Grand Junction

Ready to buy a home in Colorado? Eligible buyers get cash back with Clever!

Worst of Colorado

Each month, we compare cities in Colorado based on a different criteria. This month we're looking at affordability data. These are the cities that ranked the worst in the state.

Least Affordable Cities in Colorado
1. Boulder
2. Fort Collins
3. Glenwood Springs
4. Denver-Aurora-Lakewood

Colorado resources

👋 Next Steps: Talk to an expert!

If you're weighing your options for buying or selling a house, Clever can help!

Our fully-licensed concierge team is standing by to answer questions and provide free, objective advice on getting the best outcome with your sale or purchase.

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Give us a call at 1-833-2-CLEVER or enter your info below. Our concierge team will be in touch shortly to help.

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Methodology

Clever's analysis of state market trends is based on local data from Zillow, realtor.com, Redfin, S&P Global, the U.S. Census, and Clever surveys. Our team of over 20 real estate analysts from across the country research local markets and data to compile our "Best" and "Worst" rankings.

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