The Steamboat Springs housing market in 2026 is slow on time and, county-wide, steady on price. Homes take far longer to sell and buyers have more choice. In its Steamboat Springs area, the Colorado Association of REALTORS counted 107 single-family sales from January to September 2026, 7 percent more than a year earlier, at a median of $1.8 million, down 11.9 percent, in its release of October 13, 2026.

I am Cheryl Foote, and I sell real estate in Steamboat Springs with Compass. Below are the Colorado Association of REALTORS figures through September 2026 and Freddie Mac’s latest mortgage rates, each with its geography, property type and period, and what they mean for buying or selling this winter. I do not forecast prices.

What is the Steamboat Springs housing market doing in 2026?

It is selling at about last year’s pace and middle price, and much more slowly. Through the first nine months of 2026, the Colorado Association of REALTORS reported 174 single-family sales in Routt County, against 177 in the same months of 2025, a change of minus 1.7 percent. The county’s year-to-date median single-family sale price through September 2026 was $1,430,000, up 0.4 percent from $1,425,000. Condos and townhomes ran ahead of last year, with 299 sales through September against 265, up 12.8 percent, at a year-to-date median of $860,000, up 2.4 percent.

Time is what changed. Single-family homes that sold in Routt County between January and September 2026 averaged 87 days on market, against 63 in the same period of 2025. Condos and townhomes averaged 86 days, against 56. The association’s release of October 13, 2026 summed up Routt County as a market that continues to normalize, with longer selling times.

In the Steamboat Springs area, the association’s release of October 13, 2026 reported year-to-date single-family sales up 7 percent through September and condo and townhome sales up 14.3 percent, with sellers receiving 96 to 98 percent of asking price. Statewide, the same release reported closed sales down 15.1 percent from September 2025 and a statewide median sale price across all property types of $540,000, down 1.6 percent.

What is happening in Oak Creek, Hayden and Clark?

In its release of October 13, 2026, covering September, the association reported Oak Creek single-family sales up 42.1 percent year to date, at a median price of $960,000, with days on market doubled to 83. Hayden had the highest single-family months of supply in the county, at 10, with four sales in September at a median of $521,850 and a year-to-date median of $633,700, essentially flat. The Clark and Steamboat Lake area had 11 sales year to date, at a median of $925,000. Routt County’s figures include all of these small markets.

What is the median sale price for a single-family home in Steamboat Springs?

For Routt County as a whole, the median single-family sale price was $1,500,000 in September 2026, the same as in September 2025, and $1,430,000 year to date, according to the association’s Local Market Update for Routt County, current as of October 5, 2026. For the Steamboat Springs area alone, the association’s release of October 13, 2026 put the year-to-date single-family median at $1.8 million through September, on 107 sales, and the full-year 2025 median was $2.095 million, on 161 sales.

Source: Colorado Association of REALTORS, Local Market Update for Routt County, September 2026, current as of October 5, 2026, all data from the multiple listing services in Colorado. The association notes that prices do not account for seller concessions or down payment assistance. Accessed October 28, 2026.

The sales figures on this page cover all sales reported for each area, not necessarily listed or sold by Cheryl Foote or her team, and are intended only to show trends in the area.

Two lines in that table pull in different directions. The county median was flat for the month and up 0.4 percent for the year. The county average fell 15.1 percent year to date, from $2,151,631 to $1,827,223. A flat median with a falling average is what a market looks like when the middle holds and fewer very expensive homes close.

The Steamboat Springs figures show this more sharply. The association’s release of October 13, 2026 put the Steamboat Springs year-to-date single-family median at $1.8 million through September, down 11.9 percent, while sales rose 7 percent, to 107. Its releases explain the gap: January to August 2025 included eleven single-family closings above $5 million, the same months of 2026 had three, and September 2026 added two more. The median fell because the mix of homes that closed changed, not because fewer homes sold.

For a settled annual level, the association’s 2025 recap, published January 13, 2026, reported 161 Steamboat Springs single-family sales for the year, up 2.5 percent, a median sale price of $2.095 million, down 3 percent, and an average of $3,086,869, up 9.3 percent. Single months swing both ways. The September 2026 Steamboat Springs single-family median was $2.57 million on 17 sales, up 24.3 percent from September 2025, and the association’s release tied it to luxury closings: seven of the 17 were $3 million or more, the most of any month this year. Two months earlier, the July median was $1.619 million on 15 sales. Read a single month here as one data point, not as the price of a house.

What is the median price for a condo or townhome in Steamboat Springs?

In Routt County the median townhouse and condominium sale price was $869,000 in September 2026, down 8.5 percent from $950,000 in September 2025, and $860,000 year to date through September, up 2.4 percent from $840,000. The year-to-date average rose much faster, 18.9 percent to $1,232,874, which points to more sales at the top of the range rather than a general rise in condo prices.

Source: Colorado Association of REALTORS, Local Market Update for Routt County, Townhouse/Condo, September 2026, current as of October 5, 2026, all data from the multiple listing services in Colorado. Prices do not account for seller concessions or down payment assistance. Accessed October 28, 2026.

Some of the top of that range is new construction. The association’s release of May 13, 2026 reported that The Amble had completed construction of its 42-unit development, with 13 condominiums closing in April 2026 at $1,530 to $2,099 per square foot. Its release of June 11, 2026 put the Steamboat Springs multi-family median for May at $1.96 million, driven by closings at The Amble. One release later, on July 14, 2026, it put the June median at $912,000, in a month that included ten closings at The Cottonwoods Condominiums, a Yampa Valley Housing Authority development with income and deed restrictions and an appreciation cap, sold by lottery to local residents.

So the Steamboat condo median fell by more than half between May and June 2026 as the mix of closings changed, from new units at The Amble in May to a month that included ten deed-restricted units at The Cottonwoods in June. The same pattern is already in the pipeline. The September 15, 2026 release reported that among 53 Routt County properties that went under contract in August were seven units at The Cottonwoods priced from $307,000 to $382,000, and two 2026-built luxury condos, one walk-to-ski at $5 million and one downtown at $6.74 million. If those close, they will pull the median in opposite directions. For a steadier read, the association’s first-quarter figure for Steamboat Springs multi-family, in its release of April 14, 2026, was a median of $896,000, up 3.6 percent.

What are the latest figures for Steamboat Springs itself, not just Routt County?

The association publishes its statistical reports by county, not by town. Its Steamboat Springs figures appear in its monthly market releases. The latest, published October 13, 2026, covers September.

Sources: Colorado Association of REALTORS 2025 recap and 2026 outlook, January 13, 2026 (full year 2025); market release of September 15, 2026 (August 2026); market release of October 13, 2026 (September 2026 and January to September 2026). These describe the association’s Steamboat Springs MLS reporting area, which is not identical to the city limits. Accessed October 28, 2026.

As of October 28, 2026, the release of October 13 covering September is the association’s latest. In 2026 its monthly releases have come out between the 11th and the 15th of the following month, so figures for October are due in mid-November.

How long are homes taking to sell in Steamboat Springs?

Roughly three months on average, and longer than a year ago. Single-family homes that sold in Routt County in September 2026 averaged 76 days on market, against 69 in September 2025, and 87 days year to date, against 63. Condos and townhomes that sold in September averaged 113 days, against 63 a year earlier, and 86 days year to date, against 56.

In the Steamboat Springs area, the association’s release of September 15, 2026 reported single-family days on market more than doubling year over year in August 2026, from 43 to 101, and condo and townhome days on market rising from 76 in July to 123 in August. The Steamboat Springs commentary in its release of June 11, 2026 had already said that, at the pace of the time, a property could stay on the market for six months or longer, depending on its price, location and condition.

Two cautions. The measure is days on market until sale, so a listing withdrawn without selling is not in it. And list prices move along the way: single-family homes that sold in Routt County in September 2026 closed at 98.8 percent of list price on average, but the association’s release of May 13, 2026 reported that 13 of the 48 properties that changed ownership in the county in April 2026 had been reduced from their original list price before going under contract. A high percentage of list price received does not mean the first asking price held.

How much inventory is there, and how many months of supply?

Routt County had 183 single-family homes for sale in September 2026, equal to 8.3 months of supply, and 264 condos and townhomes, equal to 7.8 months, according to the association’s Routt County report current as of October 5, 2026. Months of supply relates the homes for sale to the recent pace of sales.

Supply is high, but months of supply is lower than a year ago for both property types, even though condo and townhome inventory rose. In September 2025 the county carried 188 single-family homes for sale, 9.0 months of supply, and 241 condos and townhomes, 8.1 months. New listings are running below last year: 355 single-family listings came on in Routt County between January and September 2026, down 10.8 percent, and 499 condos and townhomes, down 8.6 percent. In the Steamboat Springs area, the association’s release of October 13, 2026 reported 11 new single-family listings in September 2026, down 47.6 percent, and single-family supply of 7.9 months.

Why does inventory fall in winter?

Because fewer owners list in the cold months and some withdraw. The association’s Routt County report for December 2025 showed 100 single-family homes for sale, 4.5 months of supply, against 188 in September 2025, and only 9 new single-family listings that December. Its 2025 recap noted that in Oak Creek and Stagecoach many homes were pulled from the market in December. Its release of February 11, 2026, covering January, reported just 11 new single-family listings in Steamboat Springs that month, against 19 in January 2025, with 61 homes for buyers to choose from.

Is Steamboat Springs a buyer’s market or a seller’s market right now?

On months of supply, it favors buyers, while the county median has held. With 8.3 months of single-family supply and 7.8 months for condos and townhomes in Routt County in September 2026, supply sits in the seven-to-ten-month range that the association’s release of October 13, 2026 described as favoring buyers. Its release of September 15, 2026 reported 4.8 months of supply statewide across all property types in August 2026.

What the data does not show is a falling market. The county’s single-family median was unchanged from September 2025, its year-to-date median was up 0.4 percent, and single-family homes that sold in September closed at 98.8 percent of list price on average. The association’s October 13, 2026 release described Routt County’s market as continuing to normalize, with prices relatively stable and sellers receiving 96 to 98 percent of asking price. My reading: buyers have time, choice and room to negotiate terms. Sellers who price to today’s market can still sell close to their final list price. Sellers who price to a market that has passed wait.

What does this mean if you are buying or selling this winter?

It means a thinner market with more room to negotiate, and a premium on pricing and preparation.

If you are buying

Expect fewer new listings and more room to negotiate on the ones that are there. The association’s release of February 11, 2026 reported that in January 2026, Steamboat Springs single-family sellers accepted an average of 92.4 percent of asking price, against 95.1 percent in January 2025, and that the five homes that closed that month had taken an average of 103 days to sell. Winter choice is thinner: Routt County carried 100 single-family homes for sale in December 2025, against 188 three months earlier.

• Have financing in place before you look, so you can act on a listing that has been sitting.
• Ask for the listing history on anything you like, including days on market and every price change.
• If rental income matters, confirm the property’s short-term rental zone before you write an offer. Our guide to Steamboat short-term rental rules and zones explains the city’s overlay.
• Pull the actual tax bill for the parcel. Our Steamboat property tax guide shows how.

If you are selling

Price to today’s market, not to 2025’s headline. Through September 2026, single-family homes in Routt County took 87 days on average to sell, against 63 a year earlier, and the Steamboat Springs area year-to-date median fell mainly because fewer homes above $5 million closed. A home priced in line with recent comparable sales can still sell close to asking: county single-family sales from January to September 2026 closed at 96.9 percent of list price on average.

Fall sales count too. The association’s 2025 recap reported that 112 of the 161 Steamboat Springs single-family sales in 2025 closed in the second half of the year, and its Steamboat Springs commentary described buyer activity that usually peaks in summer arriving in the fall instead. If you own from out of state, our guide to selling a Steamboat property when you live out of state covers the logistics, and what your Steamboat home is worth when it is time to list covers pricing.

Where are mortgage rates?

Higher than a year ago. Freddie Mac’s Primary Mortgage Market Survey reported the 30-year fixed rate averaging 7.24 percent as of October 29, 2026, down from 7.32 percent the week before and up from 6.17 percent a year earlier. The 15-year fixed rate averaged 6.60 percent, against 5.41 percent a year earlier. The survey is a national average built from loan applications submitted to Freddie Mac, so treat it as direction, not a quote, and compare written quotes from more than one lender.

How should you read these numbers?

Check four things before you rely on any market figure: the map, the property type, the period, and the date the data was pulled.

• Geography. The association’s county reports cover all of Routt County, including Oak Creek, Stagecoach, Hayden and the rural areas, not only Steamboat Springs. Its Steamboat Springs figures describe an MLS reporting area rather than the city limits. Its release of July 14, 2026 put the 118 Steamboat single-family homes then for sale between $649,000 in Milner and $24.9 million for a newer 144-acre ranch, and Milner is one of Routt County’s smaller unincorporated communities, as listed in the draft county master plan reported by Steamboat Pilot & Today on July 17, 2022.
• Property type. Single-family homes and condos or townhomes are reported separately and move separately. An all-homes figure blends them, and the blend shifts with the mix that closed.
• Period. A single month in a market this size can rest on a few dozen sales or fewer. The association’s own footnote on each county report reads: “Activity for one month can sometimes look extreme due to small sample size.” Year-to-date and full-year figures are steadier.
• Price measure and date. Medians and averages answer different questions, and the association notes that its prices do not account for seller concessions or down payment assistance. Each county report also carries an as-of date, “Current as of October 5, 2026” for the September report, because records keep updating as late closings post.

Our explainer on why every site shows a different median home price for Steamboat Springs works through each of these with examples. When I price a specific home, I start from the homes that compete with it, not from a county median.

Frequently Asked Questions