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Featured local agent — Caspar, CA
Sarah Mitchell
Compass Real Estate · Caspar, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Caspar, CA Housing Market
The last median sale price Redfin published was $1.13M (through May 2026). With 2.0 months of supply and homes going under contract in about 37 days, Caspar is a balanced market. At today's 6.66% 30-year fixed rate, 20% down on a $1.13M home is about $5,784/mo in principal and interest.
Key numbers for Caspar, CA
Median sale price
$1.13M
Last published period
Redfin, through May 2026
Days on market
37
Average pace
Redfin, through May 2026
Active listings
2
2.0 months of supply
Redfin, through May 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Sale-to-list ratio
93.8%
Selling below asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Caspar a buyer's or seller's market?
Caspar, CA is a balanced market, based on 2.0 months of supply and homes selling in about 37 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Caspar housing market data show?
Every row below is Redfin's final published month for Caspar, CA. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $1.13M |
| Median price per sq ft | $642/sq ft |
| Median days on market | 37 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 93.8% |
| Homes sold (that month) | 1 |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Caspar is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Caspar is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Caspar home prices moved?
Across the 27 months we hold for Caspar, CA, the median sale price fell 14.7%, from $1.32M in May 2021 to $1.13M. For prices to fall meaningfully from here, supply would have to keep building past 2.0 months while the sale-to-list ratio slips below its current 93.8%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Caspar?
Priced off the median sale price of $1.13M at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $225,000 | $900,000 | $5,784/mo |
| 5% | $56,250 | $1.07M | $6,868/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $5,784, that implies roughly $247,870 a year before you add taxes and insurance. We do not hold a Census income figure for Caspar, so we cannot compare that threshold to local earnings.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Caspar in the next 12 months?
Tell us your timeline. We send the Caspar market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Caspar?
Zillow does not publish a rent index (ZORI) for Caspar, CA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Caspar?
Active listings in Caspar, CA went from 2 in December 2022 to 2 in May 2026, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| April 2023 | 3 | 2 |
| May 2023 | 2 | not published |
| June 2023 | 2 | 1 |
| August 2023 | 3 | not published |
| September 2023 | 2 | not published |
| June 2024 | 4 | not published |
| July 2024 | 3 | 1 |
| August 2024 | 5 | 2 |
| September 2024 | 1 | not published |
| November 2025 | 1 | not published |
| January 2026 | 1 | not published |
| May 2026 | 2 | not published |
Redfin, through May 2026
How does Caspar compare to California and the U.S.?
Caspar homes sell for $1.13M — 27% above the California median of $887,400. Against the national median of $410,700, Caspar runs 174% higher.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Caspar, CA | $1.13M | not published | 37 days |
| California statewide | $887,400 | +3.4% | 33 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Caspar
What buyers should watch
- Months of supply, currently 2.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $1,084 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $1.13M home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Caspar listing goes under contract in 37 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 93.8% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Comparable ZIP-level pricing inside Caspar varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Caspar
There are currently 2 homes listed for sale in Caspar, California.
Active listings
2
Homes on market
Avg. days on market
37
Days until sale
How much do homes cost in Caspar by property type?
How the Caspar, CA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.13M | $642/sq ft | 1 | 37 days |
Who lives in Caspar?
American Community Survey estimates for Caspar. U.S. Census ACS, 2023
Population
337
Households
189
Median age
61.4 years
Owner-occupied
59.8%
Median home value
$1.02M
Mean commute
30.2 min
59.8% of occupied homes in Caspar are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Caspar, CA?
Ordered by distance from Caspar, not by size. Compare Caspar side by side with any of them.
Caspar housing market FAQ
Is Caspar a buyer's or seller's market?
Caspar, CA is currently a balanced market. That read comes from 2.0 months of supply, homes going under contract in about 37 days, and sellers getting 93.8% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Caspar?
The median sale price in the last month Redfin published was $1.13M, about $642 per square foot.
Is Caspar cheaper than the rest of California?
Caspar's median sale price of $1.13M is 27% higher than the California statewide median of $887,400, and 174% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Caspar?
Homes in Caspar, CA spent a median of 37 days on market before going under contract, versus 33 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Caspar?
At the current 30-year fixed rate of 6.66%, 20% down on a $1.13M home is about $5,784 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $247,870 a year before taxes, insurance, HOA dues or mortgage insurance.
Are home prices rising in Caspar?
We do not hold a complete 12-month value series for Caspar, CA yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Caspar?
Caspar ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Caspar?
That depends on your timeline, not on a headline. What the data says today: Caspar, CA is a balanced market with 2.0 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $1.13M, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.