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Sarah Mitchell

CNESRESABR

Compass Real Estate · Bayfield, CO

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Bayfield, CO(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Bayfield, CO Housing Market & Real Estate

Balanced market+5.6% YoY

Housing market overview · Updated monthly ·

$565,000median sale price

How is the Bayfield, CO housing market right now?

The median home sale price in Bayfield, CO is $565,000, up 5.6% year-over-year. Homes sell in an average of 27 days with 16 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Bayfield a buyer's or seller's market?

Balanced market3.2 months of supply27 avg. days on market

Bayfield, CO is currently a balanced market, based on 3.2 months of supply and homes selling in about 27 days. How we determine this →

Homes sold

5

Last 12 weeks

Days on market

27

Average pace

Active listings

16

3.2 months supply

Sale-to-list

98.7%

Below asking

What does the Bayfield housing market data show?

Current housing market statistics for Bayfield, CO
MetricValue
Median sale price$565,000
Median list price$480,000
Year-over-year price change+5.6%
Average days on market27 days
Active inventory16 listings
Months of supply3.2 months
Sale-to-list price ratio98.7%
Median price per sq ft$285/sq ft
Homes sold (latest month)5
New listings (latest month)7
Listings with a price cut56.3%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Bayfield by property type?

How the Bayfield, CO market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Bayfield, CO
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$574,950$304/sq ft437 days
Townhouse$307,500$237/sq ft13 days

Source: Redfin · Updated monthly

The Bayfield housing market is currently classified as a balanced market with a median sale price of $565,000. Prices have risen 5.6% compared to last year, with homes spending an average of 27 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.6x provides context for how home values compare to local earning capacity.

Homes for sale in Bayfield

There are currently 16 homes listed for sale in Bayfield, Colorado. The median listing price is $480K.

Active listings

16

Homes on market

Median list price

$480K

Avg. days on market

27

Days until sale

New this week

7

Newly listed

Price drops:56.3%of listings
Sale-to-list:98.7%

Who lives in Bayfield?

Population

2,862

Median income

$92,821/yr

Median age

31.9 years

Owner-occupied

80.2%

College grads

30.5%

Avg commute

19.7 min

Source: U.S. Census Bureau ACS

What are homes worth in Bayfield?

Zillow home value

$520,894

Price-to-income

5.6x

Source: Zillow Research

What is it like to live in Bayfield?

Bayfield is a community of approximately 3K residents with a median age of 31.9 years.The median household income is $92,821, which reflects a relatively affluent area with strong earning potential. 30.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 80.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Bayfield offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Bayfield?

4 schools tracked · 1,253 students

The largest public schools serving Bayfield, CO by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Bayfield High School

Grades 9-12 · 422 students

Public

Bayfield Intermediate School

Grades 3-5 · 297 students

Public

Bayfield Middle School

Grades 6-8 · 285 students

Public

Bayfield Primary School

Grades PK-2 · 249 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Bayfield, CO?

Want a head-to-head view? Compare Bayfield side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Bayfield?

The median home sale price in Bayfield is $565,000, up 5.6% from last year.

How long do homes stay on market in Bayfield?

Homes typically spend 27 days on market before going under contract.

What is the median income in Bayfield?

The median household income is $92,821 per year.

Is Bayfield a buyer's or seller's market?

With 3.2 months of supply, Bayfield is currently a balanced market.

What is the Zillow home value estimate for Bayfield?

The Zillow Home Value Index (ZHVI) for Bayfield is $520,894, representing the typical home value in the area.

How much does a single-family home cost in Bayfield?

The median single-family home price in Bayfield, CO is $574,950 (about $304 per square foot).

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