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Featured local agent — Elizabeth, CO
Sarah Mitchell
Compass Real Estate · Elizabeth, CO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Elizabeth, CO Housing Market & Real Estate
Housing market overview · Updated monthly ·
$551,250median sale price
How is the Elizabeth, CO housing market right now?
The median home sale price in Elizabeth, CO is $551,250, up 11.7% year-over-year. Homes sell in an average of 73 days with 13 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 Elizabeth a buyer's or seller's market?
Elizabeth, CO is currently a balanced market, based on 3.3 months of supply and homes selling in about 73 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
73
Average pace
Active listings
13
3.3 months supply
Sale-to-list
98.5%
Below asking
What does the Elizabeth housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $551,250 |
| Median list price | $662,500 |
| Year-over-year price change | +11.7% |
| Average days on market | 73 days |
| Active inventory | 13 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 98.5% |
| Median price per sq ft | $243/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 4 |
| Listings with a price cut | 53.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Elizabeth by property type?
How the Elizabeth, CO market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $551,250 | $243/sq ft | 4 | 73 days |
| Townhouse | $272,000 | $208/sq ft | 1 | 2 days |
Source: Redfin · Updated monthly
The Elizabeth housing market is currently classified as a balanced market with a median sale price of $551,250. Prices have risen 11.7% compared to last year, with homes spending an average of 73 days on market, indicating 3.3 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 6.1x provides context for how home values compare to local earning capacity.
Homes for sale in Elizabeth
There are currently 13 homes listed for sale in Elizabeth, Colorado. The median listing price is $663K.
Active listings
13
Homes on market
Median list price
$663K
Avg. days on market
73
Days until sale
New this week
4
Newly listed
Who lives in Elizabeth?
Population
1,694
Median income
$110,227/yr
Median age
32.5 years
Owner-occupied
88.4%
College grads
39.6%
Avg commute
40.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Elizabeth?
Zillow home value
$668,938
Price-to-income
6.1x
Source: Zillow Research
What is it like to live in Elizabeth?
Elizabeth is a community of approximately 2K residents with a median age of 32.5 years.The median household income is $110,227, which reflects a relatively affluent area with strong earning potential. 39.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 88.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 40.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Elizabeth offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Elizabeth?
5 schools tracked · 1,887 students
The largest public schools serving Elizabeth, 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.
Elizabeth High School
Grades 9-12 · 686 students
Legacy Academy
Grades K-8 · 416 students
Elizabeth Middle School
Grades 6-8 · 401 students
Running Creek Elementary School
Grades K-5 · 311 students
Elizabeth Running Creek Preschool
Grades PK · 73 students
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 Elizabeth, CO?
Want a head-to-head view? Compare Elizabeth side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Elizabeth?
The median home sale price in Elizabeth is $551,250, up 11.7% from last year.
How long do homes stay on market in Elizabeth?
Homes typically spend 73 days on market before going under contract.
What is the median income in Elizabeth?
The median household income is $110,227 per year.
Is Elizabeth a buyer's or seller's market?
With 3.3 months of supply, Elizabeth is currently a balanced market.
What is the Zillow home value estimate for Elizabeth?
The Zillow Home Value Index (ZHVI) for Elizabeth is $668,938, representing the typical home value in the area.
How much does a single-family home cost in Elizabeth?
The median single-family home price in Elizabeth, CO is $551,250 (about $243 per square foot).
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