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Featured local agent — Empire, CO
Sarah Mitchell
Compass Real Estate · Empire, CO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Empire, CO Housing Market & Real Estate
Housing market overview · Updated monthly ·
$395,000median sale price
How is the Empire, CO housing market right now?
The median home sale price in Empire, CO is $395,000. Homes sell in an average of 35 days with 2 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of June 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Empire a buyer's or seller's market?
Empire, CO is currently a seller's market, based on 2.0 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
35
Average pace
Active listings
2
2.0 months supply
Sale-to-list
100.0%
Above asking
What does the Empire housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $395,000 |
| Average days on market | 35 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $317/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Empire by property type?
How the Empire, 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 | $395,000 | $317/sq ft | 1 | 35 days |
Source: Redfin · Updated monthly
The Empire housing market is currently classified as a seller's market with a median sale price of $395,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 35 days on market, indicating 2.0 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 5.8x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Empire
There are currently 2 homes listed for sale in Empire, Colorado.
Active listings
2
Homes on market
Avg. days on market
35
Days until sale
Who lives in Empire?
Population
549
Median income
$63,092/yr
Median age
44.5 years
Owner-occupied
59.0%
College grads
18.4%
Avg commute
21.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Empire?
Zillow home value
$364,123
Price-to-income
5.8x
Source: Zillow Research
What is it like to live in Empire?
Empire is a community of approximately 1K residents with a median age of 44.5 years.The median household income is $63,092, which represents a working-class community with solid middle-income opportunities. 18.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 59.0%, showing a blend of owner and renter-occupied properties. The average commute time is 21.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Empire offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Empire, CO?
Want a head-to-head view? Compare Empire side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Empire?
The median home sale price in Empire is $395,000, down 0.0% from last year.
How long do homes stay on market in Empire?
Homes typically spend 35 days on market before going under contract.
What is the median income in Empire?
The median household income is $63,092 per year.
Is Empire a buyer's or seller's market?
With 2.0 months of supply, Empire is currently a seller's market.
What is the Zillow home value estimate for Empire?
The Zillow Home Value Index (ZHVI) for Empire is $364,123, representing the typical home value in the area.
How much does a single-family home cost in Empire?
The median single-family home price in Empire, CO is $395,000 (about $317 per square foot).
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