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Sarah Mitchell

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Compass Real Estate · Grand Junction, CO

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

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

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Grand Junction, CO Housing Market

Seller's market+0.8% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Grand Junction, CO is worth $422,821, rose 0.8% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $449,000, +3.5% year over year (through May 2026). With 2.4 months of supply and homes going under contract in about 31 days, Grand Junction is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $422,821 home is about $2,257/mo in principal and interest.

Key numbers for Grand Junction, CO

Typical home value

$422,821

+0.8% in 12 months

Zillow, August 2026

Typical asking rent

$1,759/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$449,000

+3.5% year over year

Redfin, through May 2026

Days on market

31

Average pace

Redfin, through May 2026

Active listings

356

2.4 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$66,676

Home costs 6.3x income

U.S. Census ACS, 2023

Sale-to-list ratio

98.4%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and 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 Grand Junction a buyer's or seller's market?

Seller's market2.4 months of supply31 days on market98.4% of asking

Grand Junction, CO is a seller's market, based on 2.4 months of supply and homes selling in about 31 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 Grand Junction housing market data show?

Every row below is Redfin's final published month for Grand Junction, CO. Redfin, through May 2026

Housing market statistics for Grand Junction, CO, Redfin through May 2026
MetricValue
Median sale price$449,000
Median list price$467,000
Year-over-year price change+3.5%
Median price per sq ft$272/sq ft
Median days on market31 days
Active inventory356 listings
Months of supply2.4 months
Sale-to-list price ratio98.4%
Homes sold (that month)148
New listings (that month)160
Listings with a price cut33.7%
Market conditionSeller's 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 Grand Junction is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Grand Junction 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 Grand Junction home prices moved?

Over the last three years the median sale price in Grand Junction, CO rose 5.3%, from $426,250 to $449,000. The live Zillow value series has rose 0.8% in the last 12 months, which is the more current read now that Redfin's series has stopped. 33.7% of Grand Junction listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 2.4 months while the sale-to-list ratio slips below its current 98.4%. 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 Grand Junction?

Priced off the typical home value of $422,821 at the current 7.03% 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.

Monthly principal and interest by down payment in Grand Junction, CO
Down paymentCash at closeLoan amountMonthly P&I
20%$84,564$338,257$2,257/mo
5%$21,141$401,680$2,680/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 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 $2,257, that implies roughly $96,739 a year before you add taxes and insurance. The median household in Grand Junction earns $66,676, about $30,063 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 6.3x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Grand Junction in the next 12 months?

Tell us your timeline. We send the Grand Junction market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Grand Junction?

Typical asking rent in Grand Junction, CO is $1,759/mo, against a typical home value of $422,821. That is a price-to-rent ratio of 20.0x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $2,257 a month — $498 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Grand Junction?

Active listings in Grand Junction, CO went from 316 in May 2025 to 356 in May 2026, a +12.7% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in Grand Junction, CO
MonthActive listingsNew listings
June 2025348167
July 2025365181
August 2025380141
September 2025368134
October 2025352113
November 202532688
December 202527454
January 2026267105
February 2026298154
March 2026346181
April 2026343182
May 2026356160

Redfin, through May 2026

How does Grand Junction compare to Colorado and the U.S.?

Grand Junction homes sell for $449,000 — 27% below the Colorado median of $617,000. Against the national median of $410,700, Grand Junction runs 9% higher. Year-over-year, Grand Junction moved +3.5% against Colorado's +1.3% — a bigger swing than the state as a whole.

Grand Junction, CO compared with Colorado and the United States
MarketMedian sale priceYoYDays on market
Grand Junction, CO$449,000+3.5%31 days
Colorado statewide$617,000+1.3%35 days
United States$410,700not publishednot 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 Grand Junction

What buyers should watch

  • Months of supply, currently 2.4. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 33.7%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $423 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $422,821 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 Grand Junction listing goes under contract in 31 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 98.4% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Grand Junction added 160 new listings against 148 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +0.8% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Grand Junction varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Grand Junction

There are currently 356 homes listed for sale in Grand Junction, Colorado. The median listing price is $467K. Featured listings range from $359,900 to $968,000.

3 bedroom house for sale at 3007 1/2 Autumn Glenn Ct Grand Junction 81504 - $359,900
New Listing
28
$359,900

3007 1/2 Autumn Glenn Ct

Grand Junction, CO 81504

3 bd2 ba1,208 sqft$298/ft²
House4,356 sqft lot

Amy Miller · RE/MAX 4000, INC

View photos & details
3 bedroom townhouse for sale at 2931 Paula Ln Unit K2 Grand Junction 81504 - $365,000
New Listing
36
$365,000

2931 Paula Ln Unit K2

Grand Junction, CO 81504

3 bd3 ba1,847 sqft$198/ft²
Townhouse

Jaida Mckeever · BERKSHIRE HATHAWAY HOMESERVICES COLORADO PROPERTIES

View photos & details
3 bedroom house for sale at 255 Paige Rd Grand Junction 81503 - $369,900
New Build
2
$369,900

255 Paige Rd

Grand Junction, CO 81503

3 bd2 ba1,145 sqft$323/ft²
House6,534 sqft lot

Candace Horton · BERKSHIRE HATHAWAY HOMESERVICES COLORADO PROPERTIES

View photos & details
3 bedroom house for sale at 1131 Grand Ave Grand Junction 81501 - $384,900
New Listing
36
$384,900

1131 Grand Ave

Grand Junction, CO 81501

3 bd1 ba1,050 sqft$367/ft²
House7,405 sqft lot

The Danny Kuta Team · RE/MAX 4000, INC

View photos & details
$400,000

Lime Creek Rd

Grand Junction, CO 81505

Land8.52 acres

Robert Padilla · CANYON VIEW REALTY & PROPERTY MANAGEMENT

View photos & details
3 bedroom house for sale at 1931 N 17th St Grand Junction 81501 - $409,900
New Listing
25
$409,900

1931 N 17th St

Grand Junction, CO 81501

3 bd2 ba1,638 sqft$250/ft²
House6,098 sqft lot

Shanon Secrest · NEXTHOME VIRTUAL

View photos & details
3 bedroom house for sale at 254 Sasha St Grand Junction 81503 - $426,900
New Build
2
$426,900

254 Sasha St

Grand Junction, CO 81503

3 bd2 ba1,443 sqft$296/ft²
House5,663 sqft lot

Candace Horton · BERKSHIRE HATHAWAY HOMESERVICES COLORADO PROPERTIES

View photos & details
4 bedroom house for sale at 1750 Chipeta Ave Grand Junction 81501 - $449,000
New Listing
42
$449,000

1750 Chipeta Ave

Grand Junction, CO 81501

4 bd2 ba2,351 sqft$191/ft²
House9,148 sqft lot

Mandy Harter · RE/MAX 4000, INC

View photos & details
5 bedroom house for sale at 1825 Orchard Ave Grand Junction 81501 - $449,000
New Listing
36
$449,000

1825 Orchard Ave

Grand Junction, CO 81501

5 bd3 ba2,870 sqft$156/ft²
House7,841 sqft lot

Kaci Pinnt · COLDWELL BANKER DISTINCTIVE PROPERTIES

View photos & details
2 bedroom house for sale at 2455 1/2 Broadway Grand Junction 81507 - $450,000
New Listing
37
$450,000

2455 1/2 Broadway

Grand Junction, CO 81507

2 bd1 ba1,560 sqft$288/ft²
House17,860 sqft lot

Kent Slawson · FLAT FIVE REALTY

View photos & details
4 bedroom house for sale at 627 Kings Glen Loop Grand Junction 81504 - $519,900
New Listing
35
$519,900

627 Kings Glen Loop

Grand Junction, CO 81504

4 bd3 ba2,357 sqft$221/ft²
House8,276 sqft lot

Jen Pedersen · COLDWELL BANKER DISTINCTIVE PROPERTIES

View photos & details
4 bedroom house for sale at 720 Malachi St Grand Junction 81507 - $968,000
New Listing
24
$968,000

720 Malachi St

Grand Junction, CO 81507

4 bd3 ba2,618 sqft$370/ft²
House

Alisha Etcheverry · HOMESMART REALTY PARTNERS

View photos & details

Looking to buy in Grand Junction?

Get connected with a local real estate expert — free, no obligation.

Active listings

356

Homes on market

Median list price

$467K

Avg. days on market

31

Days until sale

New this week

160

Newly listed

Price drops:33.7%of listings
Sale-to-list:98.4%

How much do homes cost in Grand Junction by property type?

How the Grand Junction, CO market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Grand Junction, CO
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$467,700$280/sq ft13031 days
Condo / co-op$327,000$228/sq ft647 days
Townhouse$355,000$233/sq ft1156 days

Who lives in Grand Junction?

American Community Survey estimates for Grand Junction. U.S. Census ACS, 2023

Population

67,027

Households

29,037

Median income

$66,676/yr

Median age

40 years

Owner-occupied

62.8%

Median home value

$358,300

Median gross rent

$1,101/mo

Mean commute

15.9 min

62.8% of occupied homes in Grand Junction 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. The Census self-reported median home value is $358,300 against Zillow's $422,821 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,101/mo, below Zillow's $1,759/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Grand Junction?

34 schools tracked · 14,627 students

The largest public schools serving Grand Junction, 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.

Grand Junction High School

Grades 9-12 · 1,590 students

Public

Central High School

Grades 9-12 · 1,443 students

Public

Caprock Academy

Grades K-12 · 895 students

Charter

Redlands Middle School

Grades 6-8 · 594 students

Public

Orchard Mesa Middle School

Grades 6-8 · 581 students

Public

Bookcliff Middle School

Grades 6-8 · 565 students

Public

Grand Mesa Middle School

Grades 6-8 · 525 students

Public

Grand River Academy

Grades K-12 · 516 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 Grand Junction, CO?

Ordered by distance from Grand Junction, not by size. Compare Grand Junction side by side with any of them.

Which ZIP codes are in Grand Junction?

These are the ZIP codes we see on active Grand Junction listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Grand Junction housing market FAQ

Is Grand Junction a buyer's or seller's market?

Grand Junction, CO is currently a seller's market. That read comes from 2.4 months of supply, homes going under contract in about 31 days, and sellers getting 98.4% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Grand Junction?

The typical home in Grand Junction, CO is worth $422,821 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $449,000, about $272 per square foot.

Is Grand Junction cheaper than the rest of Colorado?

Grand Junction's median sale price of $449,000 is 27% lower than the Colorado statewide median of $617,000, and 9% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Grand Junction?

Homes in Grand Junction, CO spent a median of 31 days on market before going under contract, versus 35 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 Grand Junction?

At the current 30-year fixed rate of 7.03%, 20% down on a $422,821 home is about $2,257 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $96,739 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $66,676.

Are home prices rising in Grand Junction?

The typical home value in Grand Junction, CO rose 0.8% over the last 12 months, from $419,659 to $422,821 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Grand Junction?

Grand Junction 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 Grand Junction?

That depends on your timeline, not on a headline. What the data says today: Grand Junction, CO is a seller's market with 2.4 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 20.0x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.