Palisade, CO Housing Market & Real Estate

Buyer's market-9.3% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Palisade, CO is $434,750, down 9.3% year-over-year. Homes sell in an average of 110 days with 11 active listings. The market is currently a buyer's market.

$434,750median sale price

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

Buyer's market5.5 months of supply110 avg. days on market

Palisade, CO is currently a buyer's market, based on 5.5 months of supply and homes selling in about 110 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

110

Average pace

Active listings

11

5.5 months supply

Sale-to-list

97.9%

Below asking

Palisade, CO market data

Current housing market statistics for Palisade, CO
MetricValue
Median sale price$434,750
Median list price$700,000
Year-over-year price change-9.3%
Average days on market110 days
Active inventory11 listings
Months of supply5.5 months
Sale-to-list price ratio97.9%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Palisade housing market is currently classified as a buyer's market with a median sale price of $434,750. Prices have fallen 9.3% compared to last year, with homes spending an average of 110 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Palisade

There are currently 11 homes listed for sale in Palisade, Colorado. The median listing price is $700K.

Active listings

11

Homes on market

Median list price

$700K

Avg. days on market

110

Days until sale

New this week

2

Newly listed

Price drops:27.3%of listings
Sale-to-list:97.9%

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Frequently asked questions

What is the average home price in Palisade?

The median home sale price in Palisade is $434,750, down 9.3% from last year.

How long do homes stay on market in Palisade?

Homes typically spend 110 days on market before going under contract.

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

With 5.5 months of supply, Palisade is currently a buyer's market.

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