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Featured local agent — Parachute, CO
Sarah Mitchell
Compass Real Estate · Parachute, CO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Parachute, CO Housing Market & Real Estate
Housing market overview · Updated monthly ·
$425,000median sale price
How is the Parachute, CO housing market right now?
The median home sale price in Parachute, CO is $425,000, up 6.3% year-over-year. Homes sell in an average of 13 days with 3 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Parachute a buyer's or seller's market?
Parachute, CO is currently a seller's market, based on 3.0 months of supply and homes selling in about 13 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
13
Fast-moving
Active listings
3
3.0 months supply
Sale-to-list
100.0%
Above asking
What does the Parachute housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $425,000 |
| Median list price | $291,000 |
| Year-over-year price change | +6.3% |
| Average days on market | 13 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $292/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Listings with a price cut | 33.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Parachute by property type?
How the Parachute, 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 | $425,000 | $292/sq ft | 1 | 13 days |
| Townhouse | $256,000 | $169/sq ft | 1 | 119 days |
Source: Redfin · Updated monthly
The Parachute housing market is currently classified as a seller's market with a median sale price of $425,000. Prices have risen 6.3% compared to last year, with homes spending an average of 13 days on market, indicating 3.0 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 7.2x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Parachute
There are currently 3 homes listed for sale in Parachute, Colorado. The median listing price is $291K.
Active listings
3
Homes on market
Median list price
$291K
Avg. days on market
13
Days until sale
New this week
3
Newly listed
Who lives in Parachute?
Population
1,513
Median income
$58,910/yr
Median age
26.8 years
Owner-occupied
51.7%
College grads
9.4%
Avg commute
33.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Parachute?
Zillow home value
$426,472
Price-to-income
7.2x
Source: Zillow Research
What is it like to live in Parachute?
Parachute is a community of approximately 2K residents with a median age of 26.8 years.The median household income is $58,910, which represents a working-class community with solid middle-income opportunities. 9.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 51.7%, showing a blend of owner and renter-occupied properties. The average commute time is 33.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Parachute offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Parachute?
4 schools tracked · 1,171 students
The largest public schools serving Parachute, 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.
Bea Underwood Elementary School
Grades 2-5 · 374 students
Grand Valley High School
Grades 9-12 · 300 students
Grand Valley Center for Family Learning
Grades PK-1 · 268 students
Grand Valley Middle School
Grades 6-8 · 229 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 Parachute, CO?
Want a head-to-head view? Compare Parachute side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Parachute?
The median home sale price in Parachute is $425,000, up 6.3% from last year.
How long do homes stay on market in Parachute?
Homes typically spend 13 days on market before going under contract.
What is the median income in Parachute?
The median household income is $58,910 per year.
Is Parachute a buyer's or seller's market?
With 3.0 months of supply, Parachute is currently a seller's market.
What is the Zillow home value estimate for Parachute?
The Zillow Home Value Index (ZHVI) for Parachute is $426,472, representing the typical home value in the area.
How much does a single-family home cost in Parachute?
The median single-family home price in Parachute, CO is $425,000 (about $292 per square foot).
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