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Featured local agent — Ridgway, CO
Sarah Mitchell
Compass Real Estate · Ridgway, CO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ridgway, CO Housing Market & Real Estate
Housing market overview · Updated monthly ·
$905,000median sale price
How is the Ridgway, CO housing market right now?
The median home sale price in Ridgway, CO is $905,000, up 144.6% year-over-year. Homes sell in an average of 102 days with 33 active listings. The market is currently a buyer's 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 Ridgway a buyer's or seller's market?
Ridgway, CO is currently a buyer's market, based on 16.5 months of supply and homes selling in about 102 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
102
Average pace
Active listings
33
16.5 months supply
Sale-to-list
86.2%
Below asking
What does the Ridgway housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $905,000 |
| Median list price | $1.10M |
| Year-over-year price change | +144.6% |
| Average days on market | 102 days |
| Active inventory | 33 listings |
| Months of supply | 16.5 months |
| Sale-to-list price ratio | 86.2% |
| Median price per sq ft | $411/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 15 |
| Listings with a price cut | 15.2% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Ridgway by property type?
How the Ridgway, 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 | $850,000 | $313/sq ft | 1 | 135 days |
| Condo / Co-op | $960,000 | $509/sq ft | 1 | 68 days |
Source: Redfin · Updated monthly
The Ridgway housing market is currently classified as a buyer's market with a median sale price of $905,000. Prices have risen 144.6% compared to last year, with homes spending an average of 102 days on market, indicating 16.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 9.9x provides context for how home values compare to local earning capacity.
Homes for sale in Ridgway
There are currently 33 homes listed for sale in Ridgway, Colorado. The median listing price is $1.1M.
Active listings
33
Homes on market
Median list price
$1.1M
Avg. days on market
102
Days until sale
New this week
15
Newly listed
Who lives in Ridgway?
Population
1,247
Median income
$88,218/yr
Median age
41.1 years
Owner-occupied
55.1%
College grads
53.3%
Avg commute
31.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Ridgway?
Zillow home value
$871,291
Price-to-income
9.9x
Source: Zillow Research
What is it like to live in Ridgway?
Ridgway is a community of approximately 1K residents with a median age of 41.1 years.The median household income is $88,218, which reflects a relatively affluent area with strong earning potential. 53.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 55.1%, showing a blend of owner and renter-occupied properties. The average commute time is 31.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Ridgway offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Ridgway?
3 schools tracked · 330 students
The largest public schools serving Ridgway, 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.
Ridgway Elementary School
Grades PK-5 · 149 students
Ridgway High School
Grades 9-12 · 101 students
Ridgway Middle School
Grades 6-8 · 80 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 Ridgway, CO?
Want a head-to-head view? Compare Ridgway side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Ridgway?
The median home sale price in Ridgway is $905,000, up 144.6% from last year.
How long do homes stay on market in Ridgway?
Homes typically spend 102 days on market before going under contract.
What is the median income in Ridgway?
The median household income is $88,218 per year.
Is Ridgway a buyer's or seller's market?
With 16.5 months of supply, Ridgway is currently a buyer's market.
What is the Zillow home value estimate for Ridgway?
The Zillow Home Value Index (ZHVI) for Ridgway is $871,291, representing the typical home value in the area.
What is the median condo price in Ridgway?
The median condo/co-op sale price in Ridgway, CO is $960,000, compared to $850,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Ridgway?
The median single-family home price in Ridgway, CO is $850,000 (about $313 per square foot).
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