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Featured local agent — Simla, CO
Sarah Mitchell
Compass Real Estate · Simla, CO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Simla, CO Housing Market & Real Estate
Housing market overview · Updated monthly ·
$470,000median sale price
How is the Simla, CO housing market right now?
The median home sale price in Simla, CO is $470,000, up 270.8% year-over-year. Homes sell in an average of 102 days with 6 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 Simla a buyer's or seller's market?
Simla, CO is currently a buyer's market, based on 6.0 months of supply and homes selling in about 102 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
102
Average pace
Active listings
6
6.0 months supply
Sale-to-list
96.2%
Below asking
What does the Simla housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $470,000 |
| Median list price | $220,000 |
| Year-over-year price change | +270.8% |
| Average days on market | 102 days |
| Active inventory | 6 listings |
| Months of supply | 6.0 months |
| Sale-to-list price ratio | 96.2% |
| Median price per sq ft | $235/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 33.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Simla by property type?
How the Simla, 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 | $470,000 | $235/sq ft | 1 | 102 days |
Source: Redfin · Updated monthly
The Simla housing market is currently classified as a buyer's market with a median sale price of $470,000. Prices have risen 270.8% compared to last year, with homes spending an average of 102 days on market, indicating 6.0 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 Simla
There are currently 6 homes listed for sale in Simla, Colorado. The median listing price is $220K.
Active listings
6
Homes on market
Median list price
$220K
Avg. days on market
102
Days until sale
New this week
1
Newly listed
Who lives in Simla?
Population
576
Median age
40.2 years
Owner-occupied
63.3%
College grads
19.9%
Avg commute
22.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Simla?
Zillow home value
$338,194
Source: Zillow Research
What is it like to live in Simla?
Simla is a community of approximately 1K residents with a median age of 40.2 years. 19.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 63.3%, showing a blend of owner and renter-occupied properties. The average commute time is 22.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Simla offers a distinctive character that appeals to different lifestyle preferences.
Which public schools serve Simla?
3 schools tracked · 328 students
The largest public schools serving Simla, 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.
Simla Elementary School
Grades PK-5 · 152 students
Simla High School
Grades 9-12 · 99 students
Simla Junior High School
Grades 6-8 · 77 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 Simla, CO?
Want a head-to-head view? Compare Simla side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Simla?
The median home sale price in Simla is $470,000, up 270.8% from last year.
How long do homes stay on market in Simla?
Homes typically spend 102 days on market before going under contract.
Is Simla a buyer's or seller's market?
With 6.0 months of supply, Simla is currently a buyer's market.
What is the Zillow home value estimate for Simla?
The Zillow Home Value Index (ZHVI) for Simla is $338,194, representing the typical home value in the area.
How much does a single-family home cost in Simla?
The median single-family home price in Simla, CO is $470,000 (about $235 per square foot).
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