Is Colorado City, TX 79512 a buyer’s or seller’s market?
Colorado City is a buyer’s market. With about 44.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Colorado City housing market right now
In the three months ending August 31, 2026, 0% of homes in Colorado City, TX 79512 sold above their list price, the typical home went under contract in 331 days and there were 44.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (199 days then) and the median sale price fell 67% to $43,481. Overall, Colorado City is less competitive than a year ago, which gives buyers more room.
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Questions about Colorado City real estate
Is Colorado City a buyer’s or seller’s market?
A buyer’s market: there were 44.8 months of supply in Colorado City, TX 79512 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Colorado City?
The typical home went under contract in 331 days in the latest three months.
Do homes in Colorado City sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 91.7% of the list price.
What are property taxes in Colorado City?
About 1.86% of a home’s value a year in Mitchell County, or roughly $7,440 on a $400,000 home.
What is the median home price in Colorado City?
The median sale price was $43,481 in the three months ending August 31, 2026, about $41 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology