Is Elbert, CO 80106 a buyer’s or seller’s market?
Elbert is a seller’s market. With about 3.9 months of supply and 22% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 34% of U.S. ZIP codes, and #132 of 239 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Elbert housing market right now
In the three months ending August 31, 2026, 22% of homes in Elbert, CO 80106 sold above their list price, the typical home went under contract in 54 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 19 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold more slowly (46 days then) and the median sale price rose 2% to $734,182. Overall, Elbert is more competitive than a year ago, so tougher for buyers.
Within Elbert County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Elbert ranks #132 of 239 CO ZIP codes with enough sales (score 36 out of 100).
Nearby, buyers who want less competition could look at Simla 80835 (0% sold over asking) or Ramah 80832 (0% sold over asking).
Run the numbers for 80106
Nearby markets
Agate 80101 — /sq ftElizabeth 80107Balanced $221 /sq ftKiowa 80117Seller’s market $265 /sq ftMatheson 80830 — /sq ft Browse all markets →Towns like Elbert nearby
Find towns like Elbert in other states →Where Elbert is
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Questions about Elbert real estate
Is Elbert a buyer’s or seller’s market?
A seller’s market: there were 3.9 months of supply in Elbert, CO 80106 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 Elbert?
The typical home went under contract in 54 days in the latest three months.
Do homes in Elbert sell over asking?
22% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.
What are property taxes in Elbert?
About 0.45% of a home’s value a year in Elbert County, or roughly $1,800 on a $400,000 home.
What is the median home price in Elbert?
The median sale price was $734,182 in the three months ending August 31, 2026, about $295 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