Is Empire, CO 80438 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Empire is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list99.5%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$339▼ −4.0% vs. last year

The Empire housing market right now

In the three months ending August 31, 2026, 50% of homes in Empire, CO 80438 sold above their list price, the typical home went under contract in 20 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (68 days then) and the median sale price rose 54% to $539,766. Overall, Empire is more competitive than a year ago, so tougher for buyers.

Within Clear Creek County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Dumont 80436 (0% sold over asking) or Georgetown 80444 (9% sold over asking).

Nearby markets

Dumont 80436 $513 /sq ftEvergreen 80439Balanced $369 /sq ftGeorgetown 80444Buyer’s market $348 /sq ftIdaho Springs 80452Buyer’s market $344 /sq ft Browse all markets →

Where Empire is

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Questions about Empire real estate

Is Empire a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in Empire, CO 80438 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 Empire?

The typical home went under contract in 20 days in the latest three months.

Do homes in Empire sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.

What are property taxes in Empire?

About 0.39% of a home’s value a year in Clear Creek County, or roughly $1,560 on a $400,000 home.

What is the median home price in Empire?

The median sale price was $539,766 in the three months ending August 31, 2026, about $339 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