Is Hot Sulphur Springs, CO 80451 a buyer’s or seller’s market?
Hot Sulphur Springs is a seller’s market. With about 3.2 months of supply and 0% 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.
The Hot Sulphur Springs housing market right now
In the three months ending August 31, 2026, 0% of homes in Hot Sulphur Springs, CO 80451 sold above their list price, the typical home went under contract in 38 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 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 (21 days then) and the median sale price rose 36% to $506,781. Overall, Hot Sulphur Springs is less competitive than a year ago, which gives buyers more room.
Within Grand County, homes here sell faster than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Kremmling 80459 (25% sold over asking) and Winter Park 80482 (21% sold over asking) are even more competitive.
Run the numbers for 80451
Nearby markets
Fraser 80442Buyer’s market $512 /sq ftGranby 80446Buyer’s market $439 /sq ftGrand Lake 80447Buyer’s market $444 /sq ftKremmling 80459Buyer’s market $361 /sq ft Browse all markets →Towns like Hot Sulphur Springs nearby
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Questions about Hot Sulphur Springs real estate
Is Hot Sulphur Springs a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Hot Sulphur Springs, CO 80451 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 Hot Sulphur Springs?
The typical home went under contract in 38 days in the latest three months.
Do homes in Hot Sulphur Springs sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.
What are property taxes in Hot Sulphur Springs?
About 0.34% of a home’s value a year in Grand County, or roughly $1,360 on a $400,000 home.
What is the median home price in Hot Sulphur Springs?
The median sale price was $506,781 in the three months ending August 31, 2026, about $349 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