Is Lake George, CO 80827 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Lake George is a buyer’s market. With about 13.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply13.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.9%Sold price ÷ list price
Median days on market76Listing to accepted offer
Median price per sq ft$397▲ +39.3% vs. last year

The Lake George housing market right now

In the three months ending August 31, 2026, 0% of homes in Lake George, CO 80827 sold above their list price, the typical home went under contract in 76 days and there were 13.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold more slowly (67 days then) and the median sale price fell 3% to $454,104. Overall, Lake George is less competitive than a year ago, which gives buyers more room.

Within Park County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Jefferson 80456 (38% sold over asking) and Alma 80420 (33% sold over asking) are even more competitive.

Nearby markets

Alma 80420Buyer’s market $481 /sq ftBailey 80421Balanced $316 /sq ftComo 80432 — /sq ftFairplay 80440Buyer’s market $348 /sq ft Browse all markets →

Where Lake George is

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Questions about Lake George real estate

Is Lake George a buyer’s or seller’s market?

A buyer’s market: there were 13.4 months of supply in Lake George, CO 80827 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 Lake George?

The typical home went under contract in 76 days in the latest three months.

Do homes in Lake George sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.9% of the list price.

What are property taxes in Lake George?

About 0.33% of a home’s value a year in Park County, or roughly $1,320 on a $400,000 home.

What is the median home price in Lake George?

The median sale price was $454,104 in the three months ending August 31, 2026, about $397 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