Is Limon, CO 80828 a buyer’s or seller’s market?

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

Limon is a seller’s market. With about 3.7 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.

Months of supply3.7Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.4%Sold price ÷ list price
Median days on market63Listing to accepted offer
Median price per sq ft$151▲ +0.7% vs. last year

The Limon housing market right now

In the three months ending August 31, 2026, 0% of homes in Limon, CO 80828 sold above their list price, the typical home went under contract in 63 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 12 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold more slowly (39 days then) and the median sale price held steady to $279,879. Overall, Limon is less competitive than a year ago, which gives buyers more room.

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

Nearby, Rush 80833 (60% sold over asking) is even more competitive.

Nearby markets

Arriba 80804Buyer’s market $103 /sq ftGenoa 80818Buyer’s market $123 /sq ftHugo 80821Buyer’s market $42 /sq ftKarval 80823 — /sq ft Browse all markets →

Where Limon is

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Questions about Limon real estate

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

A seller’s market: there were 3.7 months of supply in Limon, CO 80828 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 Limon?

The typical home went under contract in 63 days in the latest three months.

Do homes in Limon sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.

What are property taxes in Limon?

About 0.44% of a home’s value a year in Lincoln County, or roughly $1,760 on a $400,000 home.

What is the median home price in Limon?

The median sale price was $279,879 in the three months ending August 31, 2026, about $151 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