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Is Olney Springs, CO 81062 a buyer’s or seller’s market?

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

Olney 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.

Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list93%Sold price ÷ list price
Median days on market192Listing to accepted offer
Median price per sq ft$122

The Olney Springs housing market right now

In the three months ending August 31, 2026, 0% of homes in Olney Springs, CO 81062 sold above their list price, the typical home went under contract in 192 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 2 sales, these figures can swing a lot from month to month.

Run the numbers for 81062

Prefilled for 81062Can I win this house?Multiple-offer likelihood for a listing Prefilled for 81062Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Ordway 81063Buyer’s market $129 /sq ftSugar City 81076Buyer’s market $112 /sq ft Browse all markets →

Towns like Olney Springs nearby

Find towns like Olney Springs in other states →
Ordway, CO81063 · 8 miles away88% similar6 min shorter commute Rocky Ford, CO81067 · 16 miles away60% similarpricier homes ($28K more) · larger La Junta, CO81050 · 23 miles away56% similarpricier homes ($72K more) · larger Avondale, CO81022 · 33 miles away46% similarpricier homes ($83K more) · smaller

Where Olney Springs is

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Questions about Olney Springs real estate

Is Olney Springs a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Olney Springs, CO 81062 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 Olney Springs?

The typical home went under contract in 192 days in the latest three months.

Do homes in Olney Springs sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 93.0% of the list price.

What are property taxes in Olney Springs?

About 0.45% of a home’s value a year in Crowley County, or roughly $1,800 on a $400,000 home.

What is the median home price in Olney Springs?

The median sale price was $176,624 in the three months ending August 31, 2026, about $122 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