Is Bayfield, CO 81122 a buyer’s or seller’s market?

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

Bayfield is a buyer’s market. With about 6.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score17/ 100

More competitive than 10% of U.S. ZIP codes, and #210 of 239 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply6.1Under 4 months = seller’s market
Sold above original list4.2%Share of sales, last 3 months
Median sale-to-list97%Sold price ÷ list price
Median days on market49Listing to accepted offer
Median price per sq ft$322▲ +5.5% vs. last year

The Bayfield housing market right now

In the three months ending August 31, 2026, 4% of homes in Bayfield, CO 81122 sold above their list price, the typical home went under contract in 49 days and there were 6.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 49 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 11%, homes sold more slowly (29 days then) and the median sale price rose 5% to $599,241. Overall, Bayfield is less competitive than a year ago, which gives buyers more room.

Within La Plata County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in 75%. On our competition score, Bayfield ranks #210 of 239 CO ZIP codes with enough sales (score 17 out of 100).

Nearby, buyers who want less competition could look at Hesperus 81326 (0% sold over asking), while Ignacio 81137 (33% sold over asking) and Durango 81301 (14% sold over asking) are even more competitive.

Nearby markets

Durango 81301Buyer’s market $506 /sq ftDurango 81303Buyer’s market $403 /sq ftHesperus 81326Buyer’s market $413 /sq ftIgnacio 81137Balanced $372 /sq ft Browse all markets →

Where Bayfield is

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Questions about Bayfield real estate

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

A buyer’s market: there were 6.1 months of supply in Bayfield, CO 81122 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 Bayfield?

The typical home went under contract in 49 days in the latest three months.

Do homes in Bayfield sell over asking?

4% of homes sold above their original list price, and the typical sale closed at 97.0% of the list price.

What are property taxes in Bayfield?

About 0.26% of a home’s value a year in La Plata County, or roughly $1,040 on a $400,000 home.

What is the median home price in Bayfield?

The median sale price was $599,241 in the three months ending August 31, 2026, about $322 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