Is Cotopaxi, CO 81223 a buyer’s or seller’s market?
Cotopaxi is a buyer’s market. With about 13.9 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 2% of U.S. ZIP codes, and #241 of 248 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 July 31, 2026. See the breakdown
The Cotopaxi housing market right now
In the three months ending August 31, 2026, 0% of homes in Cotopaxi, CO 81223 sold above their list price, the typical home went under contract in 79 days and there were 13.9 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 12 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (87 days then) and the median sale price fell 6% to $427,315. Overall, Cotopaxi is about as competitive as it was a year ago.
Within Fremont County, homes here sell faster than in 60% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Penrose 81240 (7% sold over asking) and Canon City 81212 (7% sold over asking) are even more competitive.
Run the numbers for 81223
Nearby markets
Canon City 81212Balanced $226 /sq ftCoal Creek 81221Seller’s market $150 /sq ftFlorence 81226Buyer’s market $224 /sq ftHoward 81233Seller’s market $335 /sq ft Browse all markets →Towns like Cotopaxi nearby
Find towns like Cotopaxi in other states →Where Cotopaxi is
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Questions about Cotopaxi real estate
Is Cotopaxi a buyer’s or seller’s market?
A buyer’s market: there were 13.9 months of supply in Cotopaxi, CO 81223 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 Cotopaxi?
The typical home went under contract in 79 days in the latest three months.
Do homes in Cotopaxi sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.
What are property taxes in Cotopaxi?
About 0.36% of a home’s value a year in Fremont County, or roughly $1,440 on a $400,000 home.
What is the median home price in Cotopaxi?
The median sale price was $427,315 in the three months ending August 31, 2026, about $355 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