Is Crested Butte, CO 81224 a buyer’s or seller’s market?

The Crested Butte housing market right now

In the three months ending August 31, 2026, 3% of homes in Crested Butte, CO 81224 sold above their list price, the typical home went under contract in 26 days and there were 7.3 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 34 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 12%, homes sold faster (39 days then) and the median sale price fell 6% to $1,449,373. Overall, Crested Butte is less competitive than a year ago, which gives buyers more room.

Within Gunnison County, homes here sell faster than in 63% of the county’s ZIP codes, and sell more often over asking than in 88%. On our competition score, Crested Butte ranks #200 of 239 CO ZIP codes with enough sales (score 20 out of 100).

Nearby, buyers who want less competition could look at Somerset 81434 (0% sold over asking) or Powderhorn 81243 (0% sold over asking), while Cimarron 81220 (20% sold over asking) is even more competitive.