Is Pitkin, CO 81241 a buyer’s or seller’s market?

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

Pitkin 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-list87%Sold price ÷ list price
Median days on market357Listing to accepted offer
Median price per sq ft$471▼ −14.2% vs. last year

The Pitkin housing market right now

In the three months ending August 31, 2026, 0% of homes in Pitkin, CO 81241 sold above their list price, the typical home went under contract in 357 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 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (1 days then) and the median sale price rose 13% to $604,738. Overall, Pitkin is less competitive than a year ago, which gives buyers more room.

Within Gunnison County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Cimarron 81220 (20% sold over asking) and Crested Butte 81224 (3% sold over asking) are even more competitive.

Nearby markets

Almont 81210Buyer’s market $635 /sq ftCimarron 81220Buyer’s market $328 /sq ftCrested Butte 81224Buyer’s market $691 /sq ftCrested Butte 81225Buyer’s market $965 /sq ft Browse all markets →

Where Pitkin is

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Questions about Pitkin real estate

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

A seller’s market: there were 3.2 months of supply in Pitkin, CO 81241 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 Pitkin?

The typical home went under contract in 357 days in the latest three months.

Do homes in Pitkin sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 87.0% of the list price.

What are property taxes in Pitkin?

About 0.29% of a home’s value a year in Gunnison County, or roughly $1,160 on a $400,000 home.

What is the median home price in Pitkin?

The median sale price was $604,738 in the three months ending August 31, 2026, about $471 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