Is Durango, CO 81303 a buyer’s or seller’s market?

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

Durango 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 11% of U.S. ZIP codes, and #209 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 list5%Share of sales, last 3 months
Median sale-to-list97.2%Sold price ÷ list price
Median days on market51Listing to accepted offer
Median price per sq ft$403▼ −6.4% vs. last year

The Durango housing market right now

In the three months ending August 31, 2026, 5% of homes in Durango, CO 81303 sold above their list price, the typical home went under contract in 51 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 21 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold more slowly (39 days then) and the median sale price fell 8% to $760,421. Overall, Durango is less competitive than a year ago, which gives buyers more room.

Within La Plata County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 50%. On our competition score, Durango ranks #209 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

Bayfield 81122Buyer’s market $322 /sq ftDurango 81301Buyer’s market $506 /sq ftHesperus 81326Buyer’s market $413 /sq ftIgnacio 81137Balanced $372 /sq ft Browse all markets →

Where Durango is

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Questions about Durango real estate

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

A buyer’s market: there were 6.1 months of supply in Durango, CO 81303 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 Durango?

The typical home went under contract in 51 days in the latest three months.

Do homes in Durango sell over asking?

5% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.

What are property taxes in Durango?

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 Durango?

The median sale price was $760,421 in the three months ending August 31, 2026, about $403 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