Is Cahone, CO 81320 a buyer’s or seller’s market?
Cahone is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Cahone housing market right now
In the three months ending August 31, 2026, 25% of homes in Cahone, CO 81320 sold above their list price, the typical home went under contract in 312 days and there were 5.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (1,016 days then) and the median sale price fell 97% to $381,335. Overall, Cahone is more competitive than a year ago, so tougher for buyers.
Nearby, buyers who want less competition could look at Rico 81332 (0% sold over asking) or Dolores 81323 (0% sold over asking).
Run the numbers for 81320
Nearby markets
Dolores 81323Buyer’s market $291 /sq ftDove Creek 81324 — /sq ftEgnar 81325 — /sq ftRico 81332Buyer’s market $57 /sq ft Browse all markets →Where Cahone is
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Questions about Cahone real estate
Is Cahone a buyer’s or seller’s market?
A balanced market: there were 5.6 months of supply in Cahone, CO 81320 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 Cahone?
The typical home went under contract in 312 days in the latest three months.
Do homes in Cahone sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 92.8% of the list price.
What are property taxes in Cahone?
About 0.27% of a home’s value a year in Dolores County, or roughly $1,080 on a $400,000 home.
What is the median home price in Cahone?
The median sale price was $381,335 in the three months ending August 31, 2026, about $276 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