Is Lewis, CO 81327 a buyer’s or seller’s market?
Lewis is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Lewis housing market right now
In the three months ending August 31, 2026, 0% of homes in Lewis, CO 81327 sold above their list price, the typical home went under contract in 373 days and there were 12.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. 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 (60 days then) and the median sale price fell 25% to $519,775. Overall, Lewis is less competitive than a year ago, which gives buyers more room.
Nearby, Cortez 81321 (13% sold over asking) and Mancos 81328 (11% sold over asking) are even more competitive.
Run the numbers for 81327
Nearby markets
Cortez 81321Buyer’s market $217 /sq ftMancos 81328Balanced $293 /sq ftPleasant View 81331Seller’s market $253 /sq ftYellow Jacket 81335 — /sq ft Browse all markets →Where Lewis is
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Questions about Lewis real estate
Is Lewis a buyer’s or seller’s market?
A buyer’s market: there were 12.8 months of supply in Lewis, CO 81327 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 Lewis?
The typical home went under contract in 373 days in the latest three months.
Do homes in Lewis sell over asking?
0% 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 Lewis?
About 0.29% of a home’s value a year in Montezuma County, or roughly $1,160 on a $400,000 home.
What is the median home price in Lewis?
The median sale price was $519,775 in the three months ending August 31, 2026, about $330 per square foot.
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More tools for 81327
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology