Is Paonia, CO 81428 a buyer’s or seller’s market?
Paonia is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 5% of U.S. ZIP codes, and #234 of 248 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 July 31, 2026. See the breakdown
The Paonia housing market right now
In the three months ending August 31, 2026, 0% of homes in Paonia, CO 81428 sold above their list price, the typical home went under contract in 71 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 8 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 8%, homes sold more slowly (55 days then) and the median sale price fell 9% to $489,788. Overall, Paonia is less competitive than a year ago, which gives buyers more room.
Within Delta County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Austin 81410 (20% sold over asking) and Delta 81416 (7% sold over asking) are even more competitive.
Run the numbers for 81428
Nearby markets
Austin 81410Balanced $213 /sq ftCedaredge 81413Balanced $245 /sq ftDelta 81416Balanced $262 /sq ftEckert 81418Buyer’s market $203 /sq ft Browse all markets →Towns like Paonia nearby
Find towns like Paonia in other states →Where Paonia is
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Questions about Paonia real estate
Is Paonia a buyer’s or seller’s market?
A buyer’s market: there were 8 months of supply in Paonia, CO 81428 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 Paonia?
The typical home went under contract in 71 days in the latest three months.
Do homes in Paonia sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.9% of the list price.
What are property taxes in Paonia?
About 0.31% of a home’s value a year in Delta County, or roughly $1,240 on a $400,000 home.
What is the median home price in Paonia?
The median sale price was $489,788 in the three months ending August 31, 2026, about $279 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