Is Redvale, CO 81431 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Redvale is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Redvale housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

San Miguel County, CO

Population	745
Median income	$83,304
Average income	$100,485
Median home value	$262,500
Owner-occupied	93% of homes
Median year built	1994
Walkability	5.3 of 20 · least walkable

Natural hazard riskWildfire (moderate), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 81431; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA); walkability from the EPA National Walkability Index.

Run the numbers for 81431

Prefilled for 81431Can I win this house?Multiple-offer likelihood for a listing Prefilled for 81431Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Norwood 81423Buyer’s market $292 /sq ft Ophir 81426Seller’s market $635 /sq ft Placerville 81430 — /sq ft Telluride 81435Buyer’s market $1,306 /sq ft Browse all markets →

Where Redvale is

Loading map…

Questions about Redvale real estate

What are property taxes in Redvale?

About 0.26% of a home’s value a year in San Miguel County, or roughly $1,040 on a $400,000 home.

Local agents

See all agents in 81431 →

No sponsored agents in 81431 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 81431

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value San Miguel County property taxes San Miguel County loan limits Closing costs in Colorado Hottest ZIP codes in Colorado

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="81431"><a href="https://offerbacked.com/market/81431">Redvale, CO 81431 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview Dark version

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology