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Is Ridgway, CO 81432 a buyer’s or seller’s market?

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

Ridgway is a buyer’s market. With about 9.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score13/ 100

More competitive than 6% of U.S. ZIP codes, and #222 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 supply9.5Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.6%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$527▲ +11.4% vs. last year

The Ridgway housing market right now

In the three months ending August 31, 2026, 0% of homes in Ridgway, CO 81432 sold above their list price, the typical home went under contract in 43 days and there were 9.5 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 25 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (26 days then) and the median sale price rose 3% to $979,576. Overall, Ridgway is less competitive than a year ago, which gives buyers more room.

On our competition score, Ridgway ranks #222 of 239 CO ZIP codes with enough sales (score 13 out of 100).

Run the numbers for 81432

Prefilled for 81432Can I win this house?Multiple-offer likelihood for a listing Prefilled for 81432Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Ouray 81427Buyer’s market $291 /sq ft Browse all markets →

Towns like Ridgway nearby

Find towns like Ridgway in other states →
Montrose, CO81403 · 18 miles away50% similarcheaper homes ($321K less) · larger Norwood, CO81423 · 29 miles away42% similarlower income ($29K less) · cheaper homes ($411K less) Ouray, CO81427 · 9 miles away35% similarcheaper homes ($232K less) · smaller Crawford, CO81415 · 39 miles away33% similarlower income ($32K less) · cheaper homes ($505K less)

Where Ridgway is

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Questions about Ridgway real estate

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

A buyer’s market: there were 9.5 months of supply in Ridgway, CO 81432 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 Ridgway?

The typical home went under contract in 43 days in the latest three months.

Do homes in Ridgway sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.6% of the list price.

What are property taxes in Ridgway?

About 0.28% of a home’s value a year in Ouray County, or roughly $1,120 on a $400,000 home.

What is the median home price in Ridgway?

The median sale price was $979,576 in the three months ending August 31, 2026, about $527 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