Is Grand Junction, CO 81501 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Grand Junction is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score32/ 100

More competitive than 28% of U.S. ZIP codes, and #158 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 supply4.5Under 4 months = seller’s market
Sold above original list11.4%Share of sales, last 3 months
Median sale-to-list96.4%Sold price ÷ list price
Median days on market27Listing to accepted offer
Median price per sq ft$255▼ −1.1% vs. last year

The Grand Junction housing market right now

In the three months ending August 31, 2026, 11% of homes in Grand Junction, CO 81501 sold above their list price, the typical home went under contract in 27 days and there were 4.5 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. That’s based on 81 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (13% then), homes sold more slowly (21 days then) and the median sale price fell 5% to $355,611. Overall, Grand Junction is less competitive than a year ago, which gives buyers more room.

Within Mesa County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Grand Junction ranks #158 of 239 CO ZIP codes with enough sales (score 32 out of 100).

Nearby, buyers who want less competition could look at Mesa 81643 (0% sold over asking) or Collbran 81624 (0% sold over asking), while Whitewater 81527 (25% sold over asking) and Grand Junction 81503 (20% sold over asking) are even more competitive.

Nearby markets

Clifton 81520Balanced $261 /sq ftCollbran 81624Buyer’s market $431 /sq ftFruita 81521Seller’s market $294 /sq ftGateway 81522 — /sq ft Browse all markets →

Where Grand Junction is

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Questions about Grand Junction real estate

Is Grand Junction a buyer’s or seller’s market?

A balanced market: there were 4.5 months of supply in Grand Junction, CO 81501 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 Grand Junction?

The typical home went under contract in 27 days in the latest three months.

Do homes in Grand Junction sell over asking?

11% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.

What are property taxes in Grand Junction?

About 0.38% of a home’s value a year in Mesa County, or roughly $1,520 on a $400,000 home.

What is the median home price in Grand Junction?

The median sale price was $355,611 in the three months ending August 31, 2026, about $255 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