Is Grand Junction, CO 81505 a buyer’s or seller’s market?

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

Grand Junction is a seller’s market. With about 3.8 months of supply and 6% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score31/ 100

More competitive than 28% of U.S. ZIP codes, and #160 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 supply3.8Under 4 months = seller’s market
Sold above original list6.4%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market40Listing to accepted offer
Median price per sq ft$294▼ −3.4% vs. last year

The Grand Junction housing market right now

In the three months ending August 31, 2026, 6% of homes in Grand Junction, CO 81505 sold above their list price, the typical home went under contract in 40 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 80 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 16%, homes sold more slowly (30 days then) and the median sale price fell 11% to $452,204. Overall, Grand Junction is less competitive than a year ago, which gives buyers more room.

Within Mesa County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell less often over asking than in 64%. On our competition score, Grand Junction ranks #160 of 239 CO ZIP codes with enough sales (score 31 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 seller’s market: there were 3.8 months of supply in Grand Junction, CO 81505 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 40 days in the latest three months.

Do homes in Grand Junction sell over asking?

6% of homes sold above their original list price, and the typical sale closed at 98.0% 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 $452,204 in the three months ending August 31, 2026, about $294 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