Is Glenwood Springs, CO 81601 a buyer’s or seller’s market?

The Glenwood Springs housing market right now

In the three months ending August 31, 2026, 5% of homes in Glenwood Springs, CO 81601 sold above their list price, the typical home went under contract in 66 days and there were 4.6 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 67 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold more slowly (38 days then) and the median sale price rose 2% to $909,606. Overall, Glenwood Springs is less competitive than a year ago, which gives buyers more room.

Within Garfield County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 80%. On our competition score, Glenwood Springs ranks #217 of 239 CO ZIP codes with enough sales (score 15 out of 100).

Nearby, buyers who want less competition could look at Parachute 81635 (0% sold over asking), while Gypsum 81637 (28% sold over asking) and De Beque 81630 (25% sold over asking) are even more competitive.