Glenwood Springs housing market

Buyer's marketGlenwood Springs, CO metro areaData through Sep 2026
Typical home value
$979K
▲ 4.8% 1 yr
Typical rent
$3,111/mo
▲ 1.7% 1 yr
12-month forecast
+2.1%
#265 of 546 metros
Gross rent yield
3.8%
#523 of 546 · U.S. 6.3%
Days to pending
82 days
▲ +8 days 1 yr
Listings with a price cut
24%
▲ +3.3 pts 1 yr

Key takeaways

  • 1The typical home is worth $978,915, up 4.8% in a year and up 38% over five years.
  • 2Zillow forecasts home values rising 2.1% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $3,111/mo (+1.7% YoY), a 3.8% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $5,380/mo in principal and interest, $2,269 more than renting.
  • 5Homes go under contract in 82 days (+8 days vs last year); 24% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 34/100, #384 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $979K
$500K$648K$797K$946K2016201920222025
Typical monthly rent
Latest $3,111
$1,457$1,981$2,506$3,0302016201920222025

How fast homes are selling

Days to go under contract
Latest 82
286410113720182020202220242026
Share of listings with a price cut
Latest 24.1%
6.7%12.1%17.5%22.9%20182020202220242026
Homes for sale vs new listings
Latest 704
For saleNew listings
1384487581,06820182020202220242026
Share of homes sold above list price
Latest 12.4%
5.3%14.9%24.4%34.0%20182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Glenwood Springs compares

MeasureGlenwood SpringsUnited StatesRank of 546
Home value, 1-yr change+4.8%+1.2%#82
Home value, 5-yr change+38.2%+19.7%
12-month forecast+2.1%+1.1%#265
Rent, 1-yr change+1.7%+2.7%#431
Gross rent yield3.8%6.3%#523
Price-to-rent ratio26.215.8
Mortgage P&I on typical home$5,380$2,012
Days to pending8256

Run the numbers

Other Colorado metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.