Durango, CO Housing Market
AI-powered market intelligence for the Durango, CO metro area.
PropertyIQ Scores
Durango, CO Market Analysis
Market Overview
Durango’s PropertyIQ Score of 45 out of 100 signals a market that is leaning soft to moderate rather than strong. The score sits below the midpoint, and the underlying metrics show why: the local median home value is $689,390, which is roughly 28% above the state average of $538,932, while the median household income is $85,296, below the state average of $92,470. In other words, Durango home prices are significantly higher than the state norm, but local incomes are lower than the state norm. That mismatch creates affordability pressure and helps explain the below-average score.
At the same time, the market is not flashing severe weakness. The unemployment rate in Durango is 3.9%, matching the state average of 3.9%, and the rent index is $2,013, above the state average of $1,693. There are 545 homes for sale, and the median days on market is 67. The share of listings with a price cut is 20.4%, meaning roughly one in five active listings has reduced its asking price. Those conditions point to a market that is cooling or consolidating rather than collapsing.
Key Trends
One clear trend is flat-to-mixed home price momentum. The data shows a 12-month home value momentum figure of 5.76%, but a much cooler 3-month figure of 0.05%. The reported year-over-year change in median home value is -$6, which is essentially flat. Together, these numbers suggest that any longer-term price growth has lost steam and that the median home value has stabilized around $689,390 rather than continuing to rise.
A second trend is rising buyer leverage through inventory and price reductions. With 545 homes for sale and a median of 67 days on market, homes are not turning over especially quickly. The 20.4% share of listings with a price cut reinforces that sellers are adjusting expectations. Compared with the state’s lower median home value of $538,932, Durango’s higher price point may be encountering resistance, even with a strong local unemployment rate of 3.9%.
A third trend is an affordability gap. Durango’s median home value of $689,390 is about $150,000 higher than the state average, while its median household income of $85,296 is about $7,000 lower than the state average of $92,470. That means a typical local household is likely stretched at the median price point. Rents are also elevated: the local rent index of $2,013 compares with $1,693 statewide, which can make saving for a down payment harder even though rental demand may remain steady.
A fourth trend is a rental market that remains relatively firm. The rent index of $2,013 exceeds the state average, and the unemployment rate is on par with the state at 3.9%. That can support investor interest, particularly for rental property, because steady employment and above-state-average rents are useful signals. However, the high median home value means investors are paying more per door, so cash-flow assumptions need to account for the gap between local rents and purchase prices.
Who Is This Market For
Durango’s current profile is likely most suitable for buyers and investors who are not heavily dependent on local wage income at the median level. Because the median home value of $689,390 is well above the state average of $538,932 and the local median household income of $85,296 is below the state average of $92,470, first-time buyers using typical local incomes may find it difficult to qualify for or comfortably afford a median-priced home. The market may be more realistic for move-up buyers with existing equity, remote workers with higher incomes, or cash-rich lifestyle buyers who value the area’s specific appeal and can tolerate flat price momentum.
For investors, the market offers mixed signals. The rent index of $2,013 is above the state average of $1,693, and the unemployment rate matches the state at 3.9%, which supports rental demand. But the median home value of $689,390 is high, and price movement appears flat. Investors who focus on long-term rental income may find opportunities, especially given that 20.4% of listings have price cuts and the median days on market is 67, which gives buyers some negotiation room. However, those looking for short-term appreciation may not find the current momentum compelling.
This market is less clearly suited to first-time buyers and highly leveraged short-term flippers. The combination of above-state home values, below-state median income, and flat year-over-year price movement means there is limited cushion for buyers who need prices to rise quickly or who are stretching financially. The data does not include population growth, so it is hard to argue that a demographic surge will quickly absorb inventory.
Outlook
The most data-grounded expectation for Durango is for continued moderation. The 3-month home value momentum of 0.05% and the year-over-year median home value change of -$6 point to a flat price environment rather than a steep decline or a new surge. The 545 homes for sale, 67-day median market time, and 20.4% share of listings with a price cut suggest that buyers have enough choice to be selective and that sellers may need to remain flexible on price. At the same time, the unemployment rate of 3.9% and rent index of $2,013 indicate that the local economy and rental market have not fallen out from under the housing market. The main constraint is affordability: with a median home value of $689,390 and median household income of $85,296, Durango’s price levels are high relative to local incomes, which may keep a ceiling on demand. Population growth is not available in the data, so the outlook cannot rely on a demographic demand boost. Overall, the market appears likely to remain soft-to-modest, consistent with its 45/100 PropertyIQ Score.
AI-generated analysis based on current market data. Last updated September 7, 2026.
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Durango, CO market data
Durango, CO Housing Market Overview
Durango, CO's median home value is $689K, up 5.8% over the past year. Homes here sell in a median 67 days. Its PropertyIQ Score of 45 sits modestly below the state average of 50.
Understanding the Durango, CO housing market requires looking beyond headline price figures. The PropertyIQ Score reads both sides of market strength: Zillow price momentum across 3- and 12-month windows, and Realtor.com flow signals — days on market and the share of listings with price cuts. Together they predict how this CO metro is set to perform relative to the rest of its state.
Mountain West markets combine outdoor lifestyle appeal with booming tech and remote-work migration. Cities across Colorado, Utah, Arizona, and Nevada have experienced some of the nation's fastest appreciation, though rising interest rates have introduced new dynamics to these previously red-hot markets. Within the Mountain West, Durango, CO's PropertyIQ Score of 45 runs below the Mountain West norm.
Colorado's housing market reflects the state's appeal to remote workers and outdoor enthusiasts. Denver's tech sector growth has pushed prices into new territory while mountain communities face their own supply challenges.
Each month, PropertyIQ updates its score for Durango, CO using four inputs: Zillow ZHVI twelve-month and three-month momentum, Realtor.com median days on market, and the Realtor.com share of listings with price cuts. These four signals are combined into a single 1 to 99 score computed across all metro markets and calibrated so 50 represents the state average, making it a direct read of how this market is positioned to perform relative to its state. Momentum here has been positive, with home values up 5.8% over the past year.
Use PropertyIQ's interactive analytics to compare Durango, CO against any other US metro on its PropertyIQ Score and underlying metrics. Generate a free AI market report, explore historical trends on the graphs page, or see how this market ranks on the scores dashboard.
Counties in the Durango, CO metro area
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Market data through July 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Durango, CO a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Durango, CO currently scores 45, a easing-momentum reading that leaves it positioned to lag its state modestly over the next three years. For buyers, softening demand tends to open up negotiating room as listings sit longer and price cuts become more common. Backing that up, the median home value here is $689K, up 5.8% over the past year. So whether Durango, CO is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Durango, CO?
Durango, CO's PropertyIQ Score is 45, indicating easing momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 45 places Durango, CO below its state benchmark.
Are home prices in Durango, CO rising or falling?
Home prices in Durango, CO are rising. Over the past year, the median home value increased 5.8%, reaching $689K. Over the latest three months, values moved up 0.0%, a sign near-term demand remains firm. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Durango, CO's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Durango, CO?
In Durango, CO, homes sell in a median of 67 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 20% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Durango, CO market data is refreshed on a monthly cycle, with the latest figures current through July 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.