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Dynamic.RE · SFR Market Intelligence

Boulder, Colorado Housing Market

Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.

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Data through
Sep 2026
Dynamic.RE Verdict
Buyer's Market
Buyers have more room than usual. We compare Boulder with 2017–2019 at this time of year: there are 19 pending sales per 100 listings, against 45 then; there are 49% more homes for sale; the typical listing has been up 15% more days.
Median list price
$1,059,713
-10.7%
Demand : Supply
0.19
Days on market
62 days
Time to go under contract

The median asking price in Boulder is about $1,060,000 as of Sep 2026, down 10.7% from a year ago. The typical listing is 13% smaller than a year ago, and asking price per square foot is down 0.6%. So the size of homes on the market explains much of the drop. That is the asking price on listed homes, so sold-price and home-value sites show different numbers (why).

Yes, if you negotiate. Buyers have more room in Boulder than usual. Compared with 2017–2019 at this time of year, there are 19 pending sales per 100 listings, against 45 then, and there are 49% more homes for sale. Sellers are competing harder for you than they used to. Use it.

01
The market at a glance
Median $ / sqft
$564
Active inventory
641
New listings / mo
172
Days on market
62 days
Price-cut share
23.1%
Pending sales
121
02
Where we are in the cycle
Median asking price
$1,059,713
43% below the Apr 2023 peak of $1859K
Homes for sale
641
8.2× the Feb 2022 low of 78
Days to sell
62 days
3.3× the 19-day May 2022 low
03
The renter economy
47%
Renter share · of occupied homes
6.3%
Vacant homes · all units
$94.5K
Median household income
11.7×
Price-to-income · list ÷ income
04
What this means for investors

What stands out in Boulder?

  • 19 homes are under contract for every 100 still for sale: among the fewest homes under contract per listing of 584 tracked cities. Demand is light. Your offer may be the only one.
  • The median asking price is $1,059,713: one of the priciest of 765 tracked cities. Entry costs are high, so cash flow is harder. Price growth has to do more of the work.
  • Asking price per square foot has moved +0.1% a year over five years: among the weakest five-year price growth of 765 tracked cities. Appreciation has been weak, so buy for cash flow.

How much more is for sale in Boulder than before the pandemic?

There are 641 homes for sale in Boulder, 49% more than in 2017–2019 at this time of year. The build-up is biggest in 80302 (185 for sale, 57% above its 2017–2019 level) and 80301 (143 for sale, 50% above its 2017–2019 level). More choice means you can walk away from any home priced for the market of three years ago.

What does a shrinking population mean for Boulder landlords?

The population in Boulder's ZIP codes fell 1.3% over five years. 6.3% of homes are vacant, lower than most tracked cities. Households still grew 4.3% while the housing stock grew 4.5%. Fewer people living in more households means rental demand has held up better than the population suggests. Check vacancy by ZIP before you buy.

How much can you negotiate in Boulder?

For every 100 homes still for sale, 19 are under contract. In 2017–2019 at this time of year it was 45. The rest are still waiting for a buyer. About 1 in 4 sellers has already dropped their price. Each one has learned their first price was too high. Start your offer below their new price.

The typical Boulder listing has been on the market 62 days. That is 14% shorter than a year ago. There are 641 homes for sale in Boulder. That is 8.2 times the tightest month on record, but below the peak of 716. Supply is steady against last year.

What to do about it

  • Start in 80301, 80302, and 80303, the softest ZIP codes in Boulder: in 80301, 28% of sellers have cut and the typical listing has been up 65 days.
  • Filter for listings older than 90 days with a price cut, and offer below the reduced price.
  • Keep your inspection and financing contingencies.

How does Boulder compare with other Colorado markets?

Ranked among the 38 Colorado markets we track:

  • Asking price: 7th priciest of 38. Boulder is at $1,059,713. Closest: Winter Park and Glenwood Springs.
  • Buyer competition: 5th least competitive of 33. Boulder is at 0.19 buyers per home. Closest: Glenwood Springs and Dillon.
  • Time on market: 18th shortest time on market of 38. Boulder is at a median of 62 days on market. Closest: Commerce City and Castle Rock.
  • Price cuts: 14th fewest price cuts of 38. Boulder is at 23% of sellers cutting. Closest: Dillon and Craig.

Is now a good time to buy in Boulder?

The median asking price is 43.0% below its Apr 2023 peak. Per square foot the gap is smaller: 19.3% below the Apr 2023 high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller. Boulder prices rose in only 74 of the last 111 months. This market goes up and down. Timing matters here. Growth will not rescue a bad price.

The discount is already here. It is not getting bigger. Buy now while sellers are still weak. Waiting for a lower price stopped working a year ago.

When do Boulder prices dip?

Across 9 full years, Boulder asking prices ran lowest in August, about 6.3% below the year's average. They peaked in February. The most homes for sale show up in August, about 28% above the yearly average. August gives you both: lower asking prices and the most homes to choose from.

What numbers should you underwrite a Boulder deal with?

  • Price growth to assume — +0.1%/yr. Boulder grew 4.6% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, Boulder prices are flat. Assume no growth. Prices fell 0.6% over the last year. Use it for timing. The five-year rate is the better guide.
  • Comp on price per square foot — $564/sqft. The typical Boulder listing shrank from 3,064 to 2,027 sqft since Jul 2016. So median price hides real growth: 57% per sqft versus 9% on the median. Comp on median price and you will overpay for small homes.

Read what days on market tells you about leverage and how we read these numbers, then run the numbers on a deal.

05
Frequently asked questions

What is the median home price in Boulder?

The median asking price in Boulder is about $1,060,000 as of Sep 2026, down 10.7% from a year ago. The typical listing is 13% smaller than a year ago, and asking price per square foot is down 0.6%. So the size of homes on the market explains much of the drop. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Boulder figures cover the 11 ZIP codes with a Boulder mailing address, which can reach past city limits.

Is Boulder a buyer's or seller's market in 2026?

Buyers have more room in Boulder than usual. We compare Boulder with 2017–2019 at this time of year: there are 19 pending sales per 100 listings, against 45 then; there are 49% more homes for sale; the typical listing has been up 15% more days.

Are Boulder home prices going up or down?

The median asking price is 43.0% below its Apr 2023 peak. Per square foot the gap is smaller: 19.3% below the Apr 2023 high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller.

Is Boulder a renters' market or an owners' market?

In Boulder, 47 out of every 100 households rent. That is nearly half. The renter share is growing. Five years ago it was 45 in 100. 6.3% of homes sit empty. That is normal for a healthy market.

What rent can Boulder tenants afford?

At 30% of income, a tenant on the median income can pay about $2,362 a month. The median Boulder household earns $94,462 a year.

Which Boulder ZIP code has the most negotiating room?

80301. Only 15 homes under contract for every 100 still for sale. 28% of sellers there have cut their price, and the typical listing has been up 65 days.

What is the fair market rent in Boulder?

HUD's fiscal year 2026 fair market rent for Boulder County is $2,124 a month for 2 bedrooms and $2,820 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.

06
ZIP-level detail

Where buyers have the most leverage in Boulder

  • 80301143 for sale · 28% cutting · 65 daysOnly 15 homes under contract for every 100 still for sale.
  • 80302185 for sale · 24% cutting · 66 daysOnly 15 homes under contract for every 100 still for sale.
  • 80303103 for sale · 22% cutting · 62 daysOnly 25 homes under contract for every 100 still for sale.
  • 80304162 for sale · 15% cutting · 60 daysOnly 19 homes under contract for every 100 still for sale.
  • 8030548 for sale · 34% cutting · 47 daysOnly 29 homes under contract for every 100 still for sale.

Where Boulder prices are climbing fastest

ZIP 80301 is on both lists. That is rare. It is the one place in Boulder where leverage and growth overlap.

ZIP$/sqft, 2 yrs$/sqft nowBuyers per homeFor sale
80305-2.4%$5840.2948
80303-4.5%$4890.25103
80302-7.1%$7030.15185
80304-8.1%$6100.19162
80301-12.2%$3800.15143

Computed from each ZIP's own ten-year history. ZIPs with fewer than 10 homes for sale are excluded: a median across a handful of listings is noise, not a signal.

Which ZIP codes are in Boulder?

Boulder has eleven ZIP codes. Each links to its live market dashboard.

  • 80301143 for sale · 28% cutting · 65 daysOnly 15 homes under contract for every 100 still for sale.
  • 80302185 for sale · 24% cutting · 66 daysOnly 15 homes under contract for every 100 still for sale.
  • 80303103 for sale · 22% cutting · 62 daysOnly 25 homes under contract for every 100 still for sale.
  • 80304162 for sale · 15% cutting · 60 daysOnly 19 homes under contract for every 100 still for sale.
  • 8030548 for sale · 34% cutting · 47 daysOnly 29 homes under contract for every 100 still for sale.
  • 80306No homes listed for sale right now
  • 80307No homes listed for sale right now
  • 80308No homes listed for sale right now
  • 80309No homes listed for sale right now
  • 80310No homes listed for sale right now
  • 80314No homes listed for sale right now
07
Where else to look

Markets similar to Boulder

Closest matches on asking price, price per square foot, time on market, buyer demand, and price cuts.

  • Dillon, CO — $799,225 median, 89 days on market, 23% of sellers cutting
  • Durango, CO — $903,213 median, 90 days on market, 20% of sellers cutting
  • Golden, CO — $834,739 median, 65 days on market, 30% of sellers cutting
  • Silverthorne, CO — $942,500 median, 81 days on market, 25% of sellers cutting
See what a Boulder property is actually worth
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