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Dynamic.RE · SFR Market Intelligence

Craig, 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
Under 0.90 buyers per home for sale, sellers compete for buyers. Craig sits at 0.20, with 22% of sellers already cutting their price.
Median list price
$349,975
-4.8%
Demand : Supply
0.20
Days on market
76 days
Time to go under contract

Yes, if you negotiate. Buyers have the upper hand in Craig right now.

You have the upper hand in Craig. Most homes for sale still have no buyer. Many sellers have already dropped their price once. Sellers are competing for you. Use it.

01
The market at a glance
Median $ / sqft
$188
Active inventory
101
New listings / mo
20
Days on market
76 days
Price-cut share
21.5%
Pending sales
20
02
Where we are in the cycle
Median asking price
$349,975
17% below the Jun 2024 peak of $420K
Homes for sale
101
3.7× the Mar 2024 low of 27
Days to sell
76 days
2.6× slower than the 29-day May 2023 low
03
The renter economy
31%
Renter share · of occupied homes
10.6%
Vacant homes · all units
$75.8K
Median household income
4.6×
Price-to-income · list ÷ income
04
What this means for investors

How much can you negotiate in Craig?

Only 20 out of every 100 homes for sale have found a buyer. The other 80 are still waiting. Your offer may be the only one on the table. About 1 in 5 sellers has already dropped their price. Each one has learned their first price was too high. Start below their new price, not their old one.

A typical Craig home takes 76 days to find a buyer. Half of them take even longer. That is 17% faster than a year ago. Those sellers are paying to own a house they want to sell. Search for homes listed 90+ days ago. There are 101 homes for sale in Craig. That is 3.7 times the tightest month on record, but below the peak of 175. Supply is growing against last year.

What to do about it

  • Search Craig homes listed 90+ days ago that have already cut their price.
  • Offer below the reduced price.
  • Keep your inspection and financing contingencies.
  • Ask the seller to pay closing costs.
  • You can lose a few offers here and still win.

Is now a good time to buy in Craig?

Asking prices are 16.7% below their Jun 2024 peak. You are not buying at the top. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower. Craig prices have risen in 83 of the last 111 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.

There is no rush. Prices are still coming down. Watch the homes you like. Come back after they cut. Let the seller move first.

Who will rent from you in Craig?

In Craig, 31 out of every 100 households rent. Most own their home. The renter share is shrinking. Five years ago it was 36 in 100. Renter households average 2.1 people. Singles and couples rent here. Two bedrooms beat four.

Households held flat in five years. The housing stock shrank 1%. Demand is outrunning supply. 10.6% of homes sit empty. Tenants have options. Budget extra weeks of vacancy between leases.

The median Craig household earns $75,812 a year. Incomes here have grown 5.6% a year since 2019. Incomes and home prices are rising in step. A typical home costs 4.6 times the median income. That is the national middle. Neither cash flow nor appreciation is free here. A tenant on the median income can pay about $1,895 a month. That is the standard 30% affordability line. Rents above it thin your tenant pool fast.

That is the market, not your address. Run an address through the app to see its rent estimate and cash flow.

What numbers should you underwrite a Craig deal with?

  • Price growth to assume — +5.6%/yr. Craig has grown about 5.6% a year for five years and for ten. That is a durable trend, not a boom artifact. It is a fair long-run input. Prices fell 6.5% over the last year. That is a timing signal, not a trend.
  • Months of carrying cost — 3. A typical home takes 76 days to sell. Budget that long when you exit or refinance.
  • Odds you cut your price to sell — 1 in 5. About 22% of homes on the Craig market right now have already cut their asking price. Assume you are one of them when you sell. Do not underwrite an exit at your asking price.
  • Comp on this, not median price — $188/sqft. The average listing runs +4% above the median. Luxury homes skew it. Comp your own size class per sqft.
  • Competition when you exit — +20%. That is how much the number of homes for sale grew in a year. Your resale will face a bigger crowd than today's comps did.
  • Price-to-income ratio — 4.6×. A typical home costs 4.6 times the median income. That is the national middle. Neither cash flow nor appreciation is free here. Incomes and home prices are rising in step.
  • Tenant rent ceiling — $1,895/mo. 30% of the median household income of $75,812. Rents above this line shrink your tenant pool fast.
05
Frequently asked questions

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

Yes, if you negotiate. Buyers have the upper hand in Craig right now. 20 out of every 100 homes for sale have a buyer, 22% of sellers have cut their price, and a typical home takes 76 days to sell.

Are Craig home prices going up or down?

Asking prices are 16.7% below their Jun 2024 peak. You are not buying at the top. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower.

What price growth should I assume for Craig?

Assume +5.6% a year. Craig has grown about 5.6% a year for five years and for ten. That is a durable trend, not a boom artifact. It is a fair long-run input. Prices fell 6.5% over the last year. That is a timing signal, not a trend.

How fast are homes selling in Craig?

A typical Craig home takes 76 days to find a buyer. Half of them take even longer. That is 17% faster than a year ago. Those sellers are paying to own a house they want to sell. Search for homes listed 90+ days ago.

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

In Craig, 31 out of every 100 households rent. Most own their home. The renter share is shrinking. Five years ago it was 36 in 100. 10.6% of homes sit empty. Tenants have options. Budget extra weeks of vacancy between leases.

What rent can Craig tenants afford?

A tenant on the median income can pay about $1,895 a month. That is the standard 30% affordability line. Rents above it thin your tenant pool fast. The median Craig household earns $75,812 a year.

06
ZIP-level detail

Which ZIP codes are in Craig?

Craig has one ZIP code. It links to its live market dashboard.

  • 81625101 for sale · 22% cutting · 76 daysOnly 20 out of 100 homes here have a buyer.
07
Where else to look

Markets similar to Craig

Closest matches on asking price, price per square foot, days to sell, buyer demand, and price cuts.

  • Pueblo, CO — $327,382 median, 72 days, 0.19 buyers per home
  • Montrose, CO — $636,338 median, 91 days, 0.15 buyers per home
  • Greeley, CO — $430,050 median, 55 days, 0.29 buyers per home
  • Durango, CO — $904,243 median, 90 days, 0.13 buyers per home
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