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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Craig has one ZIP code. It links to its live market dashboard.
Closest matches on asking price, price per square foot, days to sell, buyer demand, and price cuts.