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.
The median asking price in Durango is about $903,000 as of Sep 2026, down 5.2% from a year ago. The typical listing is 5% smaller than a year ago, and asking price per square foot is up 2.0%. 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).
Only on the right house. Neither side has the upper hand in Durango right now. The signals split. Compared with 2017–2019 at this time of year, there are 23% fewer homes for sale, but there are 13 pending sales per 100 listings, against 17 then. The market will not hand you a discount. You have to find it in one specific listing.
Durango asking prices per square foot were above the year before in 89% of months since the data starts. Within a year, the cheapest and priciest months differ by about 11.7%. That is bigger than the yearly trend, so timing your purchase matters here. Nothing in Durango's numbers is far from its own normal. Your return comes from the property and the price you negotiate.
The median asking price is 20.2% below its Oct 2021 peak. Per square foot the gap is smaller: 2.4% below the Apr 2026 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. Durango prices have risen in 99 of the last 111 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.
This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.
For every 100 homes still for sale, 13 are under contract. In 2017–2019 at this time of year it was 17. The rest are still waiting for a buyer. About 1 in 5 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 Durango listing has been on the market 90 days. There are 401 homes for sale in Durango. That is 6.0 times the tightest month on record, but below the peak of 537. Supply is growing against last year.
Across 9 full years, Durango asking prices ran lowest in February, about 7.5% below the year's average. They peaked in June. The most homes for sale show up in July, about 22% above the yearly average. Shop in July for choice, and expect the softest asking prices in February.
In Durango, 33 out of every 100 households rent. Most own their home. The renter share is growing. Five years ago it was 32 in 100. Durango added about 900 renter households in five years. Renter households average 1.9 people. Singles and couples rent here. Two bedrooms beat four.
Households grew 14% in five years. The housing stock grew 5%. Demand is outrunning supply. 16.1% of homes sit empty. Tenants have options. Budget extra weeks of vacancy between leases.
The median Durango household earns $84,881 a year. Incomes here have grown 3.4% a year since 2019. Home prices have outrun incomes. Locals are being priced out. A typical home costs 10.6 times the median income. Most locals cannot buy. That keeps rental demand deep. It also caps the rent they can pay. At 30% of income, a tenant on the median income can pay about $2,122 a month.
To see what one Durango address would rent for and cash flow, run it through the app.
Read how rent-to-price works and how we read these numbers, then run the numbers on a deal.
The median asking price in Durango is about $903,000 as of Sep 2026, down 5.2% from a year ago. The typical listing is 5% smaller than a year ago, and asking price per square foot is up 2.0%. 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 Durango figures cover the 3 ZIP codes with a Durango mailing address, which can reach past city limits.
Neither side has the upper hand in Durango right now. We compare Durango with 2017–2019 at this time of year: there are 23% fewer homes for sale; there are 13 pending sales per 100 listings, against 17 then; 20% of sellers have cut their price, against 17% then.
The median asking price is 20.2% below its Oct 2021 peak. Per square foot the gap is smaller: 2.4% below the Apr 2026 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.
Assume +4.7% a year. Durango grew 7.7% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, Durango grows about 4.7% a year. That is the number to type in. Prices rose 2.0% over the last year. Use it for timing. The five-year rate is the better guide.
HUD's fiscal year 2026 fair market rent for La Plata County is $1,589 a month for 2 bedrooms and $1,942 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.
Durango has three ZIP codes. Each links to its live market dashboard.
Closest matches on asking price, price per square foot, time on market, buyer demand, and price cuts.
.png)
