Silverthorne, Colorado Housing Market

What stands out in Silverthorne?

• 46.3% of homes are vacant: among the highest vacancy of 765 tracked cities. Tenants have choices. Budget extra vacancy.
• Against its own 2017–2019, Silverthorne leans further toward buyers than most tracked cities: among the strongest buyers’ markets against their own normal of 765 tracked cities. Buyers have unusual room right now.
• Asking price per square foot is down 7.4% on the year: among the fastest-falling asking prices per square foot of 765 tracked cities. Falling asking prices give you room to offer below list.

How far have Silverthorne prices fallen?

Asking price per square foot in Silverthorne is 24.0% below its Feb 2024 high and down 7.4% over the last year. Prices were above the year before in 73% of months since the data starts, so this market has climbed back from drops before. 25% of sellers have cut their price. Underwrite with no price growth for now and let the seller carry the next cut.

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

There are 198 homes for sale in Silverthorne, 87% more than in 2017–2019 at this time of year. That count is up 3% on last year, with 26 new listings this month. More choice means you can walk away from any home priced for the market of three years ago.

Is now a good time to buy in Silverthorne?

The median asking price is 22.0% below its Nov 2016 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. Silverthorne prices have risen in 81 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.

How much can you negotiate in Silverthorne?

For every 100 homes still for sale, 30 are under contract. In 2017–2019 at this time of year it was 81. 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 Silverthorne listing has been on the market 81 days. That is 16% shorter than a year ago. There are 198 homes for sale in Silverthorne. That is 6.0 times the tightest month on record, but below the peak of 271. Supply is growing against last year.

What to do about it

• Search Silverthorne 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.

Who will rent from you in Silverthorne?

In Silverthorne, 26 out of every 100 households rent. Most own their home. The renter share is shrinking. Five years ago it was 34 in 100. Renter households here average 3.0 people. Families rent here. Buy bedrooms. Studios will sit.

Households grew 22% in five years. The housing stock grew 9%. Demand is outrunning supply. 46.3% of homes sit empty. Tenants have options. Budget extra weeks of vacancy between leases.

The median Silverthorne household earns $105,897 a year. Incomes here have grown 6.3% a year since 2019. Incomes are rising faster than home prices. Affordability is improving. A typical home costs 8.9 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 $2,647 a month.

To see what one Silverthorne address would rent for and cash flow, run it through the app.

What is the fair market rent in Silverthorne?

HUD sets one fair market rent for Summit County. For fiscal year 2026:

• 1 bedroom: $1,880 a month. Up 8% on last year, up 90% since FY2016.
• 2 bedrooms: $2,467 a month. Up 8% on last year, up 87% since FY2016.
• 3 bedrooms: $2,958 a month. Down 5% on last year, up 77% since FY2016.
• 4 bedrooms: $3,268 a month. Down 3% on last year, up 60% since FY2016.

The figures include tenant-paid utilities and apply to all of Summit County, so one home's rent can sit well above or below them. See fair market rent by city.

What numbers should you underwrite a Silverthorne deal with?

• Price growth to assume — +1.7%/yr. Silverthorne grew 6.7% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, Silverthorne grows about 1.7% a year. That is the number to type in. Prices fell 7.4% over the last year. Use it for timing. The five-year rate is the better guide.
• Months of carrying cost — 3. Budget at least 81 days of holding costs, the current median listing age, when you exit or refinance.
• Odds you cut your price to sell — 1 in 4. 25% of Silverthorne listings have cut their asking price. Underwrite your exit below asking.
• Comp on price per square foot — $613/sqft. The typical Silverthorne listing shrank from 2,786 to 1,552 sqft since Jul 2016. So median price hides real growth: 96% per sqft versus 17% on the median. Comp on median price and you will overpay for small homes.
• Competition when you exit — +3%. Homes for sale in Silverthorne are up 3% on last year, so your resale faces more competition than today's comps did.

Read how price cuts signal a market turning and how we read these numbers, then run the numbers on a deal.

What is the median home price in Silverthorne?

The median asking price in Silverthorne is about $942,000 as of Sep 2026, down 4.3% from a year ago. 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 Silverthorne figures cover the 2 ZIP codes with a Silverthorne mailing address, which can reach past city limits.

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

Buyers have more room in Silverthorne than usual. We compare Silverthorne with 2017–2019 at this time of year: there are 30 pending sales per 100 listings, against 81 then; there are 87% more homes for sale; 25% of sellers have cut their price, against 15% then.

Are Silverthorne home prices going up or down?

The median asking price is 22.0% below its Nov 2016 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 is the best month to buy a house in Silverthorne?

Across 9 full years, Silverthorne asking prices ran lowest in August, about 3.1% below the year's average. They peaked in January. The most homes for sale show up in August, about 30% above the yearly average.

What price growth should I assume for Silverthorne?

Assume +1.7% a year. Silverthorne grew 6.7% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, Silverthorne grows about 1.7% a year. That is the number to type in. Prices fell 7.4% over the last year. Use it for timing. The five-year rate is the better guide.

What is the fair market rent in Silverthorne?

HUD's fiscal year 2026 fair market rent for Summit County is $2,467 a month for 2 bedrooms and $2,958 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.