Published October 25, 2026 in Market Update

Crested Butte sales picked up even as prices eased

The number that matters most right now: the Real Estate Data Aggregator counted 33 homes sold in ZIP 81224 in the three months ending August 31, 2026, up 32% from the same months a year before. More deals got done. That is the clearest signal in this data.

At the same time, the Real Estate Data Aggregator put the median sale price at $1,450,000, down 6.5% from a year before. Sales went up and prices eased. That tells you buyers are still active, but they are not stretching to win.

What the numbers say for 81224 (Crested Butte)

Homes in 81224 sold in a median of 26 days, according to the Real Estate Data Aggregator. That is 13 days shorter than a year before. So even with a lower price, the pace of selling got quicker. That is worth noting if you are thinking about listing.

The Real Estate Data Aggregator also shows that homes sold for an average of 95.5% of list price, up 0.4 points from a year before. Sellers are not giving away much more than before. But only 3% of homes sold above list price, down 9 points from a year ago. Bidding wars are rare here now.

Pending sales in 81224 came in at 55, up 17% from a year before, per the Real Estate Data Aggregator. That pipeline points to continued activity heading into fall. Months of supply dropped 2.7 months to 7.2 months. There is more balance here than there was twelve months ago.

Rates are part of the story too

Freddie Mac put the average 30-year fixed rate at 7.32% as of October 22, 2026. That is real pressure on monthly costs. Realtor.com reported the average mortgage rate on the market at 7.40% on October 22, 2026. Buyers here are absorbing those costs and still closing.

Nationally, the National Association of Realtors reported existing-home sales reached 3.99 million in September 2026. Home prices rose 1.3% nationally that month. Crested Butte's own price dip runs against that national trend, which is why local numbers matter more than headlines here.

How the nearby ZIP codes compare

The Real Estate Data Aggregator has full year-over-year data for 81224. For the nearby ZIP codes below, it has the current period's numbers but not all the year-ago comparisons, so read those figures on their own terms.

ZIP 81230 in Gunnison had 37 homes sold per the Real Estate Data Aggregator, but that was down 32.7% from a year before. Days on market there stretched to 38 days, 16 days longer than a year ago. Gunnison's median price rose 6.7% to $667,245, a different direction from Crested Butte.

ZIP 81225 showed 85 median days on market and 17.5 months of supply, both signs of a slower pace. ZIP 81235 in Lake City had 50% of its homes sell above list price, but only 6 homes sold total. Small sample sizes can move that number a lot.

The Real Estate Data Aggregator has no year-over-year data for 81012 in this market. The story for those parts comes from the websites alone.

What this means if you own in 81224

More buyers are active than a year ago. Homes are moving faster. But price expectations have come down about 6.5%. The Real Estate Data Aggregator shows 77 homes for sale in 81224, down 4.9% from a year before. Less competition for sellers, but buyers are reading prices carefully.

About 23.6% of homes went under contract within two weeks of listing, per the Real Estate Data Aggregator. That is down 10.4 points from a year ago. Not every home sells fast. Pricing at the right number from the start matters more now than it did in 2025.