Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$399,858−0.7% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 14% have cut their price
Income needed to buy, per year$86,681About 1.2× the local median income ($71,090): a stretch for a typical household
Days on market126 daysSlower than a year ago: buyers have time to negotiate
The typical home in Custer County, CO is worth $399,858, down 0.7% from a year ago. That is well above what local incomes have historically supported: fair value is about $327,962, so the area is 21.9% overvalued. It is a buyer's market: homes take about 126 days to sell, listings are up 13% from a year ago, 14% of listings have had a price cut. A household needs about $86,681 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $71,090. In the latest IRS figures, 62 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$399,858
Change in 1 year
−0.7%
Overvalued %
+21.9%
Show 6 more
Fair home value
$327,962
Change in 5 years
+21.1%
Home value to income
5.6×
Monthly mortgage payment (20% down)
$2,167
Income needed to afford it
$86,681
Property tax rate
0.40%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,202
Market activity
Listings vs a year ago
+13.1%
Days on market
126
Listings with a price cut
13.7%
Show 3 more
Homes for sale
224
Pending sales per 100 listings
9
Asking price per sq ft
$281
People and jobs
Median household income
$71,090
Population change (1 year)
+0.4%
Unemployment rate
3.7%
Show 4 more
Population
5,590
Income adjusted for cost of living
$72,913
Net moves in (IRS)
+62
Cost of living (US = 100)
97.5
Schools, risk and environment
School rating (1 to 10)
4.4
FEMA hazard risk score (0 to 100)
3.9
Flood risk score
9.5
Show 3 more
Wildfire risk score
81.6
Walkability (1 to 20)
4.5
Road, rail and air noise
51 dB
Questions people ask
Is Custer County, CO overvalued?
Home prices in Custer County, CO are well above what local incomes have historically supported: fair value is about $327,962, so the area is 21.9% overvalued.
Is Custer County, CO a buyer's or seller's market?
Custer County, CO is a buyer's market: homes take about 126 days to sell, listings are up 13% from a year ago, 14% of listings have had a price cut.
Are home prices going down in Custer County, CO?
Home values in Custer County, CO are down 0.7% over the last year.
How much do you need to earn to buy a home in Custer County, CO?
A household needs about $86,681 a year to afford the typical home in Custer County, CO at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $71,090.