Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$1,644,020+9.0% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 5% have cut their price
Income needed to buy, per year$356,389About 3.3× the local median income ($108,571): hard to afford
Days on market108 daysFaster than a year ago: sellers have the edge
The typical home in San Miguel County, CO is worth $1,644,020, up 9.0% from a year ago. That is well above what local incomes have historically supported: fair value is about $1,378,201, so the area is 19.3% overvalued. It is a balanced market: homes take about 108 days to sell, listings are up 6% from a year ago, 5% of listings have had a price cut. A household needs about $356,389 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 $108,571. In the latest IRS figures, 89 more people moved out than in.
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
$1,644,020
Change in 1 year
+9.0%
Overvalued %
+19.3%
Show 6 more
Fair home value
$1,378,201
Change in 5 years
+31.4%
Home value to income
15.1×
Monthly mortgage payment (20% down)
$8,910
Income needed to afford it
$356,389
Property tax rate
0.26%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,631
Market activity
Listings vs a year ago
+6.2%
Days on market
108
Listings with a price cut
4.6%
Show 3 more
Homes for sale
222
Pending sales per 100 listings
21
Asking price per sq ft
$1,444
People and jobs
Median household income
$108,571
Population change (1 year)
−0.8%
Unemployment rate
2.7%
Show 4 more
Population
7,753
Income adjusted for cost of living
$111,355
Net moves in (IRS)
−89
Cost of living (US = 100)
97.5
Schools, risk and environment
School rating (1 to 10)
8.3
FEMA hazard risk score (0 to 100)
19.1
Unhealthy air days a year
0
Show 4 more
Flood risk score
31.6
Wildfire risk score
80.1
Walkability (1 to 20)
7.1
Road, rail and air noise
52 dB
Questions people ask
Is San Miguel County, CO overvalued?
Home prices in San Miguel County, CO are well above what local incomes have historically supported: fair value is about $1,378,201, so the area is 19.3% overvalued.
Is San Miguel County, CO a buyer's or seller's market?
San Miguel County, CO is a balanced market: homes take about 108 days to sell, listings are up 6% from a year ago, 5% of listings have had a price cut.
Are home prices going down in San Miguel County, CO?
Home values in San Miguel County, CO are up 9.0% over the last year.
How much do you need to earn to buy a home in San Miguel County, CO?
A household needs about $356,389 a year to afford the typical home in San Miguel County, CO at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $108,571.