Markets/Colorado/Steamboat Springs

Steamboat Springs, CO Real Estate Market 2026

Investor-grade market analytics for Steamboat Springs, Colorado. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$1,099,875

+1.6% year-over-year

Est. Rental Yield

3.7%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Market Momentum

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Cooling
7.7mo supply ยท Score -3/7

Migration: Top 64% nationally

Income Migration

๐Ÿ’ฐ Wealth Influx1.61x

In-migrants avg $149,832 AGI vs out-migrants $92,767

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Opportunity Zone Market

1 ZIP codes in Steamboat Springs are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Steamboat Springs Market Summary

Steamboat Springs, CO is in a stabilization phase with 1.6% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability pressure is significant: the price-to-income ratio of 11.7x well exceeds the national average of 4.8x. Climate risk remains low (10/100), favorable for long-term investment stability. Rental yield of 3.69% is below average, suggesting this market is more suited for appreciation-driven strategies.

Affordability

0
Price-to-Income Ratio11.7x (national avg 4.8x)
Median Household Income$93,984

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Steamboat Springs, CO's primary climate exposure is flooding (25/100). The composite climate risk score of 10/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Steamboat Springs dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.