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LAKE CITY, CO 81235

Real Estate Market Report  ·  Hinsdale County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
14
⇩ 39.1% vs 23 last year
Pending
1
7% pending ratio
Median Price
$895,000
⇧ 31.8% vs $679,000 last year
Average Price
$1,466,573
⇧ 28.8% vs $1,139,043 last year
Days on Market
184
⇧ 30.5% vs 141 days last year

Market Context

Population: 829  ·  Density: 0.6/mi²  ·  Median household income: $59,205

Typical home value: $390,109  ·  Homeownership: 76.8%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The LAKE CITY, CO real estate market (81235) currently shows 14 active listings, with 1 pending sales. Homes are averaging 184 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 184 days on market compared to 141 days last year.

The median listing price has risen 31.8% year-over-year, from $679,000 to $895,000.

Whether you are buying or selling in LAKE CITY, CO, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 23 last year
  • Days on market: 184 now vs 141 last year

Median & Average Pricing

Year over Year
  • Median: $895,000 (+31.8% YoY)
  • Average: $1,466,573 (+28.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 61.4 miles — 725 listings ($1,788,995,596 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
81235Lake City, CO 812350.0 mi14$20,532,022$895,000$1,466,573
81433Silverton, CO 8143320.0 mi10$9,897,000$785,000$989,700
81220Cimarron, CO 8122022.7 mi8$74,277,712$824,500$9,284,714
81130Creede, CO 8113024.7 mi16$46,525,488$650,000$2,907,843
81435Telluride, CO 8143533.0 mi192$1,162,548,672$4,400,000$6,054,941
81403Montrose, CO 8140339.6 mi85$88,308,625$737,000$1,038,925
81332Rico, CO 8133241.5 mi4$3,118,400$775,000$779,600
81401Montrose, CO 8140143.6 mi127$88,140,159$469,000$694,017
81415Crawford, CO 8141547.6 mi32$38,243,520$859,398$1,195,110
81147Pagosa Springs, CO 8114750.7 mi173$187,429,065$700,000$1,083,405
81425Olathe, CO 8142554.3 mi14$14,943,250$686,500$1,067,375
81323Dolores, CO 8132357.0 mi31$31,219,914$739,500$1,007,094
81423Norwood, CO 8142361.4 mi19$23,811,769$798,500$1,253,251

Frequently Asked Questions

How many homes are for sale in LAKE CITY, CO 81235?

As of January 2026, there are 14 active listings in LAKE CITY, CO (zip code 81235), compared to 23 the prior year.

What is the median home price in LAKE CITY, CO 81235?

The median listing price in LAKE CITY, CO 81235 is $895,000 as of January 2026, a 31.8% increase from $679,000 the prior year.

How long do homes stay on the market in LAKE CITY, CO?

Homes in LAKE CITY, CO 81235 spend an average of 184 days on the market before going under contract, compared to 141 days the prior year.

Is it a seller's or buyer's market in LAKE CITY, CO 81235?

Based on current inventory and days-on-market data as of January 2026, LAKE CITY, CO 81235 is currently a Balanced Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 184 days on market compared to 141 days last year.

How much can I save on real estate commission in LAKE CITY, CO?

With SELL123.com's maximum 3% commission, sellers in LAKE CITY, CO 81235 save an estimated $17,900 compared to a typical 5% commission on the median listing price of $895,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.