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Market Intelligence · CO / San Miguel County

Telluride, CO home prices and housing market

1 ZIP market liveData updated September 2026Typical value$2.18M1-yr changeUp9.9%

The typical home value in Telluride, CO is $2.18M as of September 2026, up 9.9% from a year ago, based on the Zillow Home Value Index. In the typical Telluride ZIP code, the median list price is $4.3M and homes spend a median of 82 days on market as of September 2026 (Realtor.com).

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The coverage

Telluride, by the numbers.

Typical home valueZillow ZHVI, September 2026
$2.18M
1-yr changeMedian across Telluride ZIPs
+9.9%
ZIP markets live
1
County
San Miguel County

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12-month value trend

+9.9% over 12 months

Typical home value in Telluride over the last 12 months: $1.98M in Sep 2025 to $2.18M in Sep 2026 (+9.9%).

Sep 2025$1.98M

Sep 2026$2.18M

Median Zillow home value index across Telluride's ZIP codes.

Context

Telluride's housing market reflects strong demand relative to supply. As of September 2026, the typical home value in Telluride reached $2,178,722, up 9.9% over the past year. There were 204 homes for sale at that time, with a median list price of $4,299,250. New listings totaled 56, while the median time homes spent on market was 82 days. Only 5.9% of listings carried a price cut. For sellers, the combination of limited inventory and sustained appreciation suggests favorable conditions, though the extended time on market means pricing strategy remains important.

The numbers

What is the housing market like in Telluride, CO?

Typical home value

$2.18M

Up9.9%YoY

Median list price

$4.3M

Days on market

82

Homes for sale

204

Price cuts

5.9%

New listings

56

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Telluride's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Telluride, CO home prices over time

Typical home values in Telluride, CO are up 9.9% over the past year, from $1.98M in September 2025 to $2.18M in September 2026.

Typical home value in Telluride, CO, September of each year
MonthTypical value1-yr change
September 2026$2,178,722+9.9%
September 2025$1,983,171No prior year

Typical value is the median Zillow Home Value Index across Telluride ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Telluride, CO a buyer's or seller's market?

Telluride, CO leans toward a buyer's market.

Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 82 days on market and 6% of listings with a price cut in the typical Telluride ZIP code, and 56 new listings against 204 active listings across Telluride, as of September 2026 (Realtor.com).

The outlook

Telluride housing market forecast 2027

+4.4%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Telluride ZIP code, points to typical home values rising 4.4% by September 2027.

Over the 12 months through September 2026, typical home values in Telluride rose 9.9%, per the Zillow Home Value Index.

Will home prices drop in Telluride?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Telluride shows typical home values rising 4.4% by September 2027, after a 9.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Telluride ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Telluride?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

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Common questions

Questions about Telluride, CO home prices.

What is a typical home value in Telluride?

As of September 2026, the typical home value in Telluride was $2,178,722, representing a 9.9% increase over the past year.

How long do homes typically stay on the market in Telluride?

The median days on market in Telluride was 82 as of September 2026.

How many homes are currently for sale in Telluride?

There were 204 homes for sale in Telluride as of September 2026, with a median list price of $4,299,250.

Are home prices going up or down in Telluride, CO?

Typical home values in Telluride, CO are up 9.9% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Telluride, CO a buyer's or seller's market?

Telluride, CO leans toward a buyer's market. Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 82 days on market and 6% of listings with a price cut in the typical Telluride ZIP code, and 56 new listings against 204 active listings across Telluride, as of September 2026 (Realtor.com).

Nearby markets

More Colorado housing markets.

The market is moving

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