Home Values

Steamboat Springs Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$369,800

  • 4.6% 1-year change
  • None 1-year forecast

The median home value in Steamboat Springs is $369,800. Steamboat Springs home values have gone up 4.6% over the past year. The median list price per square foot in Steamboat Springs is $311, which is higher than the Routt County average of $289. The median price of homes currently listed in Steamboat Springs is $539,900 while the median price of homes that sold is $420,775. The median rent price in Steamboat Springs is $3,000, which is higher than the Routt County median of $2,700.

Foreclosures will be a factor impacting home values in the next several years. In Steamboat Springs 0.6 homes are foreclosed (per 10,000). This is greater than the Routt County value of 0.5 and also lower than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Steamboat Springs is 1.1%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Steamboat Springs homeowners underwater on their mortgage is 17.1%, which is lower than Routt County at 18.9%.

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Relative ZHVI
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Steamboat Springs Market Overview

Data through Aug 31, 2014
  • $369,800 ZHVI
  • No data 1-yr forecast
  • $539,900 Median listing price
  • $420,775 Median sale price
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Steamboat Springs Market Health

Data through Aug 31, 2014
  • 4.7/10 Stable
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 17.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 1.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI
Clark $331,700
Hayden $199,600
Oak Creek $172,200

Listings & Sales

Data through Aug 31, 2014
  • $311 Median list price / sq ft
  • $258 Median sale price / sq ft
  • 29.8% Listings with price cut
26.4%
Sold below listing
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Steamboat Springs Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,812 Steamboat Springs
    $1,700 Routt County
    $1,328 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 4.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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