Estes Park & Larimer County Real Estate Update: May 2026 Market Trends

Welcome back to our monthly look at the numbers shaping real estate here in Estes Park and across Larimer County. The May 2026 figures tell a clear story. In Estes Park, single-family homes are speeding up even as prices hold steady, while the condo and townhome segment continues to favor buyers. Across Larimer County, the single-family market is the picture of balance, and county condos are loosening up a touch.

A quick note on the data before we dive in. These are preliminary month-end figures pulled from IRES MLS in early June, so a few late-reported sales could nudge the numbers as May finalizes. Direction matters more than any single data point, especially in Estes Park, where a small number of monthly transactions means one or two sales can swing a percentage significantly. With that in mind, here is what the market looked like in May.

The May 2026 Market at a Glance

•       Estes Park single-family is firming up fast. Months of supply fell to 5.3 from 7.7 a year ago, homes are selling about three weeks quicker, and more deals are going under contract. Yet the median is essentially flat, so sellers are gaining momentum without gaining pricing power yet.

•       Estes Park condos and townhomes remain the softer spot at 8 months of inventory, with a median that has pulled back. Buyers still hold the cards in this segment.

•       Larimer County single-family is balanced at 3.5 months of supply, with prices nudging modestly higher. County condos are cooling slightly as supply climbs toward 4.7 months.

Estes Park Single-Family Homes

The single-family market in Estes Park gained real momentum in May. New listings pulled back while buyer activity picked up, which tightened the market noticeably compared to a year ago.

May 2026 compared to May 2025:

•       New listings: 31, down from 47 a year ago, a 34% drop

•       Pending sales: 22, up from 13, a 69.2% increase

•       Closed sales: 21, up from 16, a 31.3% increase

•       Median sale price: $715,000, compared to $712,500 last May, up about 0.4% and essentially flat

•       Days on market: 55, down from 78, a 29.5% improvement

•       Months of supply: 5.3, down from 7.7

•       Active inventory: 94 homes, down from 108

Sellers were slower to bring new inventory to market heading into summer, and that tighter supply met stronger demand. The jump in pending sales points to real buyer engagement. The flat median is worth a closer look, though. With only 21 closed sales in the month, Estes Park price figures can move on the strength of just a handful of homes, so it is best to watch the trend over several months rather than read too much into any single month. The headline here is velocity, not price.

Estes Park Condos and Townhomes

The condo and townhome segment tells a different story. Supply remains elevated and the median has given back some ground, keeping conditions friendly for buyers.

May 2026 compared to May 2025:

•       New listings: 21, down from 24, a 12.5% drop

•       Pending sales: 11, up from 7, a 57.1% increase

•       Closed sales: 10, down from 15, a 33.3% drop

•       Median sale price: $538,500, down from $575,000, a 6.3% decline

•       Days on market: 82, down from 121, a 32.2% improvement

•       Months of supply: 8, down slightly from 8.3

As with single-family, the closed-sale count here is small, so the median should be read with that context in mind. Days on market improved sharply, which is encouraging, but at eight months of inventory this segment remains the softer corner of the Estes Park market. Buyers shopping for a condo or townhome continue to have genuine leverage.

Larimer County Single-Family Homes

Stepping out to the county level, the Larimer County single-family market looks like the picture of balance. Demand is holding, prices are nudging up modestly, and supply is steady in balanced territory.

May 2026 compared to May 2025:

•       New listings: 736, down 7.1%

•       Pending sales: 518, up 8.6%

•       Closed sales: 501, up 3.5%

•       Median sale price: $599,900, up 1.1%

•       Days on market: 53, down 11.7%

•       Months of supply: 3.5, holding steady in balanced territory

•       Active inventory: 1,367 homes, up 2.2%

A balanced market at roughly 3.5 months of supply rewards turnkey presentation. Well-presented, move-in-ready homes tend to stand out, while everything else competes more on price and terms.

Larimer County Condos and Townhomes

The county condo and townhome segment is the one area loosening up. Supply is climbing, sales have slowed, and the median is flat year-over-year.

May 2026 compared to May 2025:

•       New listings: 187, down 11%

•       Pending sales: 119, down 7.8%

•       Closed sales: 107, down 17.1%

•       Median sale price: $400,000, flat year-over-year

•       Days on market: 71, down 10.1%

•       Months of supply: 4.7, up from 4.3

More supply, fewer sales, and a flat price all point in the same direction. Buyers in this segment can expect to gain a little room at the negotiating table.

What This Means for You

So what does all of this mean if you are thinking about a move? Here is how the numbers translate into strategy.

If you are selling in Estes Park

The story is velocity, not price. A year ago, single-family was firmly a buyer market at 7.7 months of supply. This May it is down to 5.3 months, homes are selling faster, and pending sales are up sharply. That said, the flat median tells you buyers are still disciplined. Your first two weeks on the market and your pricing strategy still decide the outcome. In the condo and townhome segment, with eight months of supply and a softer median, the right move is to price to the market and let conditions do the selling.

If you are buying in Estes Park

You still hold a slight edge in single-family at 5.3 months of supply, though momentum is shifting toward sellers, so waiting carries some risk. In condos and townhomes, you have a clear edge at eight months of inventory and real room to negotiate.

Across Larimer County

The single-family market is balanced, with a slight seller edge for turnkey, well-presented homes at 3.5 months of supply. The county condo and townhome market is balanced and edging buyer-friendly at 4.7 months, so buyers should find a bit more breathing room there.

Who Has the Edge Right Now?

•       Estes Park single-family: a slight buyer edge at 5.3 months of supply, but momentum is shifting toward sellers

•       Estes Park condos and townhomes: a clear buyer edge at 8 months of inventory

•       Larimer County single-family: balanced, with a slight seller edge for turnkey, well-presented homes at 3.5 months

•       Larimer County condos and townhomes: balanced, edging buyer-friendly at 4.7 months

Get the Numbers for Your Neighborhood

If you find these monthly updates helpful, you may enjoy our monthly market report email. We can customize it for your zip code or even just your neighborhood, so you can see every property that lists, goes under contract, and closes. It is a simple way to stay close to the market that matters most to you.

When you are ready to talk through what these numbers mean for your specific situation, we are here to help. At Signature Home Team, we pair deep local knowledge with our proven Signature Way system, so whether you are buying, selling, or simply watching the market, you have a trusted resource in your corner. Financing is part of a smooth transaction too, and our preferred partner Harriette Woodard at Bank of Colorado Mortgage consistently helps our clients navigate lending all the way to the closing table.

Frequently Asked Questions

What was the median home price in Estes Park in May 2026?

The median single-family sale price in Estes Park was $715,000 in May 2026, essentially flat compared to $712,500 in May 2025. The median for condos and townhomes was $538,500, down 6.3% year-over-year.

Is Estes Park a buyer or seller market right now?

As of May 2026, Estes Park single-family homes sit at 5.3 months of supply, a slight buyer edge with momentum shifting toward sellers. The condo and townhome segment, at 8 months of supply, remains a clearer buyer market.

How fast are homes selling in Estes Park?

Single-family homes in Estes Park spent a median of 55 days on market in May 2026, down from 78 a year earlier. Condos and townhomes spent 82 days, down sharply from 121.

What is the real estate market like in Larimer County?

The Larimer County single-family market is balanced at about 3.5 months of supply, with a median price of $599,900, up 1.1% year-over-year. County condos and townhomes are loosening slightly, with supply rising to 4.7 months and a flat median of $400,000.

How many homes sold in Estes Park in May 2026?

Estes Park recorded 21 closed single-family sales and 10 closed condo or townhome sales in May 2026. Because monthly transaction counts are low, individual price figures can swing on just a few sales, so trends are best viewed over several months.

Are home prices going up in Estes Park?

Single-family prices in Estes Park were essentially flat year-over-year in May 2026, up about 0.4%. The market is firming through faster sales and rising demand rather than rising prices, so sellers are gaining momentum without much pricing power yet.

Relevant Links and Resources

Estes Park and Northern Colorado Home Buyer Guide

Home Seller Guide

Sign Up Free for Our Monthly Market Report Email

Request a Free Home Valuation

Harriette Woodard, Bank of Colorado Mortgage

Estes Park Living on YouTube

Everything Estes Park Facebook Group

Signature Home Team on Instagram

Signature Home Team on Facebook

About the Author: Jeff Abel is the team lead at Signature Home Team, brokered by Keller Williams Top of the Rockies, specializing in Estes Park and Northern Colorado mountain communities. He shares insights about real estate and mountain living through the Estes Park Living channel.