Check out JesseEbner.com for all the home listings in Crested Butte Colorado, updated as fast as the MLS changes.

Active listings in Crested Butte have decreased in January 2025 vs January 2024, and with only a handful of new listings coming online. Months supply has dropped dramatically and the town has entered a sellers market. The area is great for luxury buyers who are looking for a small town mountain escape, but they may feel the pinch with a median sales price for single family homes currently at $3,373,500.

The highest priced home for sale in Crested Butte CO is listed at $9,495,000.

The lowest priced home for sale in Crested Butte CO is listed at $395,000.

Based on available information, the Crested Butte real estate market in 2025 is showing signs of continued, albeit nuanced, activity. Key indicators reveal a market influenced by both local dynamics and broader economic trends. Reports show that while there are fluctuations in specific sectors like land sales, the overall residential market remains relatively strong, with notable increases in sales volume in the greater Gunnison County area. The very high end of the market continues to be active.

However, it’s also important to acknowledge that factors like mortgage rates and inventory levels are playing a role. Like many desirable mountain towns, Crested Butte maintains a level of high demand, and limited inventory. This combined with national trends concerning mortgage rates, will continue to effect the market. Therefore, while home values are generally predicted to see incremental increases, potential buyers and sellers should stay informed about localized market shifts and consult with real estate professionals for the most up-to-date insights.

Jesse Ebner, Signature Properties Ebner & Associates, 326 Elk Ave, Crested Butte CO 81224