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Housing in Keystone

243 homes sold in Keystone in the last year, at a typical $1.1M

Most homes sold are condos. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Keystone homes are listed.

Homes sold
243
June 2025 to May 2026
Typical sale price
$1.1M
houses $2.7M · condos $936K
Price per square foot
$878
Colorado $273
Paid vs. asking
97.6%
5% sold over asking
For sale now
136
May 2026 · 23 sold that month
What sold · last 12 months

Three quarters of Keystone’s sales are condos, at $1.7M less than a house

24 houses and 173 condos sold in the year to May 2026. Houses sell faster.

Houses$2.7M

typical sale · 24 sold in 12 months

Per square foot
$692CO $243
Days to sell
76
Sold over asking
0%
Listings with a price cut
33%
Condos$936K

typical sale · 173 sold in 12 months

Per square foot
$922CO $427
Days to sell
114
Sold over asking
2%
Listings with a price cut
22%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $2.1M
Townhouses: 45 sold, typical $1.5M

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 3 times the 2016 price

243 sales in the last year, against 377 in 2017 and a low of 40 in 2012. The typical sale went from $352K in 2016 to $1.1M.

Homes soldTypical sale price
0100200300400$450K$700K$950K$1.2M2012: 40 sold, typical $363K’122013: 62 sold, typical $348K2014: 260 sold, typical $300K’142015: 312 sold, typical $332K2016: 318 sold, typical $352K’162017: 377 sold, typical $444K2018: 355 sold, typical $517K’182019: 303 sold, typical $556K2020: 330 sold, typical $570K’202021: 332 sold, typical $675K2022: 259 sold, typical $844K’222023: 163 sold, typical $857K2024: 212 sold, typical $920K’242025: 237 sold, typical $946KLast 12 months: 243 sold, typical $1.1MNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $1.1M buys in Keystone

Houseat $692 a sq ft
Condoat $922 a sq ft
The same money in Coloradoat $243 a sq ft

Is this asking price fair?

Check a listing against what Keystone homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Keystone are back to pre-pandemic levels, and more homes are for sale

We read every month of Keystone’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 243 sales.

If you’re buying in Keystone

  • Shop in August. It brings about 36 new listings a month, close to the busiest month, with fewer bidding wars (13% over asking).
  • You can negotiate. 23% of listings have cut their price, against 8% before the pandemic.
  • Offer under asking. Buyers paid 97.6% of the list price on average; 5% paid over.
  • You’ll usually have time. Only 11% of homes go under contract within two weeks; the typical one takes 114 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 41 a month), and the most competition: 17% close over asking. August offers nearly as much choice with fewer homes bid up (13%). December has the least competition (10%) but only about 20 new listings.

New listings a monthShare sold over asking
011.322.533.8457%13%20%Sweet spotJan: 19 new listings a month, 17% sold over asking, 85 days to sellJFeb: 23 new listings a month, 12% sold over asking, 104 days to sellFMar: 33 new listings a month, 17% sold over asking, 160 days to sellMApr: 32 new listings a month, 14% sold over asking, 60 days to sellAMay: 36 new listings a month, 15% sold over asking, 72 days to sellMJun: 41 new listings a month, 17% sold over asking, 52 days to sellJJul: 32 new listings a month, 10% sold over asking, 55 days to sellJAug: 36 new listings a month, 13% sold over asking, 72 days to sellASep: 28 new listings a month, 14% sold over asking, 70 days to sellSOct: 19 new listings a month, 13% sold over asking, 71 days to sellONov: 16 new listings a month, 12% sold over asking, 77 days to sellNDec: 20 new listings a month, 10% sold over asking, 85 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Colorado

Keystone now2017–192021 peakCO now
Sold over askingShare of sales that closed above the list price5%9%41%19%
Gone within two weeksShare of homes under contract within 14 days11%6%9%30%
Listings with a price cutShare of homes for sale that cut their price23%8%2%32%
Price paid vs. askingAverage sale price ÷ list price97.6%98.1%101.2%98.3%
Days to sellMedian days from listing to contract114656250
Supply

118 homes for sale on a typical day

That’s 2.2 times the 2022 low (53) and 22% more than in 2017–19.

2012: 92 for sale’122013: 101 for sale2014: 131 for sale2015: 113 for sale’152016: 92 for sale2017: 101 for sale2018: 99 for sale’182019: 90 for sale2020: 111 for sale2021: 75 for sale’212022: 53 for sale2023: 76 for sale2024: 113 for sale’242025: 127 for saleLast 12 months: 118 for saleNow
Room to negotiate

1 in 4 listings has cut its price

23% in the last year, against 8% in 2017–19 and 32% across Colorado. More sellers are pricing high and coming down.

2015: 7%’152016: 27%2017: 10%2018: 7%’182019: 6%2020: 3%2021: 2%’212022: 8%2023: 16%2024: 17%’242025: 21%Last 12 months: 23%Now
Prices by type

Since 2019, houses are up 250%, condos 93%

A house typically sold for $2.7M in the last year (24 sales), a condo for $936K (173).

$850K$1.5M$2.2M$2.8M2013201520172019202120232025NowHouses 2013: $527K, 19 salesHouses 2014: $596K, 16 salesHouses 2015: $870K, 30 salesHouses 2016: $1M, 32 salesHouses 2017: $907K, 31 salesHouses 2018: $1.1M, 35 salesHouses 2019: $758K, 33 salesHouses 2020: $1.5M, 35 salesHouses 2021: $1.5M, 33 salesHouses 2022: $2.1M, 21 salesHouses 2023: $2.4M, 24 salesHouses 2024: $1.6M, 20 salesHouses 2025: $2.4M, 28 salesHouses last 12 months: $2.7M, 24 salesHouses $2.7MCondos 2013: $330K, 42 salesCondos 2014: $255K, 215 salesCondos 2015: $280K, 241 salesCondos 2016: $316K, 258 salesCondos 2017: $383K, 274 salesCondos 2018: $438K, 256 salesCondos 2019: $485K, 211 salesCondos 2020: $508K, 250 salesCondos 2021: $634K, 266 salesCondos 2022: $764K, 209 salesCondos 2023: $764K, 116 salesCondos 2024: $783K, 145 salesCondos 2025: $814K, 162 salesCondos last 12 months: $936K, 173 salesCondos $936K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Colorado

Keystone ranks 97th of 106 busy Colorado markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Keystone is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Keystone home costs about $5,773 a month

Mortgage
Property tax
Insurance
Rent

Price: Keystone’s typical sale, last 12 months. Property tax at Keystone’s 0.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Keystone is affordable on local pay is on Cost of living.

Before you buy in Keystone

Six things worth knowing

41

New listings in June

The month with the most choice. November has the fewest, about 16.

Best time to buy
0.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $1.1M home, about $3,220 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Keystone, from test results, graduation and how much students grow.

Schools in Keystone
17 min

Typical commute

The average one-way trip to work for people who live in Keystone.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Dillon, Frisco, Silverthorne, Blue River and Georgetown sell for less a square foot

The busier markets within 25 miles of Keystone, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Breckenridge346$1.1M$9224%62
Keystone243$1.1M$8785%114
Silverthorne205$1.2M$7054%62
Frisco182$1.1M$7914%60
Dillon67$827K$7383%51
Blue River42$1.8M$64110%93
Georgetown30$507K$41910%93

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Keystone, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Keystone. People who follow the town see it, and so do people comparing Keystone with their own town. No commission, no listing fee.

Questions about buying a home in Keystone

What do homes sell for in Keystone, CO?

243 homes sold in the year to May 2026 at a typical $1.1M, $878 a square foot. Houses sold for about $2.7M, condos for about $936K.

Is Keystone a buyer’s or seller’s market?

A balanced market: 136 homes were for sale in May 2026 and 23 sold, about 5.9 months of supply. Buyers paid 97.6% of asking on average, and 23% of listings cut their price.

When is the best time to buy in Keystone?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Keystone?

About 0.3% of a home’s value a year. On a $1.1M home that’s near $3,220.

Where can I see homes for sale in Keystone?

Zillow, Redfin, Realtor.com and Homes.com all carry Keystone’s MLS listings; the search links above open each one filtered to Keystone.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).