Commercial Real Estate Market in Crestone, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
102 active listings and 73 off-market properties in Crestone, CO.
Market Trends
Crestone, CO spans 373.0 square miles in Saguache County, Colorado. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Crestone, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Crestone, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Crestone, CO runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Crestone, CO runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 83.5%
- Open space 8.3%
- Commercial 8.2%
Largest Zones share of zoned land by district
Residential Low Density
Rural Residential
Residential Medium Density
Community Services And Recreational
Commercial
Crestone, CO zones 242 acres across 7 districts. Commercial zoning covers 8.2% of zoned land, residential 83.5% and open space 8.3%. The largest single district is Residential Low Density at 34.5%. For commercial buyers the practical constraint is that only 8.2% of land carries a commercial or industrial designation.
Residential Low Density (RL)
The purpose of this district is comprised of areas which provide for residential development of single-unit residence dwelling areas in the community, plus certain open spaces areas where similar residential development appears likely to occur.
Market overview
Demographics & Economy
Crestone, CO has 1,510 residents in 794 households. Density runs 4 people per square mile. Median household income here is $60,625 and median gross rent $1,259 a month.
1,510
Population
794
Households
1.9
Avg Household Size
55
Median Age
51%
College-Educated
95%
High-School Grad
373 sq mi
ZIP Area
4
Density / Sq Mi
$60,625
Median Household Income
$33,403
Median Earnings
$1,259
Median Rent
$345,500
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Crestone?
Commercial property in Crestone, CO asks an average of $5 per square foot.
What zoning applies to commercial property in Crestone?
Crestone, CO zones 242 acres across 7 districts, of which 8.2% is commercial and 0% industrial. The largest single district is Residential Low Density at 34.5% of zoned land. The purpose of this district is comprised of areas which provide for residential development of single-unit residence dwelling areas in the community, plus certain open spaces areas where similar residential development appears likely to occur. Residential zoning covers 83.5% and open space 8.3%.
Where does Realmo's Crestone market data come from?
Realmo compiles Crestone, CO figures from 2 recent recorded sales, 102 active sale listings, 73 tracked off-market properties, the current Crestone zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 102 active for-sale and 0 active for-lease listings in Crestone, CO. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 242 zoned acres across 7 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
