Commercial Real Estate Market in Steamboat Springs, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
117 active listings and 1,613 off-market properties in Steamboat Springs, CO. Commercial property asks $217/SF to buy and $23.00/SF/Yr to lease.
Market Trends
Steamboat Springs, CO spans 795.8 square miles in Routt County, Colorado. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Steamboat Springs, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Steamboat Springs, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Steamboat Springs, 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 Steamboat Springs, CO runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Market overview
Demographics & Economy
Steamboat Springs, CO has 18,209 residents in 13,231 households. Density runs 23 people per square mile. Median household income here is $106,837 and median gross rent $1,927 a month.
18,209
Population
13,231
Households
1.4
Avg Household Size
42
Median Age
57%
College-Educated
97%
High-School Grad
795.8 sq mi
ZIP Area
23
Density / Sq Mi
$106,837
Median Household Income
$50,551
Median Earnings
$1,927
Median Rent
$915,900
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Steamboat Springs?
Commercial property in Steamboat Springs, CO asks an average of $217 per square foot. The 7 most recent recorded sales traded at a median of $519/SF.
How much does it cost to lease commercial space in Steamboat Springs?
Asking lease rates in Steamboat Springs, CO average $23.00 per square foot per year.
Where does Realmo's Steamboat Springs market data come from?
Realmo compiles Steamboat Springs, CO figures from 7 recent recorded sales, 100 active sale listings, 17 active lease listings, 1,613 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 100 active for-sale and 17 active for-lease listings in Steamboat Springs, 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.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 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 31 August 2026 · report a data issue
