ZIP Code Market Report
81235 — Lake City, CO
Data through February 2026 · Updated monthly
Avg Home Value
$487,623
▲ 1.0% year-over-year
Month-over-Month
-0.5%
▼ 0.5%
Single Family
$494,748
Condo / Co-op
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The average home value in the 81235 ZIP code (Lake City, COLORADO) is $487,623 as of February 2026. Home prices are stable, up 1.0% compared to last year.
The market in 81235 has a $443,997 spread between bottom-tier homes at $306,685 and top-tier homes at $750,681. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Hinsdale County market area in COLORADO. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Hinsdale County report.
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Market Snapshot
81235 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $489,317 | $490,117 | $487,623 | ▼ 0.3% |
| Single Family Value | $493,691 | $493,820 | $494,748 | ▲ 0.2% |
Home Values
81235 Home Value Trend
Historical home values for ZIP code 81235. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 81235
How different property types compare in this ZIP code.
All Homes
$487,623
Single Family
$494,748
Bottom Tier
$306,685
Top Tier
$750,681
Data Sources and Methodology
Home value data for ZIP code 81235 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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