Published October 25, 2026 in Market Update

Longmont inventory is down, even with mortgage rates above 7%

By Cecilia De Villiers

Real estate, Primary market - Longmont

Freddie Mac put the 30-year fixed rate at 7.32% as of October 22, 2026. That is a real cost. Yet the Real Estate Data Aggregator counted 645 homes for sale across Longmont in the three months ending August 31, 2026. That is down 6.4% from the same months of 2025. For sellers, less competition is real. For buyers, the pool of choices is smaller than it was a year ago.

Fewer new listings came to market, down 4.7% across all four ZIP codes. But the Real Estate Data Aggregator still counted 550 homes sold, up 0.7% from a year before. Sales are not collapsing. The market is tighter, not frozen.

Nationally, the National Association of Realtors reported existing-home sales at 3.99 million in September 2026. Inventory there rose to 1.60 million homes. Longmont is moving in the opposite direction on inventory, which sets it apart from the national picture.

The three ZIP codes tell different stories

The Real Estate Data Aggregator numbers show each ZIP code behaving differently. That matters if you are deciding when to list or what to offer.

80501: the tightest ZIP in Longmont

The Real Estate Data Aggregator counted just 2.9 months of supply in 80501. That is the lowest of the four ZIP codes. Median days on market was 41 days, also the lowest. Prices dipped 2.7%, so it is not a seller's dream on price. But 21% of homes sold above list price, up 6.4 points from a year before. Well-priced homes here are still drawing competition.

Nearly 4 in 10 homes in 80501 went under contract within two weeks of listing. The Real Estate Data Aggregator put that share at 37.2%, up 4.3 points from a year before. Price right, and 80501 still moves.

80504: the biggest ZIP, holding steady

The Real Estate Data Aggregator counted 255 homes sold in 80504, up 2.8% from a year before. Homes for sale fell 17%, the sharpest drop of any ZIP here. Median days on market was 49 days, 6 days longer than last year. Prices dipped 1.7% to $585,000. The sale-to-list ratio held at 99.2%, up 0.2 points.

80503: more supply, but still selling close to list

The Real Estate Data Aggregator found 179 homes for sale in 80503, up 5.9% from a year before. That is the only ZIP where inventory rose. Median days on market fell 7 days to 51. The sale-to-list ratio was 98.1%, up 0.6 points. Prices dipped 1.3% to $732,500. More choices here, but sellers are still getting close to what they ask.

80542 (Mead): more supply, slower pace

The Real Estate Data Aggregator counted 6 months of supply in 80542, the most of any ZIP here. Homes for sale rose 21.9%. Only 20 homes sold, down 23.1% from a year before. Median days on market was 54 days, though that is 13 days shorter than last year. Prices dipped 2.9% to $561,000. Mead is moving more slowly, and buyers there have more room to negotiate.

What the rate picture means for Longmont

Freddie Mac put the 15-year fixed rate at 6.68% as of October 22, 2026. Realtor.com showed an average mortgage rate of 7.40% on October 22, 2026. Rates are real, and they are high. But the Real Estate Data Aggregator still counted 550 homes sold across Longmont in the three months ending August 31, 2026. People are still moving. They are just being more careful about price.

Nationally, the National Association of Realtors reported existing-home prices up 1.3% in September 2026. Longmont prices dipped in every ZIP code over the same period. That is a small but honest difference from the national trend. Pricing carefully matters more here right now.