Silverton, CO

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Silverton short-term rental market based on reliable data.

Listings

94 / 200

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$38,065

Middle-Earners Revenue

Occupancy

53%

Middle-Earners Occupancy

Home Value

$533,468

Median Home Sale Price

Top Earners

$65,131

Top-Earners Revenue

Silverton

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Silverton.

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B

Generally Investor friendly

Silverton Regulations

Silverton allows STRs citywide under an annual vacation‑rental license and standard safety/tax requirements, with no public caps or moratoriums noted. Compliance is straightforward—annual licensing, modest fees, basic safety equipment, local lodging tax, and a $16 state sales tax license. The biggest challenges are the small‑town context with limited public information and evolving rules, which increase due‑diligence risk but do not block operations.

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About Silverton

Silverton is a statutory town that is the county seat, the most populous community, and the only incorporated municipality in San Juan County, Colorado, United States. The town is located in a remote part of the western San Juan Mountains, a range of the Rocky Mountains. The first mining claims were made in mountains above the Silverton in 1860, near the end of the Colorado Gold Rush and when the land was still controlled by the Utes. Silverton was established shortly after the Utes ceded the region in the 1873 Brunot Agreement, and the town boomed from silver mining until the Panic of 1893 led to a collapse of the silver market, and boomed again from gold mining until the recession caused by the Panic of 1907. The entire town is included as a federally designated National Historic Landmark District, the Silverton Historic District. Originally called "Bakers Park", Silverton sits in a flat area of the Animas River valley and is surrounded by steep peaks. Most of the peaks surrounding Silverton are thirteeners. The highest being Storm Peak, at 13,487 feet. The town is less than 15 miles from 7 of Colorado's 53 fourteeners, and is known as one of the premier gateways into the Colorado backcountry. Silverton's last operating mine closed in 1992, and the community now depends primarily on tourism and government remediation and preservation projects. Silverton is well known because of the Durango and Silverton Narrow Gauge Railroad, a former mine train that is now a National Historic Landmark, and internationally recognized events such as the Hardrock Hundred Mile Endurance Run. The town population was 622 at the 2020 census.

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