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Controversial Republican Lauren Boebert was leading her Democratic rival by just 1,122 votes on Monday afternoon, as she seeks reelection to the House of Representatives.
The 35-year-old Trump supporter is running for re-election in Colorado's third congressional district, which she has represented since January 3, 2021.
Boebert had been widely expected to retain the traditionally Republican seat, with election prediction site FiveThirtyEight giving her a 97 percent chance of returning to Congress in its last update released on election day, November 8.
However, Democratic Party challenger Adam Frisch is running near level with Boebert, according to the latest results.
Frisch has 160,918 votes, or 49.83 percent, versus 162,040 votes and 50.17 percent for Boebert, as of Monday afternoon, when the last update was given.
More results are expected to be announced on Wednesday, while counting must finish on Friday at the latest, according to Colorado's election calendar.
County canvassing boards must release their final results by November 30, though if the winning margin is less than 0.5 percent, there will be an automatic recount, with the result not announced till mid-December.
Wednesday is a key date, marking the deadline for both military and overseas votes to come in, and for problem ballots to be "cured."
Coloradans eligible to vote who are serving in the military, or abroad for some other reason, were still required to cast a ballot on or before November 8. However, another eight days are then allowed to ensure the votes return in time to be counted.
Each county has held back some ballots, which will be counted along with the military and overseas votes, to help preserve the anonymity of these ballots.
Uncountable mail ballots, primarily those with a missing or rejected signature, can be corrected, or "cured", by the relevant voter until Wednesday, though the vote can't be changed.
Poll clerks are reaching out to voters, inviting them to cure their ballots.
Voters who believe there may have been a mistake on their ballot can proactively cure it via cell phone, using the state's TXT2Cure system.
The voter should text "COLORADO" to number 28683, then select "Cure My Ballot" and follow the instructions.
In a statement sent to Newsweek, the Frisch campaign said it was "highly confident" of victory.
A spokesperson commented: "Thanks to hundreds of volunteers, we've been able to help voters cure their ballot in nearly every county in the third district.
"With four to six thousand outstanding votes remaining including cured, overseas, and military ballots, we remain highly confident that there's a path to victory.
"No matter the outcome, it's clear that Coloradans are sick of extremist party politics and are ready for steady, common-sense leadership."
Republicans fared badly at the midterms across Colorado, losing seats in both chambers of the state legislature.
Speaking to Colorado Public Radio, GOP state Rep. Colin Larson said: "Honestly, I think Colorado Republicans need to take this and learn the lesson that the party is dead. This was an extinction-level event.
"This was the asteroid that ended the reign of the dinosaur, and in this case, the dinosaur was the Republican party."
In a major blow to the Republicans on Monday, it was announced Donald Trump-backed Kari Lake failed in her bid to become governor of Arizona, with the post going to Katie Hobbs.
Trump has, in part, blamed Mitch McConnell, Republican leader in the Senate, for the party's bad performance, with some speculating he could face a challenge for the leadership role.
Newsweek has contacted Lauren Boebert for comment.
Update 11/16/22, 3:34 a.m. ET: This article was updated with a statement from the Frisch campaign.
About the writer
James Bickerton is a Newsweek U.S. News reporter based in London, U.K. His focus is on covering news and politics ... Read more