Is Keenesburg-Hudson, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Keenesburg-Hudson is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Keenesburg-Hudson has remained a Seller's Market.

Key Takeaway

Keenesburg-Hudson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Keenesburg-Hudson, CO

How much do homes in Keenesburg-Hudson, CO cost?

Median Sold Price

$470,000

$272/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$5,000(-1.1%)

Key Takeaway

Homes in Keenesburg-Hudson have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Keenesburg-Hudson was $470,000 in May 2024, down 1.1% from last year, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$387K
N/A
2 $390K$336.2K
-13.8%
3 $453K$450K
-0.7%
4 $490K$510K
+4.1%
5+ $552.9K$787.5K
+42.4%

Summary: Keenesburg-Hudson housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.8%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 42.4%.

Median Sold Price Compared To Nearby Cities

Kersey-Gill
+3.7%
Keenesburg-Hudson
-1.1%

Housing Supply in Keenesburg-Hudson, CO

How many homes are available in Keenesburg-Hudson, CO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7578+4.0%

Summary: The Keenesburg-Hudson real estate market had 78 homes for sale in May 2024, a 4.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 51
-80.0%
3 3442
+23.5%
4 3128
-9.7%
5+ 56
+20.0%

Summary: The Keenesburg-Hudson housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 80%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2316-30.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Keenesburg-Hudson, you could pay more than the asking price. 43.8% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Keenesburg-Hudson in May 2024, down by 30.4% month-over-month. Of the 16 sold homes, 31% were sold under asking, 25% were sold at asking, and 44% were sold over asking.

Days on Market for Keenesburg-Hudson, CO

How long does it take to sell a home in Keenesburg-Hudson, CO?

Average Sale Time

May 2023May 2024CHANGE
22 Days61 Days+175.7%

Summary: Homes in Keenesburg-Hudson had an average of 61 days on market in May 2024, up by 175.7% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Keenesburg-Hudson are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 16 homes were sold in Keenesburg-Hudson; 44% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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