Is Loveland, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Loveland is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Loveland has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Loveland, CO

How much do homes in Loveland, CO cost?

Median Sold Price

$501,093

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$5,469(-1.1%)

Key Takeaway

Homes in Loveland have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Loveland was $501,093 in May 2024, down 1.1% from last year, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $327K$319K
-2.4%
2 $376.6K$386.1K
+2.5%
3 $481.5K$483.8K
0.5%
4 $565K$547K
-3.2%
5+ $667.2K$657.5K
-1.5%

Summary: Loveland housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 1.5%.

Median Sold Price Compared To Nearby Cities

Windsor
+5.8%
Johnstown
+2.6%
Johnstown
+1.2%
Loveland
-1.1%
Berthoud
-1.6%

Housing Supply in Loveland, CO

How many homes are available in Loveland, CO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
428511+19.4%

Summary: The Loveland real estate market had 511 homes for sale in May 2024, a 19.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 33
0.0%
2 6477
+20.3%
3 162183
+13.0%
4 135169
+25.2%
5+ 6479
+23.4%

Summary: The Loveland housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20.3%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 25.2%, and 5+ bedroom homes increased by 23.4%.

Number of Homes Sold

Apr 2024May 2024CHANGE
113126+11.5%

Asking Price vs. Sold Price

40 Homes Were Sold
Under Asking

37 Homes Were Sold
At Asking

49 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Loveland, you could pay more than the asking price. 38.9% of homes here sold above asking price last month.

Summary: A total of 126 homes were sold or pending in Loveland in May 2024, up by 11.5% month-over-month. Of the 126 sold homes, 32% were sold under asking, 29% were sold at asking, and 39% were sold over asking.

Days on Market for Loveland, CO

How long does it take to sell a home in Loveland, CO?

Average Sale Time

May 2023May 2024CHANGE
43 Days58 Days+34.1%

Summary: Homes in Loveland had an average of 58 days on market in May 2024, up by 34.1% compared to last year.

Breakdown of Home Sale Times

51 Homes Were Sold
Under 30 Days

53 Homes Were Sold
In 30 - 90 Days

22 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Loveland has remained consistent over time.

Summary: During May 2024, 126 homes were sold in Loveland; 40% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 17% 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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