Is 80138, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80138 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 80138 has remained a Seller's Market.

Key Takeaway

80138 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80138, CO

How much do homes in 80138, CO cost?

Median Sold Price

$724,000

$280/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$1,000(-0.1%)

Key Takeaway

The sold price of homes in 80138 has remained the same since last year.

Summary: The median home sold price in 80138 was $724,000 in March 2024, down 0.1% from last year, and the median price per square foot was $280.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $230K-
N/A
2 $649.4K$440K
-32.2%
3 $610K$649K
+6.4%
4 $740K$705K
-4.7%
5+ $875K$875K
0.0%

Summary: 80138 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 32.2%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

80016
+2.0%
80138
-0.1%
80134
-2.4%
80107
-3.2%

Housing Supply in 80138, CO

How many homes are available in 80138, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
182206+13.2%

Summary: The 80138 real estate market had 206 homes for sale in March 2024, a 13.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 2121
0.0%
3 6158
-4.9%
4 6273
+17.7%
5+ 3854
+42.1%

Summary: The 80138 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 42.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4548+6.7%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80138, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.

Summary: A total of 48 homes were sold or pending in 80138 in March 2024, up by 6.7% month-over-month. Of the 48 sold homes, 29% were sold under asking, 42% were sold at asking, and 29% were sold over asking.

Days on Market for 80138, CO

How long does it take to sell a home in 80138, CO?

Average Sale Time

Mar 2023Mar 2024CHANGE
44 Days25 Days-42.4%

Summary: Homes in 80138 had an average of 25 days on market in Mar 2024, down by 42.4% compared to last year.

Breakdown of Home Sale Times

37 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80138 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 48 homes were sold in 80138; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% 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 18 Days Ago

Newest Listings in 80138, CO

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