Is 80226, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80226 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 80226 has remained a Seller's Market.

Key Takeaway

80226 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80226, CO

How much do homes in 80226, CO cost?

Median Sold Price

$556,000

$330/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$19,000(-3.3%)

Key Takeaway

Homes in 80226 have sold for 3.3% less than they did a year ago.

Summary: The median home sold price in 80226 was $556,000 in April 2024, down 3.3% from last year, and the median price per square foot was $330.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $325K$258.6K
-20.4%
2 $420K$400K
-4.8%
3 $532.7K$524.2K
-1.6%
4 $633.2K$656.5K
+3.7%
5+ $688.5K$761K
+10.5%

Summary: 80226 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.4%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 10.5%.

Median Sold Price Compared To Nearby Zip Codes

80232
+3.7%
80214
0.0%
80219
-1.0%
80226
-3.3%
80215
-4.9%

Housing Supply in 80226, CO

How many homes are available in 80226, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6192+50.8%

Summary: The 80226 real estate market had 92 homes for sale in April 2024, a 50.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 44
0.0%
2 1423
+64.3%
3 2335
+52.2%
4 1221
+75.0%
5+ 89
+12.5%

Summary: The 80226 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 64.3%, 3 bedroom homes increased by 52.2%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1227+125.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80226, you may be able to get a good deal. 40.7% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 80226 in April 2024, up by 125.0% month-over-month. Of the 27 sold homes, 41% were sold under asking, 19% were sold at asking, and 41% were sold over asking.

Days on Market for 80226, CO

How long does it take to sell a home in 80226, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
10 Days17 Days+60.0%

Summary: Homes in 80226 had an average of 17 days on market in Apr 2024, up by 60% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80226 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 27 homes were sold in 80226; 89% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 4% 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 2 Days Ago

Newest Listings in 80226, CO

Nearby Markets to 80226, CO