Is 80236, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80236 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 80236 has remained a Seller's Market.

Key Takeaway

80236 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80236, CO

How much do homes in 80236, CO cost?

Median Sold Price

$541,000

$290/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$24,000(-4.2%)

Key Takeaway

Homes in 80236 have sold for 4.2% less than they did a year ago.

Summary: The median home sold price in 80236 was $541,000 in March 2024, down 4.2% from last year, and the median price per square foot was $290.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $202.5K$190K
-6.2%
2 $400K$346K
-13.5%
3 $540K$510K
-5.6%
4 $600K$601K
0.2%
5+ $625K$640K
+2.4%

Summary: 80236 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.2%, 2 bedroom homes decreased by 13.5%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 2.4%.

Median Sold Price Compared To Nearby Zip Codes

80235
+53.7%
80123
+1.2%
80110
-1.8%
80219
-2.0%
80236
-4.2%

Housing Supply in 80236, CO

How many homes are available in 80236, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5658+3.6%

Summary: The 80236 real estate market had 58 homes for sale in March 2024, a 3.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 21
-50.0%
2 129
-25.0%
3 1514
-6.7%
4 1115
+36.4%
5+ 1619
+18.8%

Summary: The 80236 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 18.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1817-5.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80236, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in 80236 in March 2024, down by 5.6% month-over-month. Of the 17 sold homes, 24% were sold under asking, 29% were sold at asking, and 47% were sold over asking.

Days on Market for 80236, CO

How long does it take to sell a home in 80236, CO?

Average Sale Time

Mar 2023Mar 2024CHANGE
14 Days35 Days+144.0%

Summary: Homes in 80236 had an average of 35 days on market in Mar 2024, up by 144% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80236 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 17 homes were sold in 80236; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% 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 29 Days Ago

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