Is 80461, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80461 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 80461 was a Buyer's Market.

Key Takeaway

80461 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 80461, CO

How much do homes in 80461, CO cost?

Median Sold Price

$459,000

$461/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$225,500(-32.9%)

Key Takeaway

Homes in 80461 have sold for 32.9% less than they did a month ago.

Summary: The median home sold price in 80461 was $459,000 in April 2024, down 32.9% from last month, and the median price per square foot was $461.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $900K$444.5K
-50.6%
3 $469K$575K
+22.6%
4 -$461.7K
N/A
5+ --
N/A

Summary: 80461 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 50.6%, 3 bedroom homes increased by 22.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

80440
+63.6%
80461
-32.9%

Housing Supply in 80461, CO

How many homes are available in 80461, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2132+52.4%

Summary: The 80461 real estate market had 32 homes for sale in April 2024, a 52.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 67
+16.7%
3 914
+55.6%
4 48
+100.0%
5+ 12
+100.0%

Summary: The 80461 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 16.7%, 3 bedroom homes increased by 55.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80461, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 80461 in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 80461, CO

How long does it take to sell a home in 80461, CO?

Average Sale Time

Mar 2024Apr 2024CHANGE
10 Days36 Days+246.7%

Summary: Homes in 80461 had an average of 36 days on market in Apr 2024, up by 246.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80461 has remained consistent over time.

Summary: During April 2024, 5 homes were sold in 80461; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% 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 7 Days Ago

Newest Listings in 80461, CO

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