Is 80642, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80642 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 80642 was a Buyer's Market.

Key Takeaway

80642 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80642, CO

How much do homes in 80642, CO cost?

Median Sold Price

$632,900

$299/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$32,900(+5.5%)

Key Takeaway

Homes in 80642 have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in 80642 was $632,900 in April 2024, up 5.5% from last year, and the median price per square foot was $299.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $375K$363.3K
-3.1%
3 $600K$537.5K
-10.4%
4 $582.4K$809K
+38.9%
5+ $862.4K$1.0M
+27.2%

Summary: 80642 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes increased by 38.9%, and 5+ bedroom homes increased by 27.2%.

Median Sold Price Compared To Nearby Zip Codes

80642
+5.5%
80621
0.5%
80603
0.4%
80651
-6.1%

Housing Supply in 80642, CO

How many homes are available in 80642, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1115+36.4%

Summary: The 80642 real estate market had 15 homes for sale in April 2024, a 36.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 34
+33.3%
4 710
+42.9%
5+ 00
0.0%

Summary: The 80642 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was 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 80642, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 80642 in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 80642, CO

How long does it take to sell a home in 80642, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
7 Days5 Days-28.6%

Summary: Homes in 80642 had an average of 5 days on market in Apr 2024, down by 28.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80642 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in 80642; 100% of homes were sold within 30 days, 0% 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 14 Days Ago

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