Is 80654, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80654 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 80654 was a Seller's Market.

Key Takeaway

80654 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 80654, CO

How much do homes in 80654, CO cost?

Median Sold Price

$434,712

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$34,462(+8.6%)

Key Takeaway

Homes in 80654 have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in 80654 was $434,712 in March 2024, up 8.6% from last year, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$245K
N/A
2 $315.4K$433.9K
+37.6%
3 $400K$417.5K
+4.4%
4 $415.2K$432.7K
+4.2%
5+ $600K$527K
-12.2%

Summary: 80654 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 increased by 37.6%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 12.2%.

Median Sold Price Compared To Nearby Zip Codes

80654
+8.6%
80701
0.2%

Housing Supply in 80654, CO

How many homes are available in 80654, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3042+40.0%

Summary: The 80654 real estate market had 42 homes for sale in March 2024, a 40.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 78
+14.3%
3 1924
+26.3%
4 26
+200.0%
5+ 13
+200.0%

Summary: The 80654 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 increased by 14.3%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
07+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80654, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 80654 in March 2024, up by 100.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.

Days on Market for 80654, CO

How long does it take to sell a home in 80654, CO?

Average Sale Time

Mar 2023Mar 2024CHANGE
65 Days61 Days-7.2%

Summary: Homes in 80654 had an average of 61 days on market in Mar 2024, down by 7.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80654 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 7 homes were sold in 80654; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% 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 17 Days Ago

Newest Listings in 80654, CO

Nearby Markets to 80654, CO