Is Adams County, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adams County is a seller's market

Buyer's
Market

Difference Since January 2023

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

Key Takeaway

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

Housing Prices in Adams County, CO

How much do homes in Adams County, CO cost?

Median Sold Price

$500,262

$271/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

-$12,973(-2.5%)

Key Takeaway

Homes in Adams County have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in Adams County was $500,262 in January 2024, down 2.5% from last year, and the median price per square foot was $271.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $246.3K$220K
-10.7%
2 $386.3K$380K
-1.6%
3 $500K$484.8K
-3.0%
4 $569.9K$545.3K
-4.3%
5+ $640K$620.2K
-3.1%

Summary: Adams County housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.7%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 3.1%.

Median Sold Price Compared To Nearby Counties

Broomfield County
+0.8%
Jefferson County
-0.5%
Arapahoe County
-2.1%
Adams County
-2.5%
Denver County
-4.6%

Housing Supply in Adams County, CO

How many homes are available in Adams County, CO?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
2,0132,050+1.8%

Summary: The Adams County real estate market had 2,050 homes for sale in January 2024, a 1.8% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 3027
-10.0%
2 235230
-2.1%
3 872882
+1.1%
4 619626
+1.1%
5+ 257285
+10.9%

Summary: The Adams County housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 10.9%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
599409-31.7%

Asking Price vs. Sold Price

203 Homes Were Sold
Under Asking

103 Homes Were Sold
At Asking

103 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adams County, you may be able to get a good deal. 49.6% of homes here sold below asking price last month.

Summary: A total of 409 homes were sold or pending in Adams County in January 2024, down by 31.7% month-over-month. Of the 409 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Adams County, CO

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

Average Sale Time

Jan 2023Jan 2024CHANGE
50 Days54 Days+9.3%

Summary: Homes in Adams County had an average of 54 days on market in Jan 2024, up by 9.3% compared to last year.

Breakdown of Home Sale Times

164 Homes Were Sold
Under 30 Days

158 Homes Were Sold
In 30 - 90 Days

87 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During January 2024, 409 homes were sold in Adams County; 40% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 21% 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 26 Days Ago

Newest Listings in Adams County, CO

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