Is Canon City, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Canon City was a Neutral Market.
Housing Prices in Canon City, CO
How much do homes in Canon City, CO cost?
Median Sold Price
$465,000
$260/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Canon City was $465,000 in March 2024, up 82.4% from last month, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $255K | $465K | +82.4% |
3 Bedrooms | $291.7K | $541K | +85.4% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Canon City housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 82.4%, 3 bedroom homes increased by 85.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Canon City | $255K | $465K | +82.4% |
Victor | $299K | $540K | +80.6% |
Housing Supply in Canon City, CO
How many homes are available in Canon City, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
54 | 58 | +7.4% |
Summary: The Canon City real estate market had 58 homes for sale in March 2024, a 7.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 34 | 32 | -5.9% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Canon City 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 11.1%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 6 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Canon City in March 2024, down by 33.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Canon City, CO
How long does it take to sell a home in Canon City, CO?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
90 Days | 47 Days | -47.4% |
Summary: Homes in Canon City had an average of 47 days on market in Mar 2024, down by 47.4% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Canon City; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.