Is Cheesman Park, CO a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Cheesman Park is a neutral's market


Difference Since November 2022

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

Key Takeaway

Cheesman Park 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 Cheesman Park, CO

How much do homes in Cheesman Park, CO cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Cheesman Park have sold for 2.3% less than they did a year ago.

Summary: The median home sold price in Cheesman Park was $425,000 in November 2023, down 2.3% from last year, and the median price per square foot was $451.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $307K$293K
2 $461.5K$449.9K
3 $825K$1.0M
4 $1.1M$1.1M
5+ $1.2M$1.0M

Summary: Cheesman Park housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 4.6%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 25.5%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes decreased by 18.3%.

Median Sold Price Compared To Nearby Neighborhoods

Congress Park
City Park West
Cheesman Park
Northeast Denver
Denver City Park

Housing Supply in Cheesman Park, CO

How many homes are available in Cheesman Park, CO?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Cheesman Park real estate market had 50 homes for sale in November 2023, a 6.4% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 1011
2 1619
3 1514
4 44
5+ 22

Summary: The Cheesman Park housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 18.8%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cheesman Park, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Cheesman Park in November 2023, up by 300.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Cheesman Park, CO

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

Average Sale Time

Nov 2022Nov 2023CHANGE
24 Days22 Days-8.9%

Summary: Homes in Cheesman Park had an average of 22 days on market in Nov 2023, down by 8.9% compared to last year.

Breakdown of Home Sale Times

5 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

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

Summary: During November 2023, 8 homes were sold in Cheesman Park; 63% of homes were sold within 30 days, 38% 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 Cheesman Park, CO

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