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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Estes Park is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Estes Park has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Estes Park, CO

How much do homes in Estes Park, CO cost?

Median Sold Price

$682,583

$408/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$13,000(+1.9%)

Key Takeaway

Homes in Estes Park have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Estes Park was $682,583 in March 2024, up 1.9% from last year, and the median price per square foot was $408.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $350K$356.2K
+1.8%
2 $460K$550K
+19.6%
3 $765K$730K
-4.6%
4 $982.5K$910K
-7.4%
5+ $990K$1.1M
+15.6%

Summary: Estes Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes increased by 19.6%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 15.6%.

Median Sold Price Compared To Nearby Cities

Estes Park
+1.9%
Drake
-7.1%

Housing Supply in Estes Park, CO

How many homes are available in Estes Park, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
101113+11.9%

Summary: The Estes Park real estate market had 113 homes for sale in March 2024, a 11.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1010
0.0%
2 2225
+13.6%
3 4046
+15.0%
4 1718
+5.9%
5+ 1214
+16.7%

Summary: The Estes Park 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 13.6%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1820+11.1%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Estes Park, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Estes Park in March 2024, up by 11.1% month-over-month. Of the 20 sold homes, 60% were sold under asking, 35% were sold at asking, and 5% were sold over asking.

Days on Market for Estes Park, CO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
46 Days79 Days+72.9%

Summary: Homes in Estes Park had an average of 79 days on market in Mar 2024, up by 72.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Estes Park has remained consistent over time.

Summary: During March 2024, 20 homes were sold in Estes Park; 10% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 35% 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 Estes Park, CO

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