Is Federal Heights, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Federal Heights was a Seller's Market.
Housing Prices in Federal Heights, CO
How much do homes in Federal Heights, CO cost?
Median Sold Price
$391,000
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Federal Heights was $391,000 in March 2024, down 2.9% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $340K | $300K | -11.8% |
3 Bedrooms | $395K | $404.9K | +2.5% |
4 Bedrooms | $483.5K | $430K | -11.1% |
5+ Bedrooms | $415K | $541K | +30.4% |
Summary: Federal Heights 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 decreased by 11.8%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 30.4%.
Median Sold Price Compared To Nearby Cities
West Adams | $495.2K | $490.3K | -1.0% |
Northglenn | $485.3K | $479.9K | -1.1% |
Westminster | $531.3K | $525K | -1.2% |
Westminster | $514.7K | $505K | -1.9% |
Federal Heights | $402.5K | $391K | -2.9% |
Housing Supply in Federal Heights, CO
How many homes are available in Federal Heights, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 17 | -10.5% |
Summary: The Federal Heights real estate market had 17 homes for sale in March 2024, a 10.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 17 | 13 | -23.5% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Federal Heights 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 remained the same, 3 bedroom homes decreased by 23.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 2 | -77.8% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Federal Heights in March 2024, down by 77.8% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Federal Heights, CO
How long does it take to sell a home in Federal Heights, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 35 Days | -10.8% |
Summary: Homes in Federal Heights had an average of 35 days on market in Mar 2024, down by 10.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Federal Heights; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.