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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fremont County is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Fremont County was a Seller's Market.

Key Takeaway

Fremont County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Fremont County, CO

How much do homes in Fremont County, CO cost?

Median Sold Price

$368,500

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$11,500(-3.0%)

Key Takeaway

Homes in Fremont County have sold for 3% less than they did a year ago.

Summary: The median home sold price in Fremont County was $368,500 in February 2024, down 3% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $545K$377.5K
-30.7%
2 $312K$284.9K
-8.7%
3 $372.5K$350K
-6.0%
4 $390K$445.2K
+14.2%
5+ $560K$547K
-2.3%

Summary: Fremont County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.7%, 2 bedroom homes decreased by 8.7%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes decreased by 2.3%.

Median Sold Price Compared To Nearby Counties

Saguache County
+3.8%
Teller County
+2.9%
Chaffee County
+1.3%
Custer County
-0.6%
Fremont County
-3.0%

Housing Supply in Fremont County, CO

How many homes are available in Fremont County, CO?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
133148+11.3%

Summary: The Fremont County real estate market had 148 homes for sale in February 2024, a 11.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 55
0.0%
2 2935
+20.7%
3 7883
+6.4%
4 1216
+33.3%
5+ 99
0.0%

Summary: The Fremont County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
12120.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fremont County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Fremont County in February 2024, the same as the previous month. Of the 12 sold homes, 67% were sold under asking, 25% were sold at asking, and 8% were sold over asking.

Days on Market for Fremont County, CO

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

Average Sale Time

Feb 2023Feb 2024CHANGE
82 Days98 Days+19.7%

Summary: Homes in Fremont County had an average of 98 days on market in Feb 2024, up by 19.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Fremont County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2024, 12 homes were sold in Fremont County; 33% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 58% 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 28 Days Ago

Newest Listings in Fremont County, CO

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