Is Greeley, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greeley is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Greeley, CO

How much do homes in Greeley, CO cost?

Median Sold Price

$405,329

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$14,742(-3.5%)

Key Takeaway

Homes in Greeley have sold for 3.5% less than they did a year ago.

Summary: The median home sold price in Greeley was $405,329 in March 2024, down 3.5% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $245K$254K
+3.7%
2 $322K$319.7K
-0.7%
3 $418.8K$390K
-6.9%
4 $444.4K$430.2K
-3.2%
5+ $474.8K$470.3K
-1.0%

Summary: Greeley housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 1%.

Median Sold Price Compared To Nearby Cities

Evans
-1.3%
Windsor
-1.6%
Johnstown
-2.8%
Greeley
-3.5%

Housing Supply in Greeley, CO

How many homes are available in Greeley, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
467484+3.6%

Summary: The Greeley real estate market had 484 homes for sale in March 2024, a 3.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 45
+25.0%
2 7766
-14.3%
3 159183
+15.1%
4 152157
+3.3%
5+ 7573
-2.7%

Summary: The Greeley housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 2.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
116125+7.8%

Asking Price vs. Sold Price

42 Homes Were Sold
Under Asking

49 Homes Were Sold
At Asking

34 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greeley, expect to pay close to the asking price. 39.2% of homes here sold near the asking price last month.

Summary: A total of 125 homes were sold or pending in Greeley in March 2024, up by 7.8% month-over-month. Of the 125 sold homes, 34% were sold under asking, 39% were sold at asking, and 27% were sold over asking.

Days on Market for Greeley, CO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
63 Days65 Days+3.2%

Summary: Homes in Greeley had an average of 65 days on market in Mar 2024, up by 3.2% compared to last year.

Breakdown of Home Sale Times

34 Homes Were Sold
Under 30 Days

57 Homes Were Sold
In 30 - 90 Days

34 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Greeley has remained consistent over time.

Summary: During March 2024, 125 homes were sold in Greeley; 27% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 27% 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 22 Days Ago

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