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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Huerfano County is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, Huerfano County has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Huerfano County, CO

How much do homes in Huerfano County, CO cost?

Median Sold Price

$297,500

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$27,500(+10.2%)

Key Takeaway

Homes in Huerfano County have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in Huerfano County was $297,500 in March 2024, up 10.2% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $121.3K$171K
+40.9%
2 $155.5K$207K
+33.1%
3 $332.5K$290.7K
-12.6%
4 $365K$666.9K
+82.7%
5+ $737.8K$890K
+20.6%

Summary: Huerfano County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.9%, 2 bedroom homes increased by 33.1%, 3 bedroom homes decreased by 12.6%, 4 bedroom homes increased by 82.7%, and 5+ bedroom homes increased by 20.6%.

Median Sold Price Compared To Nearby Counties

Huerfano County
+10.2%
Pueblo County
+1.3%
Alamosa County
0.0%
Custer County
-2.7%

Housing Supply in Huerfano County, CO

How many homes are available in Huerfano County, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5167+31.4%

Summary: The Huerfano County real estate market had 67 homes for sale in March 2024, a 31.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 44
0.0%
2 1216
+33.3%
3 1421
+50.0%
4 1014
+40.0%
5+ 1112
+9.1%

Summary: The Huerfano County 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 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
05+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Huerfano County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Huerfano County in March 2024, up by 100.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Huerfano County, CO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
222 Days117 Days-47.3%

Summary: Homes in Huerfano County had an average of 117 days on market in Mar 2024, down by 47.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 5 homes were sold in Huerfano County; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% 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 23 Days Ago

Newest Listings in Huerfano County, CO

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