Is Idaho Springs, 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, Idaho Springs was a Seller's Market.
Housing Prices in Idaho Springs, CO
How much do homes in Idaho Springs, CO cost?
Median Sold Price
$485,000
$348/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Idaho Springs was $485,000 in March 2024, down 11.8% from last year, and the median price per square foot was $348.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $285K | $317.5K | +11.4% |
2 Bedrooms | $475K | $435K | -8.4% |
3 Bedrooms | $560K | $565K | +0.9% |
4 Bedrooms | $829.2K | $779K | -6.1% |
5+ Bedrooms | $732.5K | $750K | +2.4% |
Summary: Idaho Springs housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.4%, 2 bedroom homes decreased by 8.4%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Cities
Evergreen | $884.9K | $920K | +4.0% |
Idaho Springs | $550K | $485K | -11.8% |
Housing Supply in Idaho Springs, CO
How many homes are available in Idaho Springs, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 20 | +5.3% |
Summary: The Idaho Springs real estate market had 20 homes for sale in March 2024, a 5.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 4 | 8 | +100.0% |
3 Bedrooms | 8 | 8 | 0.0% |
4 Bedrooms | 5 | 3 | -40.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Idaho Springs housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Idaho Springs in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Idaho Springs, CO
How long does it take to sell a home in Idaho Springs, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
78 Days | 83 Days | +6.4% |
Summary: Homes in Idaho Springs had an average of 83 days on market in Mar 2024, up by 6.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Idaho Springs; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.