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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kersey is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Kersey is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Kersey, CO

How much do homes in Kersey, CO cost?

Median Sold Price

$448,500

$253/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,000(+5.2%)

Key Takeaway

Homes in Kersey have sold for 5.2% more than they did a year ago.

Summary: The median home sold price in Kersey was $448,500 in October 2024, up 5.2% from last year, and the median price per square foot was $253.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $300K$420K
+40.0%
3 $412K$447.5K
+8.6%
4 $443K$424.7K
-4.1%
5+ $581K$522.5K
-10.1%

Summary: Kersey housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 10.1%.

Median Sold Price Compared To Nearby Cities

Kersey-Gill
+7.8%
Kersey
+5.2%

Housing Supply in Kersey, CO

How many homes are available in Kersey, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
67+16.7%

Summary: The Kersey real estate market had 7 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 33
0.0%
4 11
0.0%
5+ 01
+100.0%

Summary: The Kersey housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was 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 Kersey, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Kersey in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Kersey, CO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days63 Days+31.3%

Summary: Homes in Kersey had an average of 63 days on market in Oct 2024, up by 31.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Kersey; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 6 Days Ago

Newest Listings in Kersey, CO

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What housing markets are near Kersey, CO?