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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kit Carson County is a buyer's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Kit Carson County, CO

How much do homes in Kit Carson County, CO cost?

Median Sold Price

$191,000

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$24,000(-11.2%)

Key Takeaway

Homes in Kit Carson County have sold for 11.2% less than they did a year ago.

Summary: The median home sold price in Kit Carson County was $191,000 in February 2024, down 11.2% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $85K$217.1K
+155.5%
2 $143.3K$124.4K
-13.2%
3 $274.2K$205K
-25.3%
4 $250K$285K
+14.0%
5+ $360K$335K
-6.9%

Summary: Kit Carson County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 155.5%, 2 bedroom homes decreased by 13.2%, 3 bedroom homes decreased by 25.3%, 4 bedroom homes increased by 14%, and 5+ bedroom homes decreased by 6.9%.

Housing Supply in Kit Carson County, CO

How many homes are available in Kit Carson County, CO?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3135+12.9%

Summary: The Kit Carson County real estate market had 35 homes for sale in February 2024, a 12.9% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1011
+10.0%
4 811
+37.5%
5+ 1011
+10.0%

Summary: The Kit Carson 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 decreased by 33.3%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 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 Kit Carson County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Kit Carson County in February 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Kit Carson County, CO

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

Average Sale Time

Feb 2023Feb 2024CHANGE
186 Days149 Days-20.1%

Summary: Homes in Kit Carson County had an average of 149 days on market in Feb 2024, down by 20.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 2 homes were sold in Kit Carson County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 Kit Carson County, CO

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