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

Housing Market Conditions



Gauge showing Lake County is a neutral's market


Difference Since March 2023

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

Key Takeaway

Lake County 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 Lake County, CO

How much do homes in Lake County, CO cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since March 2023


Key Takeaway

Homes in Lake County have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in Lake County was $536,000 in March 2024, down 1.4% from last year, and the median price per square foot was $376.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $350K$370.2K
2 $472.4K$421.5K
3 $559.5K$560K
4 $670K$670K
5+ $712.5K$750K

Summary: Lake County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.8%, 2 bedroom homes decreased by 10.8%, 3 bedroom homes increased by 0.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 5.3%.

Median Sold Price Compared To Nearby Counties

Summit County
Park County
Lake County

Housing Supply in Lake County, CO

How many homes are available in Lake County, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE

Summary: The Lake County real estate market had 37 homes for sale in March 2024, a 7.5% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 21
2 109
3 1817
4 46
5+ 64

Summary: The Lake County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lake County, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Lake County in March 2024, down by 14.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Lake County, CO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
53 Days79 Days+48.3%

Summary: Homes in Lake County had an average of 79 days on market in Mar 2024, up by 48.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lake County are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 6 homes were sold in Lake County; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 24 Days Ago

Newest Listings in Lake County, CO

Nearby Markets to Lake County, CO

What housing markets are near Lake County, CO?