Is Mead, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Mead has remained a Seller's Market.
Housing Prices in Mead, CO
How much do homes in Mead, CO cost?
Median Sold Price
$555,000
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mead was $555,000 in April 2024, down 4.3% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $214.5K | N/A |
2 Bedrooms | - | $270K | N/A |
3 Bedrooms | $511K | $501K | -2.0% |
4 Bedrooms | $611.2K | $564K | -7.7% |
5+ Bedrooms | $610K | $655K | +7.4% |
Summary: Mead housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Cities
Johnstown-Milliken | $477.1K | $500K | +4.8% |
Erie-Frederick | $600K | $597.5K | -0.4% |
Johnstown | $525.8K | $518K | -1.5% |
Berthoud | $600K | $585K | -2.5% |
Mead | $580K | $555K | -4.3% |
Housing Supply in Mead, CO
How many homes are available in Mead, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 38 | +11.8% |
Summary: The Mead real estate market had 38 homes for sale in April 2024, a 11.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 11 | 16 | +45.5% |
4 Bedrooms | 14 | 13 | -7.1% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Mead housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 45.5%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Mead in April 2024, up by 28.6% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for Mead, CO
How long does it take to sell a home in Mead, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
85 Days | 47 Days | -44.1% |
Summary: Homes in Mead had an average of 47 days on market in Apr 2024, down by 44.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Mead; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.