Is Nathrop, 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, Nathrop was a Seller's Market.
Key Takeaway
Nathrop is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Nathrop, CO
How much do homes in Nathrop, CO cost?
Median Sold Price
$600,000
$403/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Nathrop have sold for 7.7% less than they did a year ago.
Summary: The median home sold price in Nathrop was $600,000 in March 2024, down 7.7% from last year, and the median price per square foot was $403.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $123K | $206.5K | +67.9% |
| 2 Bedrooms | $477.5K | $599.6K | +25.6% |
| 3 Bedrooms | $835K | $799K | -4.3% |
| 4 Bedrooms | $650K | $1.0M | +53.8% |
| 5+ Bedrooms | $1.6M | $1.1M | -33.3% |
Summary: Nathrop housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 67.9%, 2 bedroom homes increased by 25.6%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 53.8%, and 5+ bedroom homes decreased by 33.3%.
Housing Supply in Nathrop, CO
How many homes are available in Nathrop, CO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 28 | +21.7% |
Summary: The Nathrop real estate market had 28 homes for sale in March 2024, a 21.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 10 | +42.9% |
| 2 Bedrooms | 6 | 3 | -50.0% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Nathrop housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Nathrop, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Nathrop in March 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Nathrop, CO
How long does it take to sell a home in Nathrop, CO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 73 Days | 85 Days | +16.4% |
Summary: Homes in Nathrop had an average of 85 days on market in Mar 2024, up by 16.4% 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
Key Takeaway
Most homes in Nathrop are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 3 homes were sold in Nathrop; 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.
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