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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nunn is a neutral's market

Buyer's
Market

Difference Since April 2023

Since last year, Nunn has remained a Neutral Market.

Key Takeaway

Nunn 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 Nunn, CO

How much do homes in Nunn, CO cost?

Median Sold Price

$519,999

$292/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$56,499(+12.2%)

Key Takeaway

Homes in Nunn have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in Nunn was $519,999 in April 2024, up 12.2% from last year, and the median price per square foot was $292.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $247.5K$325K
+31.3%
3 $477K$499.9K
+4.8%
4 $674.9K$540K
-20.0%
5+ $361.2K$775K
+114.5%

Summary: Nunn 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 increased by 31.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 114.5%.

Housing Supply in Nunn, CO

How many homes are available in Nunn, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
812+50.0%

Summary: The Nunn real estate market had 12 homes for sale in April 2024, a 50.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 24
+100.0%
4 34
+33.3%
5+ 22
0.0%

Summary: The Nunn 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 increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nunn, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Nunn in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Nunn, CO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
29 Days29 Days+1.7%

Summary: Homes in Nunn had an average of 29 days on market in Apr 2024, up by 1.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During April 2024, 2 homes were sold in Nunn; 50% of homes were sold within 30 days, 50% 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 1 Day Ago

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