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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pueblo is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Pueblo, CO

How much do homes in Pueblo, CO cost?

Median Sold Price

$330,000

$193/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since March 2023.

Key Takeaway

The sold price of homes in Pueblo has remained the same since last year.

Summary: The median home sold price in Pueblo was $330,000 in March 2024, the same as last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $150.9K$175.5K
+16.3%
2 $180K$210K
+16.7%
3 $329.9K$312.8K
-5.2%
4 $375K$365K
-2.7%
5+ $470K$455K
-3.2%

Summary: Pueblo housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.3%, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 3.2%.

Median Sold Price Compared To Nearby Cities

Pueblo West
+4.1%
Pueblo
0.0%

Housing Supply in Pueblo, CO

How many homes are available in Pueblo, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
333410+23.1%

Summary: The Pueblo real estate market had 410 homes for sale in March 2024, a 23.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 44
0.0%
2 3751
+37.8%
3 143175
+22.4%
4 91111
+22.0%
5+ 5869
+19.0%

Summary: The Pueblo housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 37.8%, 3 bedroom homes increased by 22.4%, 4 bedroom homes increased by 22%, and 5+ bedroom homes increased by 19%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3028-6.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pueblo, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 28 homes were sold or pending in Pueblo in March 2024, down by 6.7% month-over-month. Of the 28 sold homes, 25% were sold under asking, 43% were sold at asking, and 32% were sold over asking.

Days on Market for Pueblo, CO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
51 Days94 Days+83.9%

Summary: Homes in Pueblo had an average of 94 days on market in Mar 2024, up by 83.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 28 homes were sold in Pueblo; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 26 Days Ago

Newest Listings in Pueblo, CO

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