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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pueblo West is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Pueblo West, CO

How much do homes in Pueblo West, CO cost?

Median Sold Price

$425,000

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$16,700(+4.1%)

Key Takeaway

Homes in Pueblo West have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Pueblo West was $425,000 in March 2024, up 4.1% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $315.5K$308.5K
-2.2%
3 $395K$399.9K
+1.2%
4 $410.9K$444.5K
+8.2%
5+ $475K$494.9K
+4.2%

Summary: Pueblo West housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 4.2%.

Median Sold Price Compared To Nearby Cities

Pueblo West
+4.1%
Pueblo
0.0%
Southeastern El Paso
0.0%

Housing Supply in Pueblo West, CO

How many homes are available in Pueblo West, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
113146+29.2%

Summary: The Pueblo West real estate market had 146 homes for sale in March 2024, a 29.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 44
0.0%
3 4965
+32.7%
4 3238
+18.8%
5+ 2839
+39.3%

Summary: The Pueblo West 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 remained the same, 3 bedroom homes increased by 32.7%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 39.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pueblo West, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in Pueblo West in March 2024, down by 9.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 50% were sold at asking, and 10% were sold over asking.

Days on Market for Pueblo West, CO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
45 Days107 Days+138.2%

Summary: Homes in Pueblo West had an average of 107 days on market in Mar 2024, up by 138.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 10 homes were sold in Pueblo West; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% 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 30 Days Ago

Newest Listings in Pueblo West, CO

Nearby Markets to Pueblo West, CO

What housing markets are near Pueblo West, CO?