Is Rio Blanco County, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rio Blanco County is a seller's market

Buyer's
Market

Difference Since October 2021

At the same time last year, Rio Blanco County was a Neutral Market.

Key Takeaway

Rio Blanco County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Rio Blanco County, CO cost?

Median Sold Price

$168,000

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

-$25,000(-13.0%)

Key Takeaway

Homes in Rio Blanco County have sold for 13% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 -$82.7K
N/A
2 $99.7K$109K
+9.3%
3 $175.4K$182K
+3.7%
4 $228.7K$194K
-15.2%
5+ $287.5K$191.5K
-33.4%

Median Sold Price Compared To Nearby Counties

Routt County
+30.4%
Moffat County
+10.6%
Rio Blanco County
-13.0%

How many homes are available in Rio Blanco County, CO?

Number of Homes For Sale

Sep 2022Oct 2022%
137-46.2%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 43
-25.0%
3 30
-100.0%
4 31
-66.7%
5+ 33
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
72-71.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rio Blanco County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
25 Days114 Days+349.0%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Rio Blanco County, CO

There are 7 homes are for sale in Rio Blanco County, CO real estate market. Between September 2022 and October 2022, Rio Blanco County, CO real estate market has seen decrease in the number of listings by 46.2%. In October 2022 median list price was $168,000 and the average listing age was 114 days. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 9.3% more expensive, 3 bedrooms properties became 3.7% more expensive, prices of 4 bedrooms properties went down by 15.2%, 5 bedrooms properties became 33.4% more cheaper. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 25% less available, the quantity of 3 bedrooms homes went down by 100%, number of 4 bedrooms homes decreased by 66.7%, number of 5 bedrooms homes remained the same. In October 2022, from all listings sold in Rio Blanco County, CO there were more than 0 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price.

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