Is Sedalia, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Sedalia has remained a Seller's Market.
Housing Prices in Sedalia, CO
How much do homes in Sedalia, CO cost?
Median Sold Price
$735,794
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Sedalia was $735,794 in March 2024, down 0.9% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325K | $335K | +3.1% |
2 Bedrooms | $520.6K | $515K | -1.1% |
3 Bedrooms | $638.3K | $635K | -0.5% |
4 Bedrooms | $772.8K | $776.2K | 0.4% |
5+ Bedrooms | $1.0M | $1.0M | -2.6% |
Summary: Sedalia housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 2.6%.
Median Sold Price Compared To Nearby Cities
South Jefferson | $903.3K | $950K | +5.2% |
Castle Rock | $670.3K | $674.9K | +0.7% |
Littleton | $652.8K | $650K | -0.4% |
Sedalia | $742.6K | $735.7K | -0.9% |
Housing Supply in Sedalia, CO
How many homes are available in Sedalia, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
869 | 981 | +12.9% |
Summary: The Sedalia real estate market had 981 homes for sale in March 2024, a 12.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 6 | -25.0% |
2 Bedrooms | 63 | 68 | +7.9% |
3 Bedrooms | 264 | 300 | +13.6% |
4 Bedrooms | 289 | 298 | +3.1% |
5+ Bedrooms | 245 | 309 | +26.1% |
Summary: The Sedalia housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 26.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
239 | 262 | +9.6% |
Asking Price vs. Sold Price
105 Homes Were Sold
Under Asking
74 Homes Were Sold
At Asking
83 Homes Were Sold
Over Asking
Summary: A total of 262 homes were sold or pending in Sedalia in March 2024, up by 9.6% month-over-month. Of the 262 sold homes, 40% were sold under asking, 28% were sold at asking, and 32% were sold over asking.
Days on Market for Sedalia, CO
How long does it take to sell a home in Sedalia, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 53 Days | +16.3% |
Summary: Homes in Sedalia had an average of 53 days on market in Mar 2024, up by 16.3% compared to last year.
Breakdown of Home Sale Times
157 Homes Were Sold
Under 30 Days
40 Homes Were Sold
In 30 - 90 Days
65 Homes Were Sold
Over 90 Days
Summary: During March 2024, 262 homes were sold in Sedalia; 60% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.