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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adams County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Adams County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Adams County, CO

How much do homes in Adams County, CO cost?

Median Sold Price

$513,461

$271/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$3,540(+0.7%)

Key Takeaway

Homes in Adams County have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in Adams County was $513,461 in April 2024, up 0.7% from last year, and the median price per square foot was $271.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $235K$220K
-6.4%
2 $375K$391.4K
+4.4%
3 $495K$491.1K
-0.8%
4 $570K$550.6K
-3.4%
5+ $634K$630K
-0.6%

Summary: Adams County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.4%, 2 bedroom homes increased by 4.4%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 0.6%.

Median Sold Price Compared To Nearby Counties

Jefferson County
+2.6%
Adams County
+0.7%
Broomfield County
0.1%
Arapahoe County
-0.5%
Denver County
-3.9%

Housing Supply in Adams County, CO

How many homes are available in Adams County, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1,3632,010+47.5%

Summary: The Adams County real estate market had 2,010 homes for sale in April 2024, a 47.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1528
+86.7%
2 187277
+48.1%
3 571818
+43.3%
4 416601
+44.5%
5+ 174286
+64.4%

Summary: The Adams County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 86.7%, 2 bedroom homes increased by 48.1%, 3 bedroom homes increased by 43.3%, 4 bedroom homes increased by 44.5%, and 5+ bedroom homes increased by 64.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
163524+221.5%

Asking Price vs. Sold Price

169 Homes Were Sold
Under Asking

179 Homes Were Sold
At Asking

176 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adams County, expect to pay close to the asking price. 34.2% of homes here sold near the asking price last month.

Summary: A total of 524 homes were sold or pending in Adams County in April 2024, up by 221.5% month-over-month. Of the 524 sold homes, 32% were sold under asking, 34% were sold at asking, and 34% were sold over asking.

Days on Market for Adams County, CO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
21 Days33 Days+58.0%

Summary: Homes in Adams County had an average of 33 days on market in Apr 2024, up by 58% compared to last year.

Breakdown of Home Sale Times

368 Homes Were Sold
Under 30 Days

100 Homes Were Sold
In 30 - 90 Days

56 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 524 homes were sold in Adams County; 70% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 11% 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 2 Days Ago

Newest Listings in Adams County, CO

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