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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gilpin County is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Gilpin County, CO

How much do homes in Gilpin County, CO cost?

Median Sold Price

$564,500

$338/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$19,500(+3.6%)

Key Takeaway

Homes in Gilpin County have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Gilpin County was $564,500 in April 2024, up 3.6% from last year, and the median price per square foot was $338.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $324.9K$399K
+22.8%
2 $455K$490.1K
+7.7%
3 $634.3K$587K
-7.5%
4 $865K$796K
-8.0%
5+ $606.5K$1.7M
+180.3%

Summary: Gilpin County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.8%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 180.3%.

Median Sold Price Compared To Nearby Counties

Gilpin County
+3.6%
Jefferson County
+2.6%
Boulder County
+0.6%
Clear Creek County
-16.9%

Housing Supply in Gilpin County, CO

How many homes are available in Gilpin County, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2636+38.5%

Summary: The Gilpin County real estate market had 36 homes for sale in April 2024, a 38.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 610
+66.7%
3 1013
+30.0%
4 78
+14.3%
5+ 24
+100.0%

Summary: The Gilpin County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

6 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gilpin County, expect to pay close to the asking price. 85.7% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Gilpin County in April 2024, up by 250.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 86% were sold at asking, and 0% were sold over asking.

Days on Market for Gilpin County, CO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
144 Days19 Days-86.4%

Summary: Homes in Gilpin County had an average of 19 days on market in Apr 2024, down by 86.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 7 homes were sold in Gilpin County; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

Newest Listings in Gilpin County, CO

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