Is Nathrop, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nathrop is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Nathrop, CO

How much do homes in Nathrop, CO cost?

Median Sold Price

$862,000

$354/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$217,000(+33.6%)

Key Takeaway

Homes in Nathrop have sold for 33.6% more than they did a year ago.

Summary: The median home sold price in Nathrop was $862,000 in April 2024, up 33.6% from last year, and the median price per square foot was $354.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $86.2K$177.5K
+105.8%
2 $505.5K$862K
+70.5%
3 $719.5K$1.1M
+53.1%
4 -$739K
N/A
5+ --
N/A

Summary: Nathrop housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 105.8%, 2 bedroom homes increased by 70.5%, 3 bedroom homes increased by 53.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Nathrop, CO

How many homes are available in Nathrop, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
15150.0%

Summary: The Nathrop real estate market had 15 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 55
0.0%
2 11
0.0%
3 66
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Nathrop 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nathrop, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Nathrop in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Nathrop, CO

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

Breakdown of Home Sale Times

1 Home Was 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 Nathrop are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 3 homes were sold in Nathrop; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 Apr 1, 2024

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