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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Park County is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Park County, CO

How much do homes in Park County, CO cost?

Median Sold Price

$550,000

$321/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$36,250(-6.2%)

Key Takeaway

Homes in Park County have sold for 6.2% less than they did a year ago.

Summary: The median home sold price in Park County was $550,000 in April 2024, down 6.2% from last year, and the median price per square foot was $321.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $152K$350K
+130.3%
2 $450K$409K
-9.1%
3 $612.5K$565K
-7.8%
4 $820K$665K
-18.9%
5+ $750K$725K
-3.3%

Summary: Park County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 130.3%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes decreased by 18.9%, and 5+ bedroom homes decreased by 3.3%.

Median Sold Price Compared To Nearby Counties

Chaffee County
+21.5%
Park County
-6.2%

Housing Supply in Park County, CO

How many homes are available in Park County, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
128185+44.5%

Summary: The Park County real estate market had 185 homes for sale in April 2024, a 44.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 912
+33.3%
2 2943
+48.3%
3 6181
+32.8%
4 2238
+72.7%
5+ 711
+57.1%

Summary: The Park County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 48.3%, 3 bedroom homes increased by 32.8%, 4 bedroom homes increased by 72.7%, and 5+ bedroom homes increased by 57.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
835+337.5%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Park County, you may be able to get a good deal. 62.9% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Park County in April 2024, up by 337.5% month-over-month. Of the 35 sold homes, 63% were sold under asking, 17% were sold at asking, and 20% were sold over asking.

Days on Market for Park County, CO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
18 Days81 Days+330.8%

Summary: Homes in Park County had an average of 81 days on market in Apr 2024, up by 330.8% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 35 homes were sold in Park County; 51% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 31% 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 Park County, CO

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