Is Park County, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Park County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $152K | $350K | +130.3% |
2 Bedrooms | $450K | $409K | -9.1% |
3 Bedrooms | $612.5K | $565K | -7.8% |
4 Bedrooms | $820K | $665K | -18.9% |
5+ Bedrooms | $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 | $617.5K | $750K | +21.5% |
Park County | $586.2K | $550K | -6.2% |
Housing Supply in Park County, CO
How many homes are available in Park County, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
128 | 185 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 12 | +33.3% |
2 Bedrooms | 29 | 43 | +48.3% |
3 Bedrooms | 61 | 81 | +32.8% |
4 Bedrooms | 22 | 38 | +72.7% |
5+ Bedrooms | 7 | 11 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 35 | +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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 81 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
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.