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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sedalia is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Sedalia, CO

How much do homes in Sedalia, CO cost?

Median Sold Price

$775,533

$299/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$6,306(+0.8%)

Key Takeaway

Homes in Sedalia have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Sedalia was $775,533 in April 2024, up 0.8% from last year, and the median price per square foot was $299.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $321.5K$327.5K
+1.9%
2 $542.2K$525K
-3.2%
3 $641.3K$640K
-0.2%
4 $775K$786K
+1.4%
5+ $1.0M$1.0M
0.0%

Summary: Sedalia housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

South Jefferson
+4.4%
Sedalia
+0.8%
Littleton
-0.3%
Castle Rock
-0.8%

Housing Supply in Sedalia, CO

How many homes are available in Sedalia, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
493741+50.3%

Summary: The Sedalia real estate market had 741 homes for sale in April 2024, a 50.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 47
+75.0%
2 3456
+64.7%
3 143202
+41.3%
4 154230
+49.4%
5+ 158246
+55.7%

Summary: The Sedalia housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 64.7%, 3 bedroom homes increased by 41.3%, 4 bedroom homes increased by 49.4%, and 5+ bedroom homes increased by 55.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
80193+141.3%

Asking Price vs. Sold Price

84 Homes Were Sold
Under Asking

46 Homes Were Sold
At Asking

63 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sedalia, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.

Summary: A total of 193 homes were sold or pending in Sedalia in April 2024, up by 141.3% month-over-month. Of the 193 sold homes, 44% were sold under asking, 24% were sold at asking, and 33% were sold over asking.

Days on Market for Sedalia, CO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
19 Days27 Days+42.0%

Summary: Homes in Sedalia had an average of 27 days on market in Apr 2024, up by 42% compared to last year.

Breakdown of Home Sale Times

151 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

20 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 193 homes were sold in Sedalia; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 10% 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 Sedalia, CO

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