Is Greeley, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Greeley has remained a Seller's Market.
Housing Prices in Greeley, CO
How much do homes in Greeley, CO cost?
Median Sold Price
$415,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Greeley was $415,000 in May 2024, the same as last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250K | $254K | +1.6% |
2 Bedrooms | $318K | $320K | +0.6% |
3 Bedrooms | $409K | $395K | -3.4% |
4 Bedrooms | $438.4K | $439K | 0.1% |
5+ Bedrooms | $474.9K | $466K | -1.9% |
Summary: Greeley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.6%, 2 bedroom homes increased by 0.6%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 1.9%.
Housing Supply in Greeley, CO
How many homes are available in Greeley, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
442 | 500 | +13.1% |
Summary: The Greeley real estate market had 500 homes for sale in May 2024, a 13.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 50 | 70 | +40.0% |
3 Bedrooms | 196 | 180 | -8.2% |
4 Bedrooms | 127 | 147 | +15.7% |
5+ Bedrooms | 65 | 97 | +49.2% |
Summary: The Greeley housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 49.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
136 | 144 | +5.9% |
Asking Price vs. Sold Price
54 Homes Were Sold
Under Asking
43 Homes Were Sold
At Asking
47 Homes Were Sold
Over Asking
Summary: A total of 144 homes were sold or pending in Greeley in May 2024, up by 5.9% month-over-month. Of the 144 sold homes, 38% were sold under asking, 30% were sold at asking, and 33% were sold over asking.
Days on Market for Greeley, CO
How long does it take to sell a home in Greeley, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
41 Days | 56 Days | +35.8% |
Summary: Homes in Greeley had an average of 56 days on market in May 2024, up by 35.8% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
82 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days
Summary: During May 2024, 144 homes were sold in Greeley; 28% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.