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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greeley is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

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

+$8(0.0%)

Key Takeaway

The sold price of homes in Greeley has remained the same since last year.

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

# BEDSMay 2023May 2024CHANGE
1 $250K$254K
+1.6%
2 $318K$320K
+0.6%
3 $409K$395K
-3.4%
4 $438.4K$439K
0.1%
5+ $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%.

Median Sold Price Compared To Nearby Cities

Windsor
+5.8%
Johnstown
+2.6%
Greeley
0.0%
Evans
-1.0%

Housing Supply in Greeley, CO

How many homes are available in Greeley, CO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
442500+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

# BEDSApr 2024May 2024CHANGE
1 46
+50.0%
2 5070
+40.0%
3 196180
-8.2%
4 127147
+15.7%
5+ 6597
+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 2024May 2024CHANGE
136144+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greeley, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

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 2023May 2024CHANGE
41 Days56 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Greeley has remained consistent over time.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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