Is 80004, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80004 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 80004 has remained a Seller's Market.

Key Takeaway

80004 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80004, CO

How much do homes in 80004, CO cost?

Median Sold Price

$630,000

$308/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,000(-0.8%)

Key Takeaway

Homes in 80004 have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in 80004 was $630,000 in October 2024, down 0.8% from last year, and the median price per square foot was $308.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $289K$339.9K
+17.6%
2 $449.2K$462.5K
+2.9%
3 $580K$597K
+2.9%
4 $650K$655K
+0.8%
5+ $690K$685K
-0.7%

Summary: 80004 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.6%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 0.7%.

Median Sold Price Compared To Nearby Zip Codes

80002
+7.4%
80003
-0.1%
80004
-0.8%
80005
-1.7%
80007
-4.2%

Housing Supply in 80004, CO

How many homes are available in 80004, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
161169+5.0%

Summary: The 80004 real estate market had 169 homes for sale in October 2024, a 5.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 35
+66.7%
2 1921
+10.5%
3 4747
0.0%
4 6160
-1.6%
5+ 3136
+16.1%

Summary: The 80004 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 10.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 16.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4048+20.0%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80004, you may be able to get a good deal. 45.8% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in 80004 in October 2024, up by 20.0% month-over-month. Of the 48 sold homes, 46% were sold under asking, 25% were sold at asking, and 29% were sold over asking.

Days on Market for 80004, CO

How long does it take to sell a home in 80004, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days40 Days+130.6%

Summary: Homes in 80004 had an average of 40 days on market in Oct 2024, up by 130.6% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80004 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 48 homes were sold in 80004; 52% of homes were sold within 30 days, 38% 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 16 Days Ago

Real Estate Agent illustration

Local real estate agents are ready to help you find a home here.

Connect With An Agent
Real Estate Agent illustration

Sell your home with an expert or get the job done on your own.

Sell My Home
Real Estate Agent illustration

Get a customizable mortgage solution based on today's rates.

Get Approved

Newest Listings in 80004, CO

Nearby Markets to 80004, CO

MLS Disclaimers and Copyright

Based on information from REColorado for the period 11/01/2022 - 11/01/2024

IDX Listings courtesy of REColorado as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX ©2024 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.

Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 3:12:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Popular Cities with Homes for Sale in Colorado