Is 80138, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80138 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 80138 has remained a Seller's Market.

Key Takeaway

80138 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80138, CO

How much do homes in 80138, CO cost?

Median Sold Price

$719,986

$283/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$17,513(-2.4%)

Key Takeaway

Homes in 80138 have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in 80138 was $719,986 in October 2024, down 2.4% from last year, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $543K$588.5K
+8.4%
3 $648K$625K
-3.5%
4 $749.9K$750K
0.0%
5+ $875K$850K
-2.9%

Summary: 80138 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.4%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 2.9%.

Median Sold Price Compared To Nearby Zip Codes

80134
+0.6%
80138
-2.4%
80016
-3.0%
80107
-11.5%

Housing Supply in 80138, CO

How many homes are available in 80138, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
213238+11.7%

Summary: The 80138 real estate market had 238 homes for sale in October 2024, a 11.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1422
+57.1%
3 5663
+12.5%
4 8389
+7.2%
5+ 6064
+6.7%

Summary: The 80138 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 57.1%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 6.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2853+89.3%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80138, you may be able to get a good deal. 52.8% of homes here sold below asking price last month.

Summary: A total of 53 homes were sold or pending in 80138 in October 2024, up by 89.3% month-over-month. Of the 53 sold homes, 53% were sold under asking, 32% were sold at asking, and 15% were sold over asking.

Days on Market for 80138, CO

How long does it take to sell a home in 80138, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days64 Days+86.0%

Summary: Homes in 80138 had an average of 64 days on market in Oct 2024, up by 86% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80138 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 53 homes were sold in 80138; 43% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 21% 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 4 Days Ago

Newest Listings in 80138, CO

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