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 November 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

$731,666

$284/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,833(-0.2%)

Key Takeaway

The sold price of homes in 80138 has remained the same since last year.

Summary: The median home sold price in 80138 was $731,666 in November 2024, down 0.2% from last year, and the median price per square foot was $284.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $607K$592K
-2.5%
3 $642.5K$631K
-1.8%
4 $737.5K$770K
+4.4%
5+ $875K$850K
-2.9%

Summary: 80138 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 2.9%.

Median Sold Price Compared To Nearby Zip Codes

80134
0.3%
80138
-0.2%
80016
-3.0%
80107
-11.2%

Housing Supply in 80138, CO

How many homes are available in 80138, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
226184-18.6%

Summary: The 80138 real estate market had 184 homes for sale in November 2024, a 18.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2222
0.0%
3 6452
-18.8%
4 8360
-27.7%
5+ 5750
-12.3%

Summary: The 80138 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 27.7%, and 5+ bedroom homes decreased by 12.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5638-32.1%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

7 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. 65.8% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in 80138 in November 2024, down by 32.1% month-over-month. Of the 38 sold homes, 66% were sold under asking, 16% were sold at asking, and 18% 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

Nov 2023Nov 2024CHANGE
28 Days49 Days+70.6%

Summary: Homes in 80138 had an average of 49 days on market in Nov 2024, up by 70.6% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

6 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 November 2024, 38 homes were sold in 80138; 45% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 16% 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 3 Days Ago

Newest Listings in 80138, CO

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