Is 80230, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80230 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 80230 has remained a Seller's Market.

Key Takeaway

80230 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80230, CO

How much do homes in 80230, CO cost?

Median Sold Price

$860,962

$346/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$99,037(-10.3%)

Key Takeaway

Homes in 80230 have sold for 10.3% less than they did a year ago.

Summary: The median home sold price in 80230 was $860,962 in November 2024, down 10.3% from last year, and the median price per square foot was $346.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $478.5K$482.5K
+0.8%
2 $537.5K$492.5K
-8.4%
3 $875K$775K
-11.4%
4 $1.0M$1.0M
+3.0%
5+ $1.3M$1.1M
-10.6%

Summary: 80230 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes decreased by 8.4%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 10.6%.

Median Sold Price Compared To Nearby Zip Codes

80010
+2.3%
80247
-0.9%
80224
-6.1%
80230
-10.3%
80220
-17.7%

Housing Supply in 80230, CO

How many homes are available in 80230, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4344+2.3%

Summary: The 80230 real estate market had 44 homes for sale in November 2024, a 2.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1014
+40.0%
3 1617
+6.3%
4 107
-30.0%
5+ 55
0.0%

Summary: The 80230 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1011+10.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80230, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in 80230 in November 2024, up by 10.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 55% were sold at asking, and 0% were sold over asking.

Days on Market for 80230, CO

How long does it take to sell a home in 80230, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days100 Days+334.6%

Summary: Homes in 80230 had an average of 100 days on market in Nov 2024, up by 334.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80230 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in 80230; 45% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 9% 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 17 Days Ago

Newest Listings in 80230, CO

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