Is 80236, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80236 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 80236 was a Seller's Market.

Key Takeaway

80236 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 80236, CO

How much do homes in 80236, CO cost?

Median Sold Price

$555,000

$290/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$500(+0.1%)

Key Takeaway

The sold price of homes in 80236 has remained the same since last year.

Summary: The median home sold price in 80236 was $555,000 in October 2024, up 0.1% from last year, and the median price per square foot was $290.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $167K$163K
-2.4%
2 $346K$346K
0.0%
3 $524.5K$525K
0.1%
4 $621K$585K
-5.8%
5+ $625K$625K
0.0%

Summary: 80236 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes did not change, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

80235
+14.0%
80219
+0.9%
80236
0.1%
80123
-0.2%
80110
-0.5%

Housing Supply in 80236, CO

How many homes are available in 80236, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7378+6.8%

Summary: The 80236 real estate market had 78 homes for sale in October 2024, a 6.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 1416
+14.3%
3 2122
+4.8%
4 1818
0.0%
5+ 1819
+5.6%

Summary: The 80236 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 5.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2413-45.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80236, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 80236 in October 2024, down by 45.8% month-over-month. Of the 13 sold homes, 62% were sold under asking, 31% were sold at asking, and 8% were sold over asking.

Days on Market for 80236, CO

How long does it take to sell a home in 80236, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days40 Days+138.6%

Summary: Homes in 80236 had an average of 40 days on market in Oct 2024, up by 138.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80236 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 13 homes were sold in 80236; 54% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 23% 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

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