Is 80301, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80301 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 80301 was a Seller's Market.

Key Takeaway

80301 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 80301, CO

How much do homes in 80301, CO cost?

Median Sold Price

$789,666

$431/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$103,166(+15.0%)

Key Takeaway

Homes in 80301 have sold for 15% more than they did a year ago.

Summary: The median home sold price in 80301 was $789,666 in October 2024, up 15% from last year, and the median price per square foot was $431.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $310K$299K
-3.5%
2 $435K$400K
-8.0%
3 $837K$930K
+11.1%
4 $1.1M$1.1M
+4.1%
5+ $1.3M$1.4M
+6.6%

Summary: 80301 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes decreased by 8%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 6.6%.

Median Sold Price Compared To Nearby Zip Codes

80301
+15.0%
80026
+3.6%
80302
+0.9%
80304
-3.6%
80303
-8.5%

Housing Supply in 80301, CO

How many homes are available in 80301, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
185184-0.5%

Summary: The 80301 real estate market had 184 homes for sale in October 2024, a 0.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1513
-13.3%
2 6069
+15.0%
3 4944
-10.2%
4 4339
-9.3%
5+ 1819
+5.6%

Summary: The 80301 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 13.3%, 2 bedroom homes increased by 15%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes increased by 5.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3128-9.7%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80301, you may be able to get a good deal. 60.7% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 80301 in October 2024, down by 9.7% month-over-month. Of the 28 sold homes, 61% were sold under asking, 25% were sold at asking, and 14% were sold over asking.

Days on Market for 80301, CO

How long does it take to sell a home in 80301, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days49 Days+129.6%

Summary: Homes in 80301 had an average of 49 days on market in Oct 2024, up by 129.6% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80301 has remained consistent over time.

Summary: During October 2024, 28 homes were sold in 80301; 43% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 7% 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 20 Days Ago

Newest Listings in 80301, CO

Nearby Markets to 80301, CO