$89,500
3.36 Acres
Land
Mark Skelton, Listing Office: Legacy 100 Real Estate Partners LLC
Is 80456, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 80456 was a Neutral Market.
Key Takeaway
80456 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 80456, CO
How much do homes in 80456, CO cost?
Median Sold Price
$470,000
$404/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$84,250(-15.2%)
Key Takeaway
Homes in 80456 have sold for 15.2% less than they did a month ago.
Summary: The median home sold price in 80456 was $470,000 in November 2024, down 15.2% from last month, and the median price per square foot was $404.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $181.2K | $350K | +93.1% |
| 2 Bedrooms | $497.5K | $470K | -5.5% |
| 3 Bedrooms | $560K | $580K | +3.6% |
| 4 Bedrooms | $675K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 80456 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 93.1%, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 3.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 80456 | $554.2K | $470K | -15.2% |
| 80827 | $720K | $230K | -68.1% |
Housing Supply in 80456, CO
How many homes are available in 80456, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 | 52 | -7.1% |
Summary: The 80456 real estate market had 52 homes for sale in November 2024, a 7.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 8 | -20.0% |
| 2 Bedrooms | 19 | 18 | -5.3% |
| 3 Bedrooms | 24 | 24 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 80456 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 80456, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 80456 in November 2024, down by 12.5% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 80456, CO
How long does it take to sell a home in 80456, CO?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 70 Days | 102 Days | +45.5% |
Summary: Homes in 80456 had an average of 102 days on market in Nov 2024, up by 45.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 80456 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 7 homes were sold in 80456; 29% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 71% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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