Is 80461, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80461 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 80461 was a Buyer's Market.

Key Takeaway

80461 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 80461, CO

How much do homes in 80461, CO cost?

Median Sold Price

$548,000

$354/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$133,000(+32.0%)

Key Takeaway

Homes in 80461 have sold for 32% more than they did a month ago.

Summary: The median home sold price in 80461 was $548,000 in December 2024, up 32% from last month, and the median price per square foot was $354.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 $299K-
N/A
2 $415K$470K
+13.3%
3 -$555K
N/A
4 $560K-
N/A
5+ --
N/A

Summary: 80461 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

80443
+91.6%
80461
+32.0%
80440
+2.2%
80420
-12.2%

Housing Supply in 80461, CO

How many homes are available in 80461, CO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5149-3.9%

Summary: The 80461 real estate market had 49 homes for sale in December 2024, a 3.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 21
-50.0%
2 119
-18.2%
3 2830
+7.1%
4 76
-14.3%
5+ 33
0.0%

Summary: The 80461 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 18.2%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80461, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 80461 in December 2024, up by 60.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 80461, CO

How long does it take to sell a home in 80461, CO?

Average Sale Time

Nov 2024Dec 2024CHANGE
28 Days48 Days+70.2%

Summary: Homes in 80461 had an average of 48 days on market in Dec 2024, up by 70.2% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80461 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 8 homes were sold in 80461; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% 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 6 Days Ago

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