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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80461 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 80461 was a Seller's Market.

Key Takeaway

80461 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80461, CO

How much do homes in 80461, CO cost?

Median Sold Price

$415,000

$392/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$7,500(+1.8%)

Key Takeaway

Homes in 80461 have sold for 1.8% more than they did a month ago.

Summary: The median home sold price in 80461 was $415,000 in November 2024, up 1.8% from last month, and the median price per square foot was $392.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $303K$299K
-1.3%
2 $369.2K$415K
+12.4%
3 $932.5K-
N/A
4 $565K$560K
-0.9%
5+ $950K-
N/A

Summary: 80461 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 12.4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

80440
+20.3%
80461
+1.8%
80420
-6.0%
80443
-70.1%

Housing Supply in 80461, CO

How many homes are available in 80461, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5956-5.1%

Summary: The 80461 real estate market had 56 homes for sale in November 2024, a 5.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 1611
-31.3%
3 2630
+15.4%
4 1010
0.0%
5+ 43
-25.0%

Summary: The 80461 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 31.3%, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
135-61.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 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. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 80461 in November 2024, down by 61.5% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Oct 2024Nov 2024CHANGE
61 Days28 Days-54.5%

Summary: Homes in 80461 had an average of 28 days on market in Nov 2024, down by 54.5% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 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 November 2024, 5 homes were sold in 80461; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 3 Days Ago

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