Is 80466, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80466 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 80466 was a Seller's Market.

Key Takeaway

80466 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80466, CO

How much do homes in 80466, CO cost?

Median Sold Price

$899,500

$415/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$94,500(+11.7%)

Key Takeaway

Homes in 80466 have sold for 11.7% more than they did a year ago.

Summary: The median home sold price in 80466 was $899,500 in October 2024, up 11.7% from last year, and the median price per square foot was $415.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $450.5K$600K
+33.2%
2 $551K$489K
-11.3%
3 $850K$899.5K
+5.8%
4 $870K$1.1M
+31.0%
5+ $1.2M$3.9M
+225.0%

Summary: 80466 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.2%, 2 bedroom homes decreased by 11.3%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 31%, and 5+ bedroom homes increased by 225%.

Median Sold Price Compared To Nearby Zip Codes

80466
+11.7%
80481
+8.3%
80302
+0.9%
80422
-11.3%

Housing Supply in 80466, CO

How many homes are available in 80466, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4245+7.1%

Summary: The 80466 real estate market had 45 homes for sale in October 2024, a 7.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 813
+62.5%
3 2321
-8.7%
4 66
0.0%
5+ 33
0.0%

Summary: The 80466 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 62.5%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80466, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 80466 in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 80466, CO

How long does it take to sell a home in 80466, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days30 Days+13.4%

Summary: Homes in 80466 had an average of 30 days on market in Oct 2024, up by 13.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80466 has remained consistent over time.

Summary: During October 2024, 5 homes were sold in 80466; 40% of homes were sold within 30 days, 60% 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 16 Days Ago

Newest Listings in 80466, CO

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