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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80466 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 80466 has remained a Seller's Market.

Key Takeaway

80466 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80466, CO

How much do homes in 80466, CO cost?

Median Sold Price

$889,500

$413/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$72,250(+8.8%)

Key Takeaway

Homes in 80466 have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in 80466 was $889,500 in November 2024, up 8.8% from last year, and the median price per square foot was $413.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $450.5K$600K
+33.2%
2 $600K$520K
-13.3%
3 $852.5K$858.7K
+0.7%
4 $985K$995K
+1.0%
5+ $1.5M$3.9M
+152.8%

Summary: 80466 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.2%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 152.8%.

Median Sold Price Compared To Nearby Zip Codes

80481
+12.2%
80466
+8.8%
80302
0.5%
80422
-10.8%

Housing Supply in 80466, CO

How many homes are available in 80466, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3633-8.3%

Summary: The 80466 real estate market had 33 homes for sale in November 2024, a 8.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1010
0.0%
3 1815
-16.7%
4 44
0.0%
5+ 22
0.0%

Summary: The 80466 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80466, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 80466 in November 2024, up by 80.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 0% were sold at asking, and 56% 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

Nov 2023Nov 2024CHANGE
121 Days69 Days-42.5%

Summary: Homes in 80466 had an average of 69 days on market in Nov 2024, down by 42.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 80466 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 9 homes were sold in 80466; 33% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 44% 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 17 Days Ago

Newest Listings in 80466, CO

Nearby Markets to 80466, CO