Is 80654, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80654 is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 80654 was a Neutral Market.

Key Takeaway

80654 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80654, CO

How much do homes in 80654, CO cost?

Median Sold Price

$426,000

$260/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$525(-0.1%)

Key Takeaway

The sold price of homes in 80654 has remained the same since last year.

Summary: The median home sold price in 80654 was $426,000 in October 2024, down 0.1% from last year, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $245K$341K
+39.2%
2 $367.5K$414.8K
+12.9%
3 $410K$410K
0.0%
4 $495K$432.5K
-12.6%
5+ $500K$535K
+7.0%

Summary: 80654 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.2%, 2 bedroom homes increased by 12.9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes increased by 7%.

Median Sold Price Compared To Nearby Zip Codes

80701
0.0%
80654
-0.1%

Housing Supply in 80654, CO

How many homes are available in 80654, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4841-14.6%

Summary: The 80654 real estate market had 41 homes for sale in October 2024, a 14.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 66
0.0%
3 2419
-20.8%
4 65
-16.7%
5+ 109
-10.0%

Summary: The 80654 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 remained the same, 3 bedroom homes decreased by 20.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80654, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 80654 in October 2024, down by 27.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.

Days on Market for 80654, CO

How long does it take to sell a home in 80654, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
97 Days31 Days-67.5%

Summary: Homes in 80654 had an average of 31 days on market in Oct 2024, down by 67.5% compared to last year.

Breakdown of Home Sale Times

5 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

Many homes in 80654 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in 80654; 63% of homes were sold within 30 days, 38% 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 23 Days Ago

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