Is 80813, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80813 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 80813 has remained a Buyer's Market.

Key Takeaway

80813 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80813, CO

How much do homes in 80813, CO cost?

Median Sold Price

$475,000

$282/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$80,000(+20.3%)

Key Takeaway

Homes in 80813 have sold for 20.3% more than they did a month ago.

Summary: The median home sold price in 80813 was $475,000 in October 2024, up 20.3% from last month, and the median price per square foot was $282.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $160K$475K
+196.9%
3 $542K$539K
-0.6%
4 --
N/A
5+ --
N/A

Summary: 80813 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 196.9%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

80813
+20.3%
81240
+5.8%
80814
-23.7%

Housing Supply in 80813, CO

How many homes are available in 80813, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6974+7.2%

Summary: The 80813 real estate market had 74 homes for sale in October 2024, a 7.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 2226
+18.2%
3 3333
0.0%
4 88
0.0%
5+ 44
0.0%

Summary: The 80813 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 18.2%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
550.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80813, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 80813 in October 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for 80813, CO

How long does it take to sell a home in 80813, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
49 Days57 Days+15.3%

Summary: Homes in 80813 had an average of 57 days on market in Oct 2024, up by 15.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80813 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 80813; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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

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Based on information from Pikes Peak MLS / Colorado Springs Realtor Services Corp., and REColorado for the period 09/01/2024 - 11/01/2024

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