Is 80921, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80921 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 80921 has remained a Buyer's Market.

Key Takeaway

80921 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80921, CO

How much do homes in 80921, CO cost?

Median Sold Price

$902,500

$221/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$204,000(+29.2%)

Key Takeaway

Homes in 80921 have sold for 29.2% more than they did a month ago.

Summary: The median home sold price in 80921 was $902,500 in November 2024, up 29.2% from last month, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $520K$526K
+1.2%
4 $515K$897.5K
+74.3%
5+ $925K$1.0M
+15.7%

Summary: 80921 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 74.3%, and 5+ bedroom homes increased by 15.7%.

Median Sold Price Compared To Nearby Zip Codes

80921
+29.2%
80919
-1.8%

Housing Supply in 80921, CO

How many homes are available in 80921, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
158168+6.3%

Summary: The 80921 real estate market had 168 homes for sale in November 2024, a 6.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 3137
+19.4%
4 4650
+8.7%
5+ 7978
-1.3%

Summary: The 80921 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 increased by 50%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 1.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1816-11.1%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80921, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 80921 in November 2024, down by 11.1% month-over-month. Of the 16 sold homes, 69% were sold under asking, 13% were sold at asking, and 19% were sold over asking.

Days on Market for 80921, CO

How long does it take to sell a home in 80921, CO?

Average Sale Time

Oct 2024Nov 2024CHANGE
44 Days74 Days+66.5%

Summary: Homes in 80921 had an average of 74 days on market in Nov 2024, up by 66.5% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 80921 has remained consistent over time.

Summary: During November 2024, 16 homes were sold in 80921; 19% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 38% 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

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Based on information from Pikes Peak MLS / Colorado Springs Realtor Services Corp., and REColorado for the period 10/01/2024 - 12/01/2024

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