Is 80927, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80927 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 80927 has remained a Buyer's Market.

Key Takeaway

80927 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80927, CO

How much do homes in 80927, CO cost?

Median Sold Price

$550,000

$207/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$20,000(-3.5%)

Key Takeaway

Homes in 80927 have sold for 3.5% less than they did a month ago.

Summary: The median home sold price in 80927 was $550,000 in December 2024, down 3.5% from last month, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $570K$550K
-3.5%
5+ --
N/A

Summary: 80927 housing prices by bedroom type for December 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 did not change, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

80908
+30.2%
80938
+0.7%
80927
-3.5%

Housing Supply in 80927, CO

How many homes are available in 80927, CO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1518+20.0%

Summary: The 80927 real estate market had 18 homes for sale in December 2024, a 20.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 76
-14.3%
5+ 610
+66.7%

Summary: The 80927 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 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 80927, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 80927 in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 80927, CO

How long does it take to sell a home in 80927, CO?

Average Sale Time

Nov 2024Dec 2024CHANGE
115 Days19 Days-83.5%

Summary: Homes in 80927 had an average of 19 days on market in Dec 2024, down by 83.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80927 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in 80927; 100% of homes were sold within 30 days, 0% 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 6 Days Ago

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Based on information from Pikes Peak MLS / Colorado Springs Realtor Services Corp., and REColorado for the period 11/01/2024 - 01/01/2025

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