Is 80938, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80938 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 80938 has remained a Buyer's Market.

Key Takeaway

80938 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 80938, CO

How much do homes in 80938, CO cost?

Median Sold Price

$501,500

$200/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$1,500(+0.3%)

Key Takeaway

The sold price of homes in 80938 has remained the same since last month.

Summary: The median home sold price in 80938 was $501,500 in November 2024, up 0.3% from last month, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$446.5K
N/A
4 $500K$539K
+7.8%
5+ --
N/A

Summary: 80938 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 did not change, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

80927
+3.6%
80938
0.3%
80951
-0.8%
80923
-4.3%

Housing Supply in 80938, CO

How many homes are available in 80938, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4246+9.5%

Summary: The 80938 real estate market had 46 homes for sale in November 2024, a 9.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2428
+16.7%
4 1515
0.0%
5+ 22
0.0%

Summary: The 80938 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 increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80938, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 80938 in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 80938, CO

How long does it take to sell a home in 80938, CO?

Average Sale Time

Oct 2024Nov 2024CHANGE
47 Days81 Days+72.3%

Summary: Homes in 80938 had an average of 81 days on market in Nov 2024, up by 72.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

Avg time on Rocket Homes in 80938 has remained consistent over time.

Summary: During November 2024, 4 homes were sold in 80938; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 21 Days Ago

Newest Listings in 80938, CO

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