$3,086 Closing Credit*
$259,900
1,232 SqFt
3 Beds
•1 Full Bath, 1 Partial
Meghan Hunt, Listing Office: HomeSmart Preferred Realty
Is 81001, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 81001 has remained a Buyer's Market.
Key Takeaway
81001 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 81001, CO
How much do homes in 81001, CO cost?
Median Sold Price
$165,000
$177/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$99,000(-37.5%)
Key Takeaway
Homes in 81001 have sold for 37.5% less than they did a month ago.
Summary: The median home sold price in 81001 was $165,000 in November 2024, down 37.5% from last month, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $264K | $108K | -59.1% |
| 3 Bedrooms | $254.9K | - | N/A |
| 4 Bedrooms | $665K | $338K | -49.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: 81001 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 decreased by 59.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 49.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 81003 | $294.9K | $296.5K | 0.5% |
| 81001 | $264K | $165K | -37.5% |
Housing Supply in 81001, CO
How many homes are available in 81001, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 | 71 | +18.3% |
Summary: The 81001 real estate market had 71 homes for sale in November 2024, a 18.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 5 | +150.0% |
| 2 Bedrooms | 16 | 16 | 0.0% |
| 3 Bedrooms | 18 | 20 | +11.1% |
| 4 Bedrooms | 17 | 20 | +17.6% |
| 5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The 81001 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 81001, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 81001 in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for 81001, CO
How long does it take to sell a home in 81001, CO?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 107 Days | +114.8% |
Summary: Homes in 81001 had an average of 107 days on market in Nov 2024, up by 114.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 81001 has remained consistent over time.
Summary: During November 2024, 5 homes were sold in 81001; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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