$12,000
0.16 Acres
Land
Rangely Team, Listing Office: Raven Realty
Is 81648, 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, 81648 has remained a Seller's Market.
Key Takeaway
81648 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 81648, CO
How much do homes in 81648, CO cost?
Median Sold Price
$163,000
$156/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$70,850(+76.9%)
Key Takeaway
Homes in 81648 have sold for 76.9% more than they did a month ago.
Summary: The median home sold price in 81648 was $163,000 in October 2024, up 76.9% from last month, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $92.1K | $163K | +76.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 81648 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 did not change, 3 bedroom homes increased by 76.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 81648, CO
How many homes are available in 81648, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Summary: The 81648 real estate market had 3 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 81648 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 81648, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in 81648 in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 81648, CO
How long does it take to sell a home in 81648, CO?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 7 Days | -58.8% |
Summary: Homes in 81648 had an average of 7 days on market in Oct 2024, down by 58.8% 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
Key Takeaway
Many homes in 81648 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in 81648; 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.
Listings courtesy of REColorado as distributed by MLS GRID.
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