$10,000 Closing Credit*
$925,000
3,176 SqFt
4 Beds
•2 Full Baths, 1 Partial
Albert Dippenaar, Listing Office: Worth Clark Realty
Is Black Hawk, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Black Hawk was a Neutral Market.
Key Takeaway
Black Hawk is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Black Hawk, CO
How much do homes in Black Hawk, CO cost?
Median Sold Price
$567,500
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$62,500(-9.9%)
Key Takeaway
Homes in Black Hawk have sold for 9.9% less than they did a year ago.
Summary: The median home sold price in Black Hawk was $567,500 in October 2024, down 9.9% from last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $478K | $399K | -16.5% |
| 2 Bedrooms | $535.1K | $553.5K | +3.4% |
| 3 Bedrooms | $648K | $622K | -4.0% |
| 4 Bedrooms | $796K | $850K | +6.8% |
| 5+ Bedrooms | $606.5K | $925K | +52.5% |
Summary: Black Hawk housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.5%, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 52.5%.
Housing Supply in Black Hawk, CO
How many homes are available in Black Hawk, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 49 | 0.0% |
Summary: The Black Hawk real estate market had 49 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 | 3 | 3 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 30 | 28 | -6.7% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Black Hawk 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 6.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
7 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 Black Hawk, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Black Hawk in October 2024, up by 12.5% month-over-month. Of the 9 sold homes, 78% were sold under asking, 0% were sold at asking, and 22% were sold over asking.
Days on Market for Black Hawk, CO
How long does it take to sell a home in Black Hawk, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 39 Days | 52 Days | +33.6% |
Summary: Homes in Black Hawk had an average of 52 days on market in Oct 2024, up by 33.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Black Hawk are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Black Hawk; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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