$4,345 Closing Credit*
$365,900
2,008 SqFt
3 Beds
•1 Full Bath, 1 Partial
Julius Garcia, Listing Office: HomeSmart Preferred Realty
Is Canon City, 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, Canon City has remained a Buyer's Market.
Key Takeaway
Canon City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Canon City, CO
How much do homes in Canon City, CO cost?
Median Sold Price
$335,000
$233/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$215,000(-39.1%)
Key Takeaway
Homes in Canon City have sold for 39.1% less than they did a month ago.
Summary: The median home sold price in Canon City was $335,000 in December 2024, down 39.1% from last month, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $578K | - | N/A |
| 2 Bedrooms | $276K | $257.5K | -6.7% |
| 3 Bedrooms | $593K | $388K | -34.6% |
| 4 Bedrooms | $638.5K | - | N/A |
| 5+ Bedrooms | - | $498K | N/A |
Summary: Canon City 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 decreased by 6.7%, 3 bedroom homes decreased by 34.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Cotopaxi | $285K | $365K | +28.1% |
| Canon City | $550K | $335K | -39.1% |
Housing Supply in Canon City, CO
How many homes are available in Canon City, CO?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 78 | 77 | -1.3% |
Summary: The Canon City real estate market had 77 homes for sale in December 2024, a 1.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 20 | 19 | -5.0% |
| 3 Bedrooms | 33 | 33 | 0.0% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Canon City housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canon City, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Canon City in December 2024, the same as the previous month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Canon City, CO
How long does it take to sell a home in Canon City, CO?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 131 Days | 41 Days | -68.2% |
Summary: Homes in Canon City had an average of 41 days on market in Dec 2024, down by 68.2% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Canon City are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 7 homes were sold in Canon City; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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