Is Custer County, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Custer County was a Neutral Market.
Housing Prices in Custer County, CO
How much do homes in Custer County, CO cost?
Median Sold Price
$499,900
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Custer County was $499,900 in May 2024, up 14.3% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350.5K | $355.5K | +1.4% |
2 Bedrooms | $425K | $440K | +3.5% |
3 Bedrooms | $465K | $567.5K | +22.0% |
4 Bedrooms | $645K | $485.9K | -24.7% |
5+ Bedrooms | - | - | N/A |
Summary: Custer County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 22%, 4 bedroom homes decreased by 24.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Custer County | $437.5K | $499.9K | +14.3% |
Saguache County | $345.2K | $349.5K | +1.2% |
Housing Supply in Custer County, CO
How many homes are available in Custer County, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
84 | 99 | +17.9% |
Summary: The Custer County real estate market had 99 homes for sale in May 2024, a 17.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 26 | 27 | +3.8% |
3 Bedrooms | 38 | 47 | +23.7% |
4 Bedrooms | 15 | 17 | +13.3% |
5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The Custer County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 23.7%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Custer County in May 2024, down by 14.3% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Custer County, CO
How long does it take to sell a home in Custer County, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
146 Days | 140 Days | -4.2% |
Summary: Homes in Custer County had an average of 140 days on market in May 2024, down by 4.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Custer County; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.