Is Denver International Airport, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Denver International Airport is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Denver International Airport was a Seller's Market.

Key Takeaway

Denver International Airport is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Denver International Airport, CO

How much do homes in Denver International Airport, CO cost?

Median Sold Price

$374,570

$285/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$11,430(-3.0%)

Key Takeaway

Homes in Denver International Airport have sold for 3% less than they did a year ago.

Summary: The median home sold price in Denver International Airport was $374,570 in September 2024, down 3% from last year, and the median price per square foot was $285.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$315K
N/A
2 $354.8K$350K
-1.4%
3 $386K$380K
-1.6%
4 $652.4K$524.4K
-19.6%
5+ --
N/A

Summary: Denver International Airport housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.4%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes did not change.

Housing Supply in Denver International Airport, CO

How many homes are available in Denver International Airport, CO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2529+16.0%

Summary: The Denver International Airport real estate market had 29 homes for sale in September 2024, a 16.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 1316
+23.1%
3 99
0.0%
4 23
+50.0%
5+ 11
0.0%

Summary: The Denver International Airport housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Denver International Airport, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Denver International Airport in September 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Denver International Airport, CO

How long does it take to sell a home in Denver International Airport, CO?

Average Sale Time

Sep 2023Sep 2024CHANGE
25 Days56 Days+126.7%

Summary: Homes in Denver International Airport had an average of 56 days on market in Sep 2024, up by 126.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Denver International Airport has remained consistent over time.

Summary: During September 2024, 3 homes were sold in Denver International Airport; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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