Is Dome Rock / Longview, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dome Rock / Longview is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Dome Rock / Longview was a Seller's Market.

Key Takeaway

Dome Rock / Longview is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dome Rock / Longview, CO

How much do homes in Dome Rock / Longview, CO cost?

Median Sold Price

$912,500

$352/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,000(+5.8%)

Key Takeaway

Homes in Dome Rock / Longview have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in Dome Rock / Longview was $912,500 in October 2024, up 5.8% from last year, and the median price per square foot was $352.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $530.8K-
N/A
2 $580K$600K
+3.4%
3 $802.4K$828K
+3.2%
4 $901.7K$1.0M
+20.9%
5+ $1.1M$1.1M
+1.4%

Summary: Dome Rock / Longview housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 20.9%, and 5+ bedroom homes increased by 1.4%.

Housing Supply in Dome Rock / Longview, CO

How many homes are available in Dome Rock / Longview, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2530+20.0%

Summary: The Dome Rock / Longview real estate market had 30 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 57
+40.0%
4 912
+33.3%
5+ 109
-10.0%

Summary: The Dome Rock / Longview 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 increased by 100%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

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 Dome Rock / Longview, 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 Dome Rock / Longview in October 2024, up by 50.0% 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 Dome Rock / Longview, CO

How long does it take to sell a home in Dome Rock / Longview, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days83 Days+140.6%

Summary: Homes in Dome Rock / Longview had an average of 83 days on market in Oct 2024, up by 140.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dome Rock / Longview are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Dome Rock / Longview; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 16 Days Ago

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