Is Gilpin County, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gilpin County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Gilpin County has remained a Seller's Market.

Key Takeaway

Gilpin County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Gilpin County, CO

How much do homes in Gilpin County, CO cost?

Median Sold Price

$540,000

$340/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$80,000(-12.9%)

Key Takeaway

Homes in Gilpin County have sold for 12.9% less than they did a year ago.

Summary: The median home sold price in Gilpin County was $540,000 in November 2024, down 12.9% from last year, and the median price per square foot was $340.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $377K$390.7K
+3.6%
2 $535.1K$500K
-6.6%
3 $648K$589K
-9.1%
4 $708.5K$850K
+20.0%
5+ $668K$925K
+38.5%

Summary: Gilpin County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 38.5%.

Median Sold Price Compared To Nearby Counties

Jefferson County
-0.4%
Boulder County
-3.1%
Grand County
-4.1%
Gilpin County
-12.9%

Housing Supply in Gilpin County, CO

How many homes are available in Gilpin County, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6457-10.9%

Summary: The Gilpin County real estate market had 57 homes for sale in November 2024, a 10.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 42
-50.0%
2 159
-40.0%
3 3029
-3.3%
4 1012
+20.0%
5+ 55
0.0%

Summary: The Gilpin County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gilpin County, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Gilpin County in November 2024, up by 9.1% month-over-month. Of the 12 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for Gilpin County, CO

How long does it take to sell a home in Gilpin County, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days48 Days+36.0%

Summary: Homes in Gilpin County had an average of 48 days on market in Nov 2024, up by 36% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Gilpin County has remained consistent over time.

Summary: During November 2024, 12 homes were sold in Gilpin County; 25% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 8% 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

Newest Listings in Gilpin County, CO

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