Is La Junta, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Junta is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, La Junta has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in La Junta, CO

How much do homes in La Junta, CO cost?

Median Sold Price

$162,000

$194/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$32,000(+24.6%)

Key Takeaway

Homes in La Junta have sold for 24.6% more than they did a month ago.

Summary: The median home sold price in La Junta was $162,000 in November 2024, up 24.6% from last month, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$162K
N/A
3 --
N/A
4 --
N/A
5+ $130K-
N/A

Summary: La Junta housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in La Junta, CO

How many homes are available in La Junta, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1516+6.7%

Summary: The La Junta real estate market had 16 homes for sale in November 2024, a 6.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 57
+40.0%
4 55
0.0%
5+ 32
-33.3%

Summary: The La Junta housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Junta, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in La Junta in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for La Junta, CO

How long does it take to sell a home in La Junta, CO?

Average Sale Time

Oct 2024Nov 2024CHANGE
176 Days79 Days-55.1%

Summary: Homes in La Junta had an average of 79 days on market in Nov 2024, down by 55.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 La Junta has remained consistent over time.

Summary: During November 2024, 1 homes were sold in La Junta; 0% of homes were sold within 30 days, 100% 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 2 Days Ago

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