Is Loveland, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Loveland is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Loveland, CO

How much do homes in Loveland, CO cost?

Median Sold Price

$509,966

$273/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,591(+1.9%)

Key Takeaway

Homes in Loveland have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Loveland was $509,966 in October 2024, up 1.9% from last year, and the median price per square foot was $273.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $327.5K$314K
-4.1%
2 $375K$385.2K
+2.7%
3 $475K$483.9K
+1.9%
4 $560.6K$564.6K
+0.7%
5+ $650K$665K
+2.3%

Summary: Loveland housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 2.3%.

Median Sold Price Compared To Nearby Cities

Windsor
+7.8%
Johnstown
+4.7%
Johnstown
+4.2%
Loveland
+1.9%
Berthoud
-4.1%

Housing Supply in Loveland, CO

How many homes are available in Loveland, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
542584+7.7%

Summary: The Loveland real estate market had 584 homes for sale in October 2024, a 7.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 77
0.0%
2 8589
+4.7%
3 228246
+7.9%
4 142151
+6.3%
5+ 8091
+13.8%

Summary: The Loveland 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 4.7%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 13.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
100108+8.0%

Asking Price vs. Sold Price

59 Homes Were Sold
Under Asking

43 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Loveland, you may be able to get a good deal. 54.6% of homes here sold below asking price last month.

Summary: A total of 108 homes were sold or pending in Loveland in October 2024, up by 8.0% month-over-month. Of the 108 sold homes, 55% were sold under asking, 40% were sold at asking, and 6% were sold over asking.

Days on Market for Loveland, CO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days48 Days+27.0%

Summary: Homes in Loveland had an average of 48 days on market in Oct 2024, up by 27% compared to last year.

Breakdown of Home Sale Times

50 Homes Were Sold
Under 30 Days

40 Homes Were Sold
In 30 - 90 Days

18 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Loveland are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 108 homes were sold in Loveland; 46% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 17% 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 20 Days Ago

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