$5,563 Closing Credit*
$468,500
2,259 SqFt
3 Beds
•2 Full Baths, 1 Partial
Charles Roter, Listing Office: Charles Roter
Is Marksheffel, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Marksheffel has remained a Buyer's Market.
Key Takeaway
Marksheffel is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Marksheffel, CO
How much do homes in Marksheffel, CO cost?
Median Sold Price
$490,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$35,000(-6.7%)
Key Takeaway
Homes in Marksheffel have sold for 6.7% less than they did a year ago.
Summary: The median home sold price in Marksheffel was $490,000 in October 2024, down 6.7% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $390K | $414K | +6.2% |
| 3 Bedrooms | $450K | $465K | +3.3% |
| 4 Bedrooms | $545K | $530K | -2.8% |
| 5+ Bedrooms | $575K | $565K | -1.7% |
Summary: Marksheffel 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 6.2%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 1.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Banning Lewis Ranch | $532K | $508.7K | -4.4% |
| Marksheffel | $525K | $490K | -6.7% |
Housing Supply in Marksheffel, CO
How many homes are available in Marksheffel, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 172 | 224 | +30.2% |
Summary: The Marksheffel real estate market had 224 homes for sale in October 2024, a 30.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 30 | 34 | +13.3% |
| 3 Bedrooms | 69 | 97 | +40.6% |
| 4 Bedrooms | 60 | 73 | +21.7% |
| 5+ Bedrooms | 13 | 20 | +53.8% |
Summary: The Marksheffel 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 13.3%, 3 bedroom homes increased by 40.6%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 53.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marksheffel, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Marksheffel in October 2024, up by 16.7% month-over-month. Of the 14 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Marksheffel, CO
How long does it take to sell a home in Marksheffel, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 33 Days | -30.1% |
Summary: Homes in Marksheffel had an average of 33 days on market in Oct 2024, down by 30.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Marksheffel are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in Marksheffel; 64% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. 
Listings courtesy of REColorado as distributed by MLS GRID.
©2024 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved. 