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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marksheffel is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Marksheffel was a Seller'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

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$20,000(-3.9%)

Key Takeaway

Homes in Marksheffel have sold for 3.9% less than they did a year ago.

Summary: The median home sold price in Marksheffel was $490,000 in November 2024, down 3.9% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $420K$414K
-1.4%
3 $454.9K$460K
+1.1%
4 $545K$539K
-1.1%
5+ $575K$565K
-1.7%

Summary: Marksheffel housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 1.7%.

Housing Supply in Marksheffel, CO

How many homes are available in Marksheffel, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
170178+4.7%

Summary: The Marksheffel real estate market had 178 homes for sale in November 2024, a 4.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2725
-7.4%
3 7779
+2.6%
4 5154
+5.9%
5+ 1520
+33.3%

Summary: The Marksheffel 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 decreased by 7.4%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1410-28.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marksheffel, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Marksheffel in November 2024, down by 28.6% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% 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

Nov 2023Nov 2024CHANGE
12 Days68 Days+455.1%

Summary: Homes in Marksheffel had an average of 68 days on market in Nov 2024, up by 455.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 10 homes were sold in Marksheffel; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% 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 21 Days Ago

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