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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mead is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Mead was a Seller's Market.

Key Takeaway

Mead is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Mead, CO

How much do homes in Mead, CO cost?

Median Sold Price

$569,900

$247/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,900(+2.7%)

Key Takeaway

Homes in Mead have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Mead was $569,900 in November 2024, up 2.7% from last year, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $229K$219.1K
-4.3%
2 $270K$255K
-5.6%
3 $502.5K$528K
+5.1%
4 $599.5K$569.9K
-4.9%
5+ $640K$605K
-5.5%

Summary: Mead housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes decreased by 5.5%.

Median Sold Price Compared To Nearby Cities

Johnstown-Milliken
+10.0%
Johnstown
+4.5%
Mead
+2.7%
Erie-Frederick
+1.5%
Berthoud
-3.3%

Housing Supply in Mead, CO

How many homes are available in Mead, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3637+2.8%

Summary: The Mead real estate market had 37 homes for sale in November 2024, a 2.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 11
0.0%
3 810
+25.0%
4 1413
-7.1%
5+ 1212
0.0%

Summary: The Mead 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 25%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

1 Home Was 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 Mead, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Mead in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.

Days on Market for Mead, CO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
31 Days54 Days+76.3%

Summary: Homes in Mead had an average of 54 days on market in Nov 2024, up by 76.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 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 Mead has remained consistent over time.

Summary: During November 2024, 6 homes were sold in Mead; 17% of homes were sold within 30 days, 67% 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 17 Days Ago

Newest Listings in Mead, CO

Nearby Markets to Mead, CO

What housing markets are near Mead, CO?