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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Milliken is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Milliken, CO

How much do homes in Milliken, CO cost?

Median Sold Price

$452,000

$252/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,250(+4.2%)

Key Takeaway

Homes in Milliken have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Milliken was $452,000 in November 2024, up 4.2% from last year, and the median price per square foot was $252.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $379.5K$382K
+0.7%
3 $431.5K$445.5K
+3.2%
4 $445K$469.9K
+5.6%
5+ $590.8K$533.5K
-9.7%

Summary: Milliken 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 increased by 0.7%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 9.7%.

Median Sold Price Compared To Nearby Cities

Johnstown-Milliken
+10.0%
Johnstown
+4.5%
Milliken
+4.2%
La Salle-Gilcrest
+0.6%
Evans
-1.0%

Housing Supply in Milliken, CO

How many homes are available in Milliken, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5957-3.4%

Summary: The Milliken real estate market had 57 homes for sale in November 2024, a 3.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 58
+60.0%
3 2624
-7.7%
4 2017
-15.0%
5+ 88
0.0%

Summary: The Milliken 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 increased by 60%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
137-46.2%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Milliken, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Milliken in November 2024, down by 46.2% month-over-month. Of the 7 sold homes, 0% were sold under asking, 29% were sold at asking, and 71% were sold over asking.

Days on Market for Milliken, CO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
53 Days17 Days-66.9%

Summary: Homes in Milliken had an average of 17 days on market in Nov 2024, down by 66.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Milliken; 71% of homes were sold within 30 days, 29% 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 17 Days Ago

Newest Listings in Milliken, CO

Nearby Markets to Milliken, CO

What housing markets are near Milliken, CO?