Is Mineral County, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mineral County is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Mineral County has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Mineral County, CO

How much do homes in Mineral County, CO cost?

Median Sold Price

$1,025,000

$386/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$717,500(+233.3%)

Key Takeaway

Homes in Mineral County have sold for 233.3% more than they did a month ago.

Summary: The median home sold price in Mineral County was $1,025,000 in November 2024, up 233.3% from last month, and the median price per square foot was $386.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $305K-
N/A
2 $310K-
N/A
3 --
N/A
4 -$1.0M
N/A
5+ --
N/A

Summary: Mineral County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Mineral County
+233.3%
Saguache County
+38.8%
Rio Grande County
-5.5%

Housing Supply in Mineral County, CO

How many homes are available in Mineral County, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1513-13.3%

Summary: The Mineral County real estate market had 13 homes for sale in November 2024, a 13.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 32
-33.3%
3 99
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Mineral County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mineral County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Mineral County in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mineral County, CO

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

Average Sale Time

Oct 2024Nov 2024CHANGE
18 Days189 Days+950.0%

Summary: Homes in Mineral County had an average of 189 days on market in Nov 2024, up by 950% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Mineral County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Mineral County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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

Newest Listings in Mineral County, CO

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