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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northglenn is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Northglenn has remained a Seller's Market.

Key Takeaway

Northglenn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Northglenn, CO

How much do homes in Northglenn, CO cost?

Median Sold Price

$492,717

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,717(+2.6%)

Key Takeaway

Homes in Northglenn have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Northglenn was $492,717 in November 2024, up 2.6% from last year, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $315K$320K
+1.6%
2 $427.5K$422.5K
-1.2%
3 $467K$479.2K
+2.6%
4 $490K$507K
+3.5%
5+ $523.5K$525K
0.3%

Summary: Northglenn housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.6%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 0.3%.

Median Sold Price Compared To Nearby Cities

Thornton
+4.9%
Northglenn
+2.6%
Westminster
+2.5%
West Adams
+1.2%
Broomfield
-2.3%

Housing Supply in Northglenn, CO

How many homes are available in Northglenn, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
112104-7.1%

Summary: The Northglenn real estate market had 104 homes for sale in November 2024, a 7.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 67
+16.7%
3 4841
-14.6%
4 4237
-11.9%
5+ 1518
+20.0%

Summary: The Northglenn 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 16.7%, 3 bedroom homes decreased by 14.6%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3127-12.9%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northglenn, you could pay more than the asking price. 48.1% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in Northglenn in November 2024, down by 12.9% month-over-month. Of the 27 sold homes, 33% were sold under asking, 19% were sold at asking, and 48% were sold over asking.

Days on Market for Northglenn, CO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days42 Days+125.9%

Summary: Homes in Northglenn had an average of 42 days on market in Nov 2024, up by 125.9% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 27 homes were sold in Northglenn; 52% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 19% 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 Northglenn, CO

Nearby Markets to Northglenn, CO

What housing markets are near Northglenn, CO?