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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Overland is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Overland was a Neutral Market.

Key Takeaway

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

Housing Prices in Overland, CO

How much do homes in Overland, CO cost?

Median Sold Price

$465,000

$456/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$91,000(-16.4%)

Key Takeaway

Homes in Overland have sold for 16.4% less than they did a month ago.

Summary: The median home sold price in Overland was $465,000 in September 2024, down 16.4% from last month, and the median price per square foot was $456.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $536K$460K
-14.2%
3 -$620K
N/A
4 $857.5K-
N/A
5+ --
N/A

Summary: Overland housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.2%, 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 Neighborhoods

Overland
-16.4%
Breenlow
-47.9%

Housing Supply in Overland, CO

How many homes are available in Overland, CO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2735+29.6%

Summary: The Overland real estate market had 35 homes for sale in September 2024, a 29.6% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 56
+20.0%
2 510
+100.0%
3 56
+20.0%
4 98
-11.1%
5+ 35
+66.7%

Summary: The Overland housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Overland, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Overland in September 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Overland, CO

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

Average Sale Time

Aug 2024Sep 2024CHANGE
71 Days51 Days-28.4%

Summary: Homes in Overland had an average of 51 days on market in Sep 2024, down by 28.4% compared to last month.

Breakdown of Home Sale Times

2 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

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

Summary: During September 2024, 3 homes were sold in Overland; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 Overland, CO

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