$4,038 Closing Credit*
$340,000
792 SqFt
2 Beds
•1 Full Bath
Sage Greising, Listing Office: Timber Wolf Realty Inc
Is Park County, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Park County was a Seller's Market.
Key Takeaway
Park County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Park County, CO
How much do homes in Park County, CO cost?
Median Sold Price
$568,750
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,750(+2.5%)
Key Takeaway
Homes in Park County have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Park County was $568,750 in October 2024, up 2.5% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $314.7K | $300K | -4.7% |
| 2 Bedrooms | $422K | $473.4K | +12.2% |
| 3 Bedrooms | $585K | $624K | +6.7% |
| 4 Bedrooms | $662.5K | $720K | +8.7% |
| 5+ Bedrooms | $698K | $804.1K | +15.2% |
Summary: Park County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 15.2%.
Median Sold Price Compared To Nearby Counties
| Teller County | $515K | $550K | +6.8% |
| Chaffee County | $656K | $690K | +5.2% |
| Park County | $555K | $568.7K | +2.5% |
| Lake County | $700K | $530K | -24.3% |
Housing Supply in Park County, CO
How many homes are available in Park County, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 381 | 399 | +4.7% |
Summary: The Park County real estate market had 399 homes for sale in October 2024, a 4.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 29 | 31 | +6.9% |
| 2 Bedrooms | 108 | 118 | +9.3% |
| 3 Bedrooms | 178 | 181 | +1.7% |
| 4 Bedrooms | 42 | 44 | +4.8% |
| 5+ Bedrooms | 24 | 25 | +4.2% |
Summary: The Park County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.9%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 4.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 53 | +96.3% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Park County, you may be able to get a good deal. 73.6% of homes here sold below asking price last month.
Summary: A total of 53 homes were sold or pending in Park County in October 2024, up by 96.3% month-over-month. Of the 53 sold homes, 74% were sold under asking, 17% were sold at asking, and 9% were sold over asking.
Days on Market for Park County, CO
How long does it take to sell a home in Park County, CO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 80 Days | 70 Days | -12.6% |
Summary: Homes in Park County had an average of 70 days on market in Oct 2024, down by 12.6% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Park County has remained consistent over time.
Summary: During October 2024, 53 homes were sold in Park County; 34% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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