$5,105 Closing Credit*
$429,900
1,906 SqFt
3 Beds
•2 Full Baths
Jennifer Browne, Listing Office: Exp Realty LLC
Is Peyton, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Peyton has remained a Buyer's Market.
Key Takeaway
Peyton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Peyton, CO
How much do homes in Peyton, CO cost?
Median Sold Price
$668,500
$198/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$143,500(+27.3%)
Key Takeaway
Homes in Peyton have sold for 27.3% more than they did a month ago.
Summary: The median home sold price in Peyton was $668,500 in October 2024, up 27.3% from last month, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $376K | - | N/A |
| 3 Bedrooms | $520K | $1.0M | +97.1% |
| 4 Bedrooms | $580K | $681K | +17.4% |
| 5+ Bedrooms | - | $665K | N/A |
Summary: Peyton housing prices by bedroom type for October 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 increased by 97.1%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Peyton | $525K | $668.5K | +27.3% |
| Southeastern El Paso | $422.5K | $504.5K | +19.4% |
| Elsmere | $462.4K | $446.2K | -3.5% |
| Colorado Springs | $480K | $455K | -5.2% |
Housing Supply in Peyton, CO
How many homes are available in Peyton, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 133 | 167 | +25.6% |
Summary: The Peyton real estate market had 167 homes for sale in October 2024, a 25.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 29 | 37 | +27.6% |
| 4 Bedrooms | 53 | 61 | +15.1% |
| 5+ Bedrooms | 48 | 65 | +35.4% |
Summary: The Peyton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 27.6%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 35.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 5 | -66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Peyton, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Peyton in October 2024, down by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Peyton, CO
How long does it take to sell a home in Peyton, CO?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 23 Days | -15.2% |
Summary: Homes in Peyton had an average of 23 days on market in Oct 2024, down by 15.2% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Peyton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Peyton; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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