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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pueblo is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Pueblo, CO

How much do homes in Pueblo, CO cost?

Median Sold Price

$327,500

$205/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$67,600(+26.0%)

Key Takeaway

Homes in Pueblo have sold for 26% more than they did a month ago.

Summary: The median home sold price in Pueblo was $327,500 in November 2024, up 26% from last month, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $142.4K-
N/A
2 $215.5K$116.5K
-45.9%
3 $279.9K$345K
+23.2%
4 $417.5K$338K
-19.0%
5+ -$465K
N/A

Summary: Pueblo 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 decreased by 45.9%, 3 bedroom homes increased by 23.2%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes did not change.

Housing Supply in Pueblo, CO

How many homes are available in Pueblo, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
440507+15.2%

Summary: The Pueblo real estate market had 507 homes for sale in November 2024, a 15.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 45
+25.0%
2 5954
-8.5%
3 184208
+13.0%
4 124144
+16.1%
5+ 6996
+39.1%

Summary: The Pueblo housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 39.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2920-31.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pueblo, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Pueblo in November 2024, down by 31.0% month-over-month. Of the 20 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Pueblo, CO

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

Average Sale Time

Oct 2024Nov 2024CHANGE
43 Days80 Days+82.2%

Summary: Homes in Pueblo had an average of 80 days on market in Nov 2024, up by 82.2% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pueblo has remained consistent over time.

Summary: During November 2024, 20 homes were sold in Pueblo; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 30% 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 2 Days Ago

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Based on information from Pikes Peak MLS / Colorado Springs Realtor Services Corp., and REColorado for the period 10/01/2024 - 12/01/2024

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