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

$320,000

$153/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$7,500(-2.3%)

Key Takeaway

Homes in Pueblo have sold for 2.3% less than they did a month ago.

Summary: The median home sold price in Pueblo was $320,000 in December 2024, down 2.3% from last month, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $116.5K$193K
+65.7%
3 $345K$249.9K
-27.6%
4 $338K$460K
+36.1%
5+ $465K$367.4K
-21.0%

Summary: Pueblo housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 65.7%, 3 bedroom homes decreased by 27.6%, 4 bedroom homes increased by 36.1%, and 5+ bedroom homes decreased by 21%.

Median Sold Price Compared To Nearby Cities

Pueblo
-2.3%
Pueblo West
-7.8%

Housing Supply in Pueblo, CO

How many homes are available in Pueblo, CO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
393450+14.5%

Summary: The Pueblo real estate market had 450 homes for sale in December 2024, a 14.5% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 44
0.0%
2 4549
+8.9%
3 169192
+13.6%
4 105126
+20.0%
5+ 7079
+12.9%

Summary: The Pueblo housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 12.9%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2014-30.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 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. 71.4% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Pueblo in December 2024, down by 30.0% month-over-month. Of the 14 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% 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

Nov 2024Dec 2024CHANGE
80 Days74 Days-6.9%

Summary: Homes in Pueblo had an average of 74 days on market in Dec 2024, down by 6.9% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 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 December 2024, 14 homes were sold in Pueblo; 21% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 29% 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 4 Days Ago

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