Is River North (RiNo), CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing River North (RiNo) is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, River North (RiNo) has remained a Buyer's Market.

Key Takeaway

River North (RiNo) is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in River North (RiNo), CO

How much do homes in River North (RiNo), CO cost?

Median Sold Price

$240,000

$372/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$107,500(-30.9%)

Key Takeaway

Homes in River North (RiNo) have sold for 30.9% less than they did a month ago.

Summary: The median home sold price in River North (RiNo) was $240,000 in November 2024, down 30.9% from last month, and the median price per square foot was $372.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $347.5K$240K
-30.9%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: River North (RiNo) 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 30.9%, 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

Ballpark
+14.3%
River North (RiNo)
-30.9%

Housing Supply in River North (RiNo), CO

How many homes are available in River North (RiNo), CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
20200.0%

Summary: The River North (RiNo) real estate market had 20 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 54
-20.0%
2 1313
0.0%
3 22
0.0%
4 00
0.0%
5+ 01
+100.0%

Summary: The River North (RiNo) housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in River North (RiNo), expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in River North (RiNo) in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for River North (RiNo), CO

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in River North (RiNo) are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in River North (RiNo); 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 27 Days Ago

Newest Listings in River North (RiNo), CO

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