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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sedalia is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Sedalia has remained a Seller's Market.

Key Takeaway

Sedalia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sedalia, CO

How much do homes in Sedalia, CO cost?

Median Sold Price

$739,008

$303/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$44,536(-5.7%)

Key Takeaway

Homes in Sedalia have sold for 5.7% less than they did a year ago.

Summary: The median home sold price in Sedalia was $739,008 in November 2024, down 5.7% from last year, and the median price per square foot was $303.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $327.5K$325K
-0.8%
2 $537.5K$510K
-5.1%
3 $641K$635K
-0.9%
4 $800K$765K
-4.4%
5+ $1.0M$1.0M
0.5%

Summary: Sedalia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 0.5%.

Median Sold Price Compared To Nearby Cities

Castle Rock
-1.1%
Littleton
-1.1%
South Jefferson
-5.6%
Sedalia
-5.7%

Housing Supply in Sedalia, CO

How many homes are available in Sedalia, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
928854-8.0%

Summary: The Sedalia real estate market had 854 homes for sale in November 2024, a 8.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 53
-40.0%
2 8381
-2.4%
3 282265
-6.0%
4 303267
-11.9%
5+ 255238
-6.7%

Summary: The Sedalia housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
189177-6.3%

Asking Price vs. Sold Price

105 Homes Were Sold
Under Asking

39 Homes Were Sold
At Asking

33 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sedalia, you may be able to get a good deal. 59.3% of homes here sold below asking price last month.

Summary: A total of 177 homes were sold or pending in Sedalia in November 2024, down by 6.3% month-over-month. Of the 177 sold homes, 59% were sold under asking, 22% were sold at asking, and 19% were sold over asking.

Days on Market for Sedalia, CO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days45 Days+70.0%

Summary: Homes in Sedalia had an average of 45 days on market in Nov 2024, up by 70% compared to last year.

Breakdown of Home Sale Times

83 Homes Were Sold
Under 30 Days

66 Homes Were Sold
In 30 - 90 Days

28 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sedalia are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 177 homes were sold in Sedalia; 47% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 16% 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 20 Days Ago

Newest Listings in Sedalia, CO

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