$6,947 Closing Credit*
$585,000
1,285 SqFt
3 Beds
•2 Full Baths
Tomas Oliva, Listing Office: RE/MAX Professionals
Is Sedalia, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$738,372
$305/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$50,886(-6.4%)
Key Takeaway
Homes in Sedalia have sold for 6.4% less than they did a year ago.
Summary: The median home sold price in Sedalia was $738,372 in October 2024, down 6.4% from last year, and the median price per square foot was $305.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $327.5K | $330K | +0.8% |
| 2 Bedrooms | $535K | $511K | -4.5% |
| 3 Bedrooms | $650K | $635K | -2.3% |
| 4 Bedrooms | $807.5K | $765K | -5.3% |
| 5+ Bedrooms | $1.0M | $1.0M | -0.5% |
Summary: Sedalia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 0.5%.
Median Sold Price Compared To Nearby Cities
| Littleton | $665.4K | $652.1K | -2.0% |
| Castle Rock | $680K | $657.3K | -3.3% |
| South Jefferson | $956.5K | $903.3K | -5.6% |
| Sedalia | $789.2K | $738.3K | -6.4% |
Housing Supply in Sedalia, CO
How many homes are available in Sedalia, CO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 961 | 995 | +3.5% |
Summary: The Sedalia real estate market had 995 homes for sale in October 2024, a 3.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 5 | -28.6% |
| 2 Bedrooms | 88 | 92 | +4.5% |
| 3 Bedrooms | 298 | 298 | 0.0% |
| 4 Bedrooms | 297 | 326 | +9.8% |
| 5+ Bedrooms | 271 | 274 | +1.1% |
Summary: The Sedalia housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes increased by 4.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 1.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 195 | 183 | -6.2% |
Asking Price vs. Sold Price
107 Homes Were Sold
Under Asking
51 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sedalia, you may be able to get a good deal. 58.5% of homes here sold below asking price last month.
Summary: A total of 183 homes were sold or pending in Sedalia in October 2024, down by 6.2% month-over-month. Of the 183 sold homes, 58% were sold under asking, 28% were sold at asking, and 14% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 46 Days | +89.2% |
Summary: Homes in Sedalia had an average of 46 days on market in Oct 2024, up by 89.2% compared to last year.
Breakdown of Home Sale Times
97 Homes Were Sold
Under 30 Days
52 Homes Were Sold
In 30 - 90 Days
34 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sedalia are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 183 homes were sold in Sedalia; 53% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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