$6,116 Closing Credit*
$515,000
1,907 SqFt
3 Beds
•2 Full Baths, 2 Partial
Emily Lonborg, Listing Office: The Steller Group, Inc
Is Shenandoah, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Shenandoah was a Seller's Market.
Key Takeaway
Shenandoah is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Shenandoah, CO
How much do homes in Shenandoah, CO cost?
Median Sold Price
$437,450
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$67,550(-13.4%)
Key Takeaway
Homes in Shenandoah have sold for 13.4% less than they did a year ago.
Summary: The median home sold price in Shenandoah was $437,450 in November 2024, down 13.4% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $256.5K | $230K | -10.3% |
| 2 Bedrooms | $301.5K | $334.9K | +11.1% |
| 3 Bedrooms | $505K | $525K | +4.0% |
| 4 Bedrooms | $585K | $620K | +6.0% |
| 5+ Bedrooms | $730K | $675K | -7.5% |
Summary: Shenandoah housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.3%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 7.5%.
Housing Supply in Shenandoah, CO
How many homes are available in Shenandoah, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 42 | -12.5% |
Summary: The Shenandoah real estate market had 42 homes for sale in November 2024, a 12.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 17 | 15 | -11.8% |
| 3 Bedrooms | 15 | 13 | -13.3% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Shenandoah housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 6 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shenandoah, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Shenandoah in November 2024, down by 50.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.
Days on Market for Shenandoah, CO
How long does it take to sell a home in Shenandoah, CO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 59 Days | +245.9% |
Summary: Homes in Shenandoah had an average of 59 days on market in Nov 2024, up by 245.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Shenandoah has remained consistent over time.
Summary: During November 2024, 6 homes were sold in Shenandoah; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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