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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Timnath is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Timnath was a Seller's Market.

Key Takeaway

Timnath is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Timnath, CO

How much do homes in Timnath, CO cost?

Median Sold Price

$650,000

$286/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,219(+2.4%)

Key Takeaway

Homes in Timnath have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Timnath was $650,000 in November 2024, up 2.4% from last year, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $432.5K$376.5K
-13.0%
3 $538.2K$550K
+2.2%
4 $759.7K$739.9K
-2.6%
5+ $817.2K$860K
+5.2%

Summary: Timnath housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 5.2%.

Median Sold Price Compared To Nearby Cities

Windsor
+8.3%
Timnath
+2.4%
Fort Collins
+1.5%
Timnath-Wellington
0.2%

Housing Supply in Timnath, CO

How many homes are available in Timnath, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1121120.0%

Summary: The Timnath real estate market had 112 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 4346
+7.0%
4 3231
-3.1%
5+ 2928
-3.4%

Summary: The Timnath 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 12.5%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 3.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1911-42.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Timnath, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Timnath in November 2024, down by 42.1% month-over-month. Of the 11 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% were sold over asking.

Days on Market for Timnath, CO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
55 Days122 Days+120.3%

Summary: Homes in Timnath had an average of 122 days on market in Nov 2024, up by 120.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 11 homes were sold in Timnath; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% 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 22 Days Ago

Newest Listings in Timnath, CO

Nearby Markets to Timnath, CO

What housing markets are near Timnath, CO?