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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walsenburg is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Walsenburg has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Walsenburg, CO

How much do homes in Walsenburg, CO cost?

Median Sold Price

$162,500

$155/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$148,500(-47.7%)

Key Takeaway

Homes in Walsenburg have sold for 47.7% less than they did a month ago.

Summary: The median home sold price in Walsenburg was $162,500 in October 2024, down 47.7% from last month, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $45K-
N/A
2 -$155K
N/A
3 $407K$170K
-58.2%
4 $215K-
N/A
5+ --
N/A

Summary: Walsenburg housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 58.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Walsenburg, CO

How many homes are available in Walsenburg, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3940+2.6%

Summary: The Walsenburg real estate market had 40 homes for sale in October 2024, a 2.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 67
+16.7%
3 1715
-11.8%
4 1112
+9.1%
5+ 22
0.0%

Summary: The Walsenburg housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walsenburg, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Walsenburg in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Walsenburg, CO

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

Average Sale Time

Sep 2024Oct 2024CHANGE
173 Days302 Days+74.6%

Summary: Homes in Walsenburg had an average of 302 days on market in Oct 2024, up by 74.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Walsenburg are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 2 homes were sold in Walsenburg; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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

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