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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wheatlands is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Wheatlands, CO

How much do homes in Wheatlands, CO cost?

Median Sold Price

$702,625

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$56,039(+8.7%)

Key Takeaway

Homes in Wheatlands have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in Wheatlands was $702,625 in October 2024, up 8.7% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $455K$435K
-4.4%
3 $617.5K$557.5K
-9.7%
4 $665K$725K
+9.0%
5+ $797.5K$852.5K
+6.9%

Summary: Wheatlands housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 6.9%.

Housing Supply in Wheatlands, CO

How many homes are available in Wheatlands, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2324+4.3%

Summary: The Wheatlands real estate market had 24 homes for sale in October 2024, a 4.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 23
+50.0%
4 58
+60.0%
5+ 109
-10.0%

Summary: The Wheatlands housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 60%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wheatlands, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Wheatlands in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Wheatlands, CO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days36 Days+157.1%

Summary: Homes in Wheatlands had an average of 36 days on market in Oct 2024, up by 157.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wheatlands has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Wheatlands; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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MLS Disclaimers and Copyright

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Last updated on: 11/22/2024, 12:57:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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