$7,065 Closing Credit*
$594,950
2,218 SqFt
4 Beds
•1 Full Bath, 2 Partial
Matthew Tonge, Listing Office: Richmond Realty Inc
Is Wheatlands, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Wheatlands has remained a Seller's Market.
Key Takeaway
Wheatlands is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wheatlands, CO
How much do homes in Wheatlands, CO cost?
Median Sold Price
$700,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$53,414(+8.3%)
Key Takeaway
Homes in Wheatlands have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Wheatlands was $700,000 in November 2024, up 8.3% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $455K | $437.5K | -3.8% |
| 3 Bedrooms | $615K | $557.5K | -9.3% |
| 4 Bedrooms | $682K | $715.1K | +4.9% |
| 5+ Bedrooms | $802.5K | $849K | +5.8% |
Summary: Wheatlands 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 3.8%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 5.8%.
Housing Supply in Wheatlands, CO
How many homes are available in Wheatlands, CO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 24 | +9.1% |
Summary: The Wheatlands real estate market had 24 homes for sale in November 2024, a 9.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Wheatlands 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wheatlands, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Wheatlands in November 2024, up by 400.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 150 Days | 54 Days | -63.5% |
Summary: Homes in Wheatlands had an average of 54 days on market in Nov 2024, down by 63.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Wheatlands are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Wheatlands; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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