Is 80465, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 80465 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 80465 has remained a Seller's Market.

Key Takeaway

80465 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 80465, CO

How much do homes in 80465, CO cost?

Median Sold Price

$830,000

$352/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$127,690(+18.2%)

Key Takeaway

Homes in 80465 have sold for 18.2% more than they did a year ago.

Summary: The median home sold price in 80465 was $830,000 in April 2024, up 18.2% from last year, and the median price per square foot was $352.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $512.5K$597.3K
+16.5%
3 $625K$640K
+2.4%
4 $679.9K$850K
+25.0%
5+ $1.4M$1.3M
-8.4%

Summary: 80465 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.5%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 8.4%.

Median Sold Price Compared To Nearby Zip Codes

80465
+18.2%
80228
+2.1%
80127
+1.3%

Housing Supply in 80465, CO

How many homes are available in 80465, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5686+53.6%

Summary: The 80465 real estate market had 86 homes for sale in April 2024, a 53.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1320
+53.8%
4 2846
+64.3%
5+ 1116
+45.5%

Summary: The 80465 housing inventory by bedroom type for April 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 53.8%, 4 bedroom homes increased by 64.3%, and 5+ bedroom homes increased by 45.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1129+163.6%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 80465, you may be able to get a good deal. 37.9% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in 80465 in April 2024, up by 163.6% month-over-month. Of the 29 sold homes, 38% were sold under asking, 34% were sold at asking, and 28% were sold over asking.

Days on Market for 80465, CO

How long does it take to sell a home in 80465, CO?

Average Sale Time

Apr 2023Apr 2024CHANGE
21 Days23 Days+9.3%

Summary: Homes in 80465 had an average of 23 days on market in Apr 2024, up by 9.3% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 80465 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 29 homes were sold in 80465; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% 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

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Nearby Markets to 80465, CO

MLS Disclaimers and Copyright

Based on information from REColorado for the period 05/01/2022 - 05/01/2024

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Last updated on: 5/23/2024, 1:57:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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