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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kiowa is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Kiowa was a Buyer's Market.

Key Takeaway

Kiowa is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Kiowa, CO

How much do homes in Kiowa, CO cost?

Median Sold Price

$620,000

$280/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$85,000(+15.9%)

Key Takeaway

Homes in Kiowa have sold for 15.9% more than they did a month ago.

Summary: The median home sold price in Kiowa was $620,000 in April 2024, up 15.9% from last month, and the median price per square foot was $280.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$390K
N/A
4 $535K$620K
+15.9%
5+ -$1.0M
N/A

Summary: Kiowa housing prices by bedroom type for April 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 did not change, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes did not change.

Housing Supply in Kiowa, CO

How many homes are available in Kiowa, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1420+42.9%

Summary: The Kiowa real estate market had 20 homes for sale in April 2024, a 42.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 58
+60.0%
4 57
+40.0%
5+ 45
+25.0%

Summary: The Kiowa 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 60%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 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 Kiowa, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Kiowa in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Kiowa, CO

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

Average Sale Time

Mar 2024Apr 2024CHANGE
40 Days86 Days+115.0%

Summary: Homes in Kiowa had an average of 86 days on market in Apr 2024, up by 115% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Kiowa; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 10 Days Ago

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