Is Thornton, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Thornton has remained a Seller's Market.
Housing Prices in Thornton, CO
How much do homes in Thornton, CO cost?
Median Sold Price
$526,562
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Thornton was $526,562 in April 2024, down 1% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $232K | $214.9K | -7.4% |
2 Bedrooms | $394K | $406K | +3.0% |
3 Bedrooms | $505K | $505.6K | 0.1% |
4 Bedrooms | $610K | $571.2K | -6.4% |
5+ Bedrooms | $707.2K | $680K | -3.9% |
Summary: Thornton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.4%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes decreased by 3.9%.
Median Sold Price Compared To Nearby Cities
West Adams | $500K | $500K | 0.0% |
Thornton | $531.6K | $526.5K | -1.0% |
Northglenn | $490K | $485K | -1.0% |
Commerce City | $535K | $520K | -2.8% |
Housing Supply in Thornton, CO
How many homes are available in Thornton, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
299 | 442 | +47.8% |
Summary: The Thornton real estate market had 442 homes for sale in April 2024, a 47.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 5 | +150.0% |
2 Bedrooms | 65 | 89 | +36.9% |
3 Bedrooms | 116 | 162 | +39.7% |
4 Bedrooms | 74 | 120 | +62.2% |
5+ Bedrooms | 42 | 66 | +57.1% |
Summary: The Thornton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 36.9%, 3 bedroom homes increased by 39.7%, 4 bedroom homes increased by 62.2%, and 5+ bedroom homes increased by 57.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 135 | +285.7% |
Asking Price vs. Sold Price
40 Homes Were Sold
Under Asking
45 Homes Were Sold
At Asking
50 Homes Were Sold
Over Asking
Summary: A total of 135 homes were sold or pending in Thornton in April 2024, up by 285.7% month-over-month. Of the 135 sold homes, 30% were sold under asking, 33% were sold at asking, and 37% were sold over asking.
Days on Market for Thornton, CO
How long does it take to sell a home in Thornton, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 26 Days | +45.8% |
Summary: Homes in Thornton had an average of 26 days on market in Apr 2024, up by 45.8% compared to last year.
Breakdown of Home Sale Times
100 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 135 homes were sold in Thornton; 74% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.