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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Evans is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Evans, CO

How much do homes in Evans, CO cost?

Median Sold Price

$395,500

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$3,950(-1.0%)

Key Takeaway

Homes in Evans have sold for 1% less than they did a year ago.

Summary: The median home sold price in Evans was $395,500 in May 2024, down 1% from last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $247.5K$267.7K
+8.2%
2 $310K$320K
+3.2%
3 $395K$405K
+2.5%
4 $420K$401K
-4.5%
5+ $440K$433.5K
-1.5%

Summary: Evans housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 1.5%.

Median Sold Price Compared To Nearby Cities

La Salle-Gilcrest
+16.7%
Johnstown-Milliken
+7.9%
Greeley
0.0%
Evans
-1.0%

Housing Supply in Evans, CO

How many homes are available in Evans, CO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7290+25.0%

Summary: The Evans real estate market had 90 homes for sale in May 2024, a 25.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 1315
+15.4%
3 3543
+22.9%
4 1114
+27.3%
5+ 1116
+45.5%

Summary: The Evans housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 22.9%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 45.5%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2422-8.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Evans, expect to pay close to the asking price. 36.4% of homes here sold near the asking price last month.

Summary: A total of 22 homes were sold or pending in Evans in May 2024, down by 8.3% month-over-month. Of the 22 sold homes, 27% were sold under asking, 36% were sold at asking, and 36% were sold over asking.

Days on Market for Evans, CO

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

Average Sale Time

May 2023May 2024CHANGE
30 Days55 Days+86.1%

Summary: Homes in Evans had an average of 55 days on market in May 2024, up by 86.1% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 22 homes were sold in Evans; 50% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 27% 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 1 Day Ago

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