Is Kit Carson County, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Kit Carson County was a Seller's Market.
Housing Prices in Kit Carson County, CO
How much do homes in Kit Carson County, CO cost?
Median Sold Price
$190,000
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Kit Carson County was $190,000 in May 2024, down 10.6% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $157.7K | $70K | -55.6% |
3 Bedrooms | $245K | $191K | -22.0% |
4 Bedrooms | $192.2K | $190K | -1.2% |
5+ Bedrooms | $347.5K | $385K | +10.8% |
Summary: Kit Carson County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 55.6%, 3 bedroom homes decreased by 22%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 10.8%.
Housing Supply in Kit Carson County, CO
How many homes are available in Kit Carson County, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 40 | +14.3% |
Summary: The Kit Carson County real estate market had 40 homes for sale in May 2024, a 14.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 13 | 14 | +7.7% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Kit Carson County 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 33.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Kit Carson County in May 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Kit Carson County, CO
How long does it take to sell a home in Kit Carson County, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
20 Days | 433 Days | +2065.0% |
Summary: Homes in Kit Carson County had an average of 433 days on market in May 2024, up by 2065% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Kit Carson County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.