Severance, CO Home Values & Market Trends

Real estate market trends reflect that there have been 320 transactions over the past year in Severance. The median value for residential home transactions that occurred over the previous year is $486,924.03. The number of current listings in Severance is 37, and the percentage of properties for sale in the city is 37.00%. Severance, CO currently has 4 properties in foreclosure, 0 bank owned properties, 4 properties headed for auction, and 37 properties for sale.

Severance, CO Real Estate Market Overview

ZipMedian Est. Value
80546

$ 496,080

$ 125/sqft

Housing Market Summary for Severance, CO

Apr 2023March 2024Change
Median Listing Price$535K$477.1K-10.82%
Median Sold Price$516.9K$477.1K-7.69%
Homes For Sale2719-29.63%
Homes Sold117110-5.98%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Severance, CO

Severance home values range from $22,758 to $5,178,717. The median estimated value of a home in Severance is $486,924.03. The median list price of a home is 584,000, and the total count of properties in the city is 3,825.

Foreclosure
There is 1 zips within Severance, CO; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in 80546 to the lowest value of $0 in 80546. Foreclosure homes account for 0.00% of properties in Severance, CO with 80546 containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Severance, CO with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Severance, CO; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Severance, CO ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Severance, CO. There is 1 zips within Severance, CO; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    80546 has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Severance, CO. Auction homes and other auction properties account for 0.10% of all properties in Severance, CO. There is 1 zips within Severance, CO; of that zips, the median estimated home value for homes going to auction ranges from $0 in 80546 to the lowest value of $0 in 80546.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.97% of residential properties in Severance, CO with 80546 containing 1 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Severance, CO; homes for sale in that zips, have a range of median values from $496,080 in 80546 to the lowest value of $496,080 in 80546.
    Sold Homes
    The median value for recently sold homes ranges from $580,116 in 80546 to the lowest price of $376,000 in 80546. There is 1 zips within Severance, CO. 80546 has 7 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 4.31% of properties in Severance, CO.

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      Guide for Severance, CO

      Tennessee
      Aurora, Colorado: Real Estate Market Report March 2024
      Tennessee
      Colorado Springs Property Market Maintains Sturdy Performance in 2023
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      How To Stop a Foreclosure via a Short Sale
      Pennsylvania
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      Aurora, Colorado: Real Estate Market Report March 2024
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      Colorado Springs Property Market Maintains Sturdy Performance in 2023
      Tennessee|posted 2 February 2024

      Delving into property market trends from 2023 to 2024 in Colorado Springs and neighboring cities, this overview highlights fluctuations in property values, sold prices, and sales volumes. While revealing diverse trends, Sedalia stands out with its significantly high median values.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Las Vegas Market Report – April 2024
      Pennsylvania|posted 25 April 2024

      A comprehensive look at the current real estate trends in Las Vegas and surrounding areas, highlighting the fluctuation in property prices, inventory and sales.

      Recently Listed Homes Severance, CO

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