Unknown, CO 80424 Real Estate Market Report

ZIP Code: 80424
Report Date: April 2026
Market Temperature: COLD
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Unknown, CO is currently characterized by a median sold price of $1,680,000, reflecting a significant shift as the market has experienced a down trend in prices. This price point indicates a challenging environment for sellers, as the market adjusts to changing buyer expectations and economic conditions. With a median listing price of $2,545,000, there exists a notable pricing gap that suggests potential friction in achieving sales at asking prices, further emphasizing the current market dynamics.

Transaction activity appears to be moderate, with median days on market extending to 338 days, indicative of slower sales velocity. The current inventory conditions show elevated levels of supply relative to sales activity, contributing to a cold market temperature. This environment may offer opportunities for buyers, particularly as interest rates are moderating, potentially easing some financial pressures on prospective homeowners.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Colorado are averaging 6.38% as of March 26, 2026, which is 0.13% higher than the early 2026 average of 6.25%.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $1,680,000 reflects a challenging market for sellers, with prices trending down recently.

2. With a median listing price of $2,545,000, there is a significant pricing gap that may hinder sales activity.

3. The median days on market stands at 338 days, indicating a slower sales velocity and potential buyer hesitance.

4. Current inventory levels are elevated, suggesting excess supply relative to sales activity in the market.

5. Interest rates are experiencing moderate pressure, which may provide some relief to buyers in the current market.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.