Market Report

Rifle, CO 81650

Single-Family Homes

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Rifle, CO 81650

Thu Dec 08 2022
This week the median list price for Rifle, CO 81650 is $599,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has decreased to 26. Click here to stay informed with the Rifle market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Rifle, CO 81650

Thu Dec 08 2022
This week the median list price for Rifle, CO 81650 is $599,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has decreased to 26. Click here to stay informed with the Rifle market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Rifle market.
Median List Price $599,000
Median Price of New Listings $264,250
Per Square Foot $284
Average Days on Market 118
Median Days on Market 91
Price Decreased 31%
Price Increased 0%
Relisted 15%
Inventory 26
Median Rent
Market Action 41
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$941,999 2,440 10 - 20 acres 3 3 22 0 0 203
$676,500 2,032 5 - 10 acres 4 2.5 21 0 0 80
$549,000 1,736 0.25 - 0.5 acre 3 2 26 0 1 35
$374,900 1,352 8,000 - 10,000 sqft 3 2 40 2 0 84