Market Report

Rifle, CO 81650

Single-Family Homes

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Rifle, CO 81650

Sat Nov 27 2021
This week the median list price for Rifle, CO 81650 is $500,000 with the market action index hovering around 48. This is an increase over last month's market action index of 47. Inventory has decreased to 31. 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.

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Rifle, CO 81650

Sat Nov 27 2021
This week the median list price for Rifle, CO 81650 is $500,000 with the market action index hovering around 48. This is an increase over last month's market action index of 47. Inventory has decreased to 31. 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.

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Rifle market.
Median List Price $500,000
Median Price of New Listings $495,000
Per Square Foot $264
Average Days on Market 64
Median Days on Market 49
Price Decreased 48%
Price Increased 6%
Relisted 6%
Inventory 31
Median Rent
Market Action 48
Strong Seller's Market

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
$3,500,000 3,745 0.25 - 0.5 acre 4 3 110 1 1 98
$601,000 2,336 6,500 - 8,000 sqft 4 2.5 13 1 2 52
$485,000 1,986 1 - 2.5 acres 3 2 23 2 2 49
$364,950 1,823 8,000 - 10,000 sqft 3 2 45 1 3 35