Severance, CO Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Severance, CO is $477,000, down 8.3% year-over-year. Homes sell in an average of 108 days with 82 active listings. The market is currently a balanced market.
$477,000median sale price
Is Severance a buyer's or seller's market?
Severance, CO is currently a balanced market, based on 3.4 months of supply and homes selling in about 108 days. How we determine this →
Homes sold
24
Last 12 weeks
Days on market
108
Average pace
Active listings
82
3.4 months supply
Sale-to-list
100.7%
Above asking
Severance, CO market data
| Metric | Value |
|---|---|
| Median sale price | $477,000 |
| Median list price | $547,000 |
| Year-over-year price change | -8.3% |
| Average days on market | 108 days |
| Active inventory | 82 listings |
| Months of supply | 3.4 months |
| Sale-to-list price ratio | 100.7% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Severance housing market is currently classified as a balanced market with a median sale price of $477,000. Prices have fallen 8.3% compared to last year, with homes spending an average of 108 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Severance
There are currently 82 homes listed for sale in Severance, Colorado. The median listing price is $547K.
Active listings
82
Homes on market
Median list price
$547K
Avg. days on market
108
Days until sale
New this week
30
Newly listed
Top public schools in Severance
2 schools tracked · 1,563 students
The largest public schools serving Severance, CO by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Severance High School
Grades 9-12 · 880 students
Range View Elementary
Grades PK-5 · 683 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Explore nearby cities in CO
Frequently asked questions
What is the average home price in Severance?
The median home sale price in Severance is $477,000, down 8.3% from last year.
How long do homes stay on market in Severance?
Homes typically spend 108 days on market before going under contract.
Is Severance a buyer's or seller's market?
With 3.4 months of supply, Severance is currently a balanced market.
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