Broomfield, CO
Housing Market
Broomfield's housing market is dynamic, with home prices and demand constantly shifting. Houzeo's housing market report monitors these fluctuations, providing real-time insights into Broomfield's supply and demand trends. Our report equips you with all the information you need to make well-informed decisions.
Verified Data
Updated Monthly
Fast Insights
Real-time Analytics
Last updated
Overview
Supply
Demand
Buy or SellBroomfield Housing Market Overview
The housing market in Broomfield, CO, presents a range of properties for diverse preferences, from single-family homes to modern townhouses. The median home price is $623,745, a 1.4% increase from last year. Homes stay on the market for an average of 44 days, which indicates steady demand. However, home sales have been somewhat slower than last year, with 69 homes sold this month.
Broomfield's real estate market is an integral part of Colorado's economy. Buyers are drawn to its scenic views, local amenities, and easy access to major cities like Boulder and Denver. To succeed in this market, sellers should price their homes strategically, and offer concessions to appeal to more buyers.
Broomfield's real estate market is an integral part of Colorado's economy. Buyers are drawn to its scenic views, local amenities, and easy access to major cities like Boulder and Denver. To succeed in this market, sellers should price their homes strategically, and offer concessions to appeal to more buyers.
Median Sale Price
$
0% year-over-year
All Home Types 
1 year
3 year
5 year
Broomfield
Broomfield Housing Supply
Broomfield's real estate market attracts investors due to its growing demand and proximity to the thriving Denver metro area. Currently, there are 153 homes for sale in Broomfield, which is a 12.5% increase YoY. This includes 82 new listings. Broomfield has a supply period of 2.3 months, an indicator of a relatively competitive market.
Broomfield's housing supply fluctuates seasonally. The market sees increased activity during spring and summer, with both sellers and buyers eager to close deals before the cold sets in. Broomfield's small-town charm and easy access to urban amenities drives its demand. Popular neighborhoods like Wildgrass and Anthem see consistent interest. Broomfield's robust infrastructure and gorgeous mountain views further enhance its appeal.
Broomfield's housing supply fluctuates seasonally. The market sees increased activity during spring and summer, with both sellers and buyers eager to close deals before the cold sets in. Broomfield's small-town charm and easy access to urban amenities drives its demand. Popular neighborhoods like Wildgrass and Anthem see consistent interest. Broomfield's robust infrastructure and gorgeous mountain views further enhance its appeal.
# of Homes for Sale
0% year-over-year
All Home Types
1 year
3 year
5 year
Broomfield
Broomfield Housing Demand
Real estate in Broomfield sees high competition at present. 27.5% of homes sell above their list price, which reflects strong demand in the area. At the same time, 21.9% of homes have seen price drops, suggesting that some sellers are open to adjusting their expectations. However, the sale-to-list price ratio of 99.5% indicates that the negotiation power lies with sellers.
As a seller, you should price your home accurately from the start to avoid the need for price reductions. Instead of lowering your price right away, you could offer concessions to buyers to facilitate a quicker sale. With a sale-to-list price ratio close to 100%, sellers typically get close to their asking price. For buyers, focusing on homes with extended listing periods or those that have previously seen price reductions could offer more room for negotiation.
As a seller, you should price your home accurately from the start to avoid the need for price reductions. Instead of lowering your price right away, you could offer concessions to buyers to facilitate a quicker sale. With a sale-to-list price ratio close to 100%, sellers typically get close to their asking price. For buyers, focusing on homes with extended listing periods or those that have previously seen price reductions could offer more room for negotiation.
Homes Sold Above List Price
%0% year-over-year
All Home Types
1 year
3 year
5 year
Broomfield
Strong
Buyer
Buyer
Balanced
Seller
Strong
Seller
Buyer’s Market
Seller’s Market
Balanced: Neither buyers nor sellers dominate the market. Supply meets demand, prices stay stable, and both parties negotiate on an equal footing.
Broomfield Housing Market: When to Buy or Sell?
Like much of the Colorado real estate market, Broomfield is influenced by seasonal trends. When there is an increase in inventory and less competition, buyers tend to have more flexibility in negotiations. On the other hand, sellers benefit from higher prices and faster sales when demand outpaces the available supply.
If the supply of homes in Broomfield increases beyond the balanced range of the US real estate market (5 to 6 months), buyers can find more time to evaluate their options. A thorough understanding of these trends can help you decide the best time to make a purchase or sale.
From Hot Trends to Hidden Gems—All in Your Pocket!
The Houzeo app brings the entire real estate journey to your fingertips. Browse, list, and close—anytime, anywhere.
Download the Houzeo Mobile App Now!
Check the Real Estate Trends in Your State
- Alabama Housing Market
- Alaska Housing Market
- Arizona Housing Market
- Arkansas Housing Market
- California Housing Market
- Colorado Housing Market
- Connecticut Housing Market
- Delaware Housing Market
- Florida Housing Market
- Georgia Housing Market
- Hawaii Housing Market
- Idaho Housing Market
- Illinois Housing Market
- Indiana Housing Market
- Iowa Housing Market
- Kansas Housing Market
- Kentucky Housing Market
- Louisiana Housing Market
- Maine Housing Market
- Maryland Housing Market
- Massachusetts Housing Market
- Michigan Housing Market
- Minnesota Housing Market
- Mississippi Housing Market
Show more
Search by Top Cities in Colorado
Frequently Asked Questions
How have Broomfield house prices changed over the past year?
Over the past year, the median home price in Broomfield has reached $652,500, an increase of 1.4% YoY. You can check your home's fair market value with our free home value estimator to decide on your initial asking price, and compare it with other properties in your area.
What are Broomfield real estate market predictions for 2025?
The real estate market in Broomfield, Colorado, is expected to remain competitive in 2025. Prices are anticipated to see moderate growth, while demand stays strong. However, rising mortgage rates may impact affordability for some buyers.
What's the average home price in Broomfield?
The average home price in Broomfield varies based on the property type and size. Condos in Broomfield typically average $413,000, while single-family homes cost around $652,500. You can also find cheap homes for sale in Broomfield that fit your budget.
Is this a good time to buy a home in Broomfield, CO?
Make sure to check the current trends in housing prices and inventory in your city. If inventory is high and mortgage rates remain stable, this could be a good time to purchase a home.
How is the housing market right now in Broomfield?
The housing market in Broomfield, Colorado, tends to be stable year-round. To determine the best time to act, check current market trends to make informed decisions.
When will the Broomfield housing market crash?
Housing market forecasts suggest that the Broomfield market will remain stable through 2025. A crash is unlikely, though an increase in supply could potentially lead to adjustments in home prices.
How to buy a home in Broomfield?
The steps to purchasing a house in Broomfield must start with a clear budget and mortgage pre-approval. Buyers should then search for homes for sale in Broomfield, submit offers, secure loans, and complete the closing process.
How can I list my home for sale in Broomfield, CO?
You can list your home for sale with a Flat Fee MLS Colorado listing service. High-tech MLS listing sites like Houzeo automatically assign the right MLS paperwork based on your location. 🚀
What is the average mortgage rate for buyers in Broomfield?
The average mortgage rate for buyers fluctuates between 6.8% and 7%. It depends on the market and the borrower's credit score. Always check current rates with lenders before you apply for a loan.
What is the cost of living in Broomfield, Colorado?
The cost of living in Broomfield is 32.1% higher than the national average and 9.6% higher than the state average. While housing costs are above average, Broomfield's amenities and access to major urban centers make it a desirable place to live.
Important Legal Disclosures