New - 7 hours on Rocket
$3,551 Closing Credit¹
#8665765, Jessica Bourke, Listing Office: LIV Sotheby's International Realty
Union Station / Lower Downtown Housing Market Report January 2025•Denver County, Colorado
Housing Prices in Union Station / Lower Downtown, CO
How much do homes in Union Station / Lower Downtown, CO cost?
Housing Market Conditions
Is Union Station / Lower Downtown, CO a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Union Station / Lower Downtown is a Buyer's Market
Difference Since January 2024
Since last year, Union Station / Lower Downtown has remained a Buyer's Market.
Insight
Union Station / Lower Downtown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$640,000$509/SqFt
-$107,379
-14.4%
Based on all homes sold in the last 12 months
Insight
Homes in Union Station / Lower Downtown have sold for 14.4% less than they did a year ago.
Summary: The median home sold price in Union Station / Lower Downtown was $640,000 in January 2025, down 14.4% from last year, and the median price per square foot was $509.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Central Business District | $542.5K | $495K | -8.8% |
| Union Station / Lower Downtown | $747.3K | $640K | -14.4% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $460K | $463.7K | +0.8% |
| 22 Bedrooms | $835K | $721.1K | -13.6% |
| 33 Bedrooms | $975K | $985K | +1.0% |
| 44 Bedrooms | - | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Union Station / Lower Downtown housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +0.8%. The home price for 2 bedroom homes decreased by -13.6%. The home price for 3 bedroom homes increased by +1.0%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Union Station / Lower Downtown, CO
How many homes are available in Union Station / Lower Downtown, CO?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 55Last MonthJan 2025 | ||
| 452 months agoDec 2024 | +22.2 % Change MoMDec – Jan |
Summary: The Union Station / Lower Downtown real estate market had 55 homes for sale in Jan 2025, a 22.2 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthJan 2025 | ||
| 42 months agoDec 2024 | +25.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 15 | 18 | +20.0% |
| 22 Bedrooms | 29 | 36 | +24.1% |
| 33 Bedrooms | 1 | 1 | 0.0% |
| 44 Bedrooms | 0 | 0 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Union Station / Lower Downtown housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +20.0%. The inventory for 2 bedroom homes increased by +24.1%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Union Station / Lower Downtown, CO cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price4 Homes
Insight
If you're buying a home in Union Station / Lower Downtown, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Union Station / Lower Downtown in January 2025, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and and 0% were sold over asking.
Days on Market for Union Station / Lower Downtown, CO
How long does it take to sell a home in Union Station / Lower Downtown, CO?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days4 Homes
Over 90 Days1 Home
Insight
Avg time on Rocket Homes in Union Station / Lower Downtown has remained consistent over time.
Summary: During January 2025, 5 homes were sold in Union Station / Lower Downtown; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 63 DaysThis YearJan 2025 | ||
| 88 Days1 year agoJan 2024 | -28.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Union Station / Lower Downtown had an average listing age of 63 days in Jan 2025, down by 28.4% compared to the previous year.
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Newest Listings in Union Station / Lower Downtown, CO
What homes are available in Union Station / Lower Downtown, CO?
New - 3 days on RocketVideo tour
#3028534, Tori Bradley, Listing Office: USAJ REALTY
New - 4 days on Rocket3D tour
$10,000 Closing Credit¹
#2407174, Gina Cornelison, Listing Office: Corcoran Perry & Co.
New - 6 days on Rocket3D tour
$7,469 Closing Credit¹
#8694442, Ann Lenane, Listing Office: Kentwood Real Estate City Properties
$9,500 Closing Credit¹
#5878319, Amy Cesario, Listing Office: Compass - Denver
$7,421 Closing Credit¹
#9718140, Troy Hansford Team, Listing Office: RE/MAX Professionals
$9,844 Closing Credit¹
#2218335, Aaron Tajchman, Listing Office: REAL ESTATE REVOLUTION
Backup offers
$4,572 Closing Credit¹
#4081854, Karen Beville, Listing Office: Coldwell Banker Realty 24
$10,000 Closing Credit¹
#7321616, Amy Coloccia, Listing Office: Compass - Denver
$7,707 Closing Credit¹
#6580375, Ryan J Mulstay, Listing Office: LIV Sotheby's International Realty
$5,224 Closing Credit¹
#4654041, Chad Swenson, Listing Office: Chad V. Swenson
Video tour
$10,000 Closing Credit¹
#3933414, Justin Joseph, Listing Office: LIV Sotheby's International Realty
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Last updated on: 2/4/2025, 11:12:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.