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Town comparisons › Milliken vs Severance

Milliken vs Severance

Milliken and Severance are both in Weld County. There are 37 homes for sale in Milliken and 79 in Severance as this page loaded. Severance is the more expensive of the two: a median asking price of $496,600 against $475,000 in Milliken, about 5% higher. Homes are moving faster in Milliken — a median of 44 days on market against 53 in Severance. Milliken is a seller's market right now and Severance is a balanced market.

Side by side

MeasureMillikenSeverance
Homes for sale3779
New in last 30 days1525
Median asking price$475,000$496,600
Median price per sq ft$278$242
Median size (sq ft)2,1722,302
Median bedrooms34
Median days on market4453
Months of supply2.93.4
Sold, last 12 months155275
Median sold price$451,000$500,000
Median days to sell6074
Sold vs asking price100.0%100.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Milliken is a seller's marketUnder three months of supply means the homes for sale would run out in under three months at the current pace of sales. Sellers tend to hold their price and good homes go quickly.
Severance is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.

Milliken

37
Homes for sale
$475,000
Median asking price
$278
Median per sq ft
44
Median days on market

Severance

79
Homes for sale
$496,600
Median asking price
$242
Median per sq ft
53
Median days on market

Look at either town on its own

Questions people ask

Is Milliken or Severance more expensive?

Severance is more expensive. The median asking price is $496,600 in Severance against $475,000 in Milliken. By price per square foot, Milliken runs $278 and Severance $242.

Which moves faster, Milliken or Severance?

Homes for sale in Milliken have been on the market a median of 44 days, against 53 days in Severance. Of the homes that actually closed in the last twelve months, Milliken took a median of 60 days and Severance 74.

Is Milliken or Severance the better market for a buyer?

Milliken is a seller's market and Severance is a balanced market, measured on months of supply — 2.9 months in Milliken and 3.4 in Severance. More months of supply means more choice and more room to negotiate, so on that measure Severance is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Milliken and Severance?

There are 37 homes for sale in Milliken and 79 in Severance as this page loaded, 15 and 25 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.