Arvada appreciation rates and housing market information

Arvada housing market information

With a population of 102,505, 39,623 total housing units (homes and apartments), and a median house value of $269,313, Arvada real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Arvada, accounting for 71.99% of the city's housing units. Other types of housing that are prevalent in Arvada include large apartment complexes or high rise apartments (16.42%), row houses and other attached homes (7.16%), and a few duplexes, homes converted to apartments, or other small apartment buildings (4.34%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Arvada. Owner-occupied housing accounts for 74.18% of Arvada's homes, and 60.70% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Arvada built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Arvada built from 1940-1969 (34.09%). A lesser amount of the housing stock also hails from 1995 and later (8.60%), and some were built from 1939 and earlier (8.60%).

Arvada home appreciation rates

Arvada's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Arvada during the period has been just 4.43%, which is lower than % of US communities.

Over the last year, Arvada appreciation rates have trailed the rest of the nation. In the last twelve months, Arvada's appreciation rate has been -0.43%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Arvada were at 1.24%, which equates to an annual appreciation rate of 4.96%.

Relative to Colorado, our data show that Arvada's latest annual appreciation rate is higher than 20% of the other cities and towns in Colorado.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Arvada differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Arvada - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Arvada real estate investment or home purchase decisions.