Brighton appreciation rates and housing market information

Brighton housing market information

With a population of 20,882, 6,984 total housing units (homes and apartments), and a median house value of $222,365, Brighton real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Brighton, accounting for 68.04% of the city's housing units. Other types of housing that are prevalent in Brighton include large apartment complexes or high rise apartments (12.46%), duplexes, homes converted to apartments, or other small apartment buildings (6.66%), row houses and other attached homes (6.51%), and a few mobile homes or trailers (6.33%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Brighton. Owner-occupied housing accounts for 68.43% of Brighton's homes, and 55.73% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Brighton 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 Brighton built from 1995 and later (23.78%). A lesser amount of the housing stock also hails from 1940-1969 (22.82%), and some were built from 1939 and earlier (22.82%).

Brighton home appreciation rates

Brighton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Brighton during the period has been just 5.34%, which is lower than % of US communities.

NeighborhoodScout's data show that during the latest twelve months, Brighton home appreciation rates, at 0.47%, have been at or slightly above the national average. In the latest quarter, Brighton's appreciation rate has been 1.47%, which annualizes to a rate of 5.88%.

Relative to Colorado, our data show that Brighton's latest annual appreciation rate is higher than 31% of the other cities and towns in Colorado.