Southglenn appreciation rates and housing market information

Southglenn housing market information

With a population of 43,516, 16,709 total housing units (homes and apartments), and a median house value of $303,200, Southglenn real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Southglenn, accounting for 74.31% of the town's housing units. Other types of housing that are prevalent in Southglenn include row houses and other attached homes (15.13%), large apartment complexes or high rise apartments (8.63%), and a few duplexes, homes converted to apartments, or other small apartment buildings (1.86%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Southglenn. Owner-occupied housing accounts for 85.68% of Southglenn's homes, and 71.29% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Southglenn 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 Southglenn built from 1940-1969 (32.46%). A lesser amount of the housing stock also hails from 1995 and later (4.73%), and some were built from 1939 and earlier (4.73%).

Southglenn home appreciation rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Southglenn, where house values have increased just 45.07%, which is an average annual increase of 4.50%. NeighborhoodScout's data show that in the latest quarter, Southglenn house values appreciated -0.72%, which is an annualized rate of -2.88%. This rate is lower than the appreciation rate found in 60% of the cities and towns in America.

Over the last year, Southglenn appreciation rates have trailed the rest of the nation. In the last twelve months, Southglenn's appreciation rate has been -1.63%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Southglenn were at -0.72%, which equates to an annual appreciation rate of -2.88%.

Relative to Colorado, our data show that Southglenn's latest annual appreciation rate is higher than 4% of the other cities and towns in Colorado.