Arvada CO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Arvada, CO Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Arvada Housing Market Information

With a population of 120,492, 47,032 total housing units (homes and apartments), and a median house value of $414,163, real estate costs in Arvada are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Colorado communities.

Single-family detached homes are the single most common housing type in Arvada, accounting for 71.14% of the city's housing units. Other types of housing that are prevalent in Arvada include large apartment complexes or high rise apartments ( 16.88%), row houses and other attached homes ( 7.43%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.35%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Arvada. Owner-occupied housing accounts for 73.78% of Arvada's homes, and 60.25% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Arvada built from 1970 to 1999 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 between 1940-1969 ( 29.15%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.88%). There's also some housing in Arvada built before 1939 ( 1.29%).

Arvada Home Appreciation Rates

In the last 10 years, Arvada has experienced some of the highest home appreciation rates of any community in the nation. Arvada real estate appreciated 87.04% over the last ten years, which is an average annual home appreciation rate of 6.46%, putting Arvada in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Arvada definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

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 3.18%, 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 0.43%, which equates to an annual appreciation rate of 1.73%.

Relative to Colorado, our data show that Arvada's latest annual appreciation rate is lower than 80% 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 2000, to assist you in making the best Arvada real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$414,163

Arvada, CO HOME PRICES

Value Range
> $1,258,000 0.6
$944,001 - $1,258,000 1.8
$629,001 - $944,000 11.6
$503,001 - $629,000 17.6
$377,001 - $503,000 29.3
$252,001 - $377,000 28.2
$126,001 - $252,000 8.5
$63,001 - $126,000 0.9
$0 - $63,000 1.6

High for CO
Very High for Nation

Value Relative to Nation Value Relative to State
10.785401459854 33.4782608695652

Number Of Homes And Apartments:
47,032

Arvada Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CO*
Compared To
America*
Latest Quarter:
2019 Q3 - 2019 Q4
Last 12 Months:
2018 Q4 - 2019 Q4
Last 2 Years:
2017 Q4 - 2019 Q4
Last 5 Years:
2014 Q4 - 2019 Q4
Last 10 Years:
2009 Q4 - 2019 Q4
Since 2000:
2000 Q1 - 2019 Q4
103.73% 3.62%
7
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,931 / per month

Homeownership Rate

Homeownership
Owners 73.78
Renters 26.22
Vacant 2.73

Housing Market Details

 

Age of Homes

AGE OF Arvada HOMES
2000 or Newer 17.9
1970 - 1999 51.7
1940 - 1969 29.2
1939 or Older 1.3

Types of Homes

TYPE OF Arvada HOMES
Single-Family 71.1
Townhomes 7.4
Small Apt. Buildings 4.4
Apt. Complexes 16.9
Mobile Homes 0.1
Other 0.1

Home Size

SIZE OF Arvada HOMES
No Bedroom 0.93
1 Bedroom 7.25
2 Bedrooms 22.22
3 Bedrooms 33.30
4 Bedrooms 26.96
5 or more bedrooms 9.34