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 Q2 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

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

Arvada Housing Market Information

With 118,807 people, 45,967 houses or apartments, and a median cost of homes of $410,446, 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 70.29% of the city's housing units. Other types of housing that are prevalent in Arvada include large apartment complexes or high rise apartments ( 17.54%), row houses and other attached homes ( 7.82%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.13%).

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 73.04% of Arvada's homes, and 60.90% 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 ( 29.43%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.67%). There's also some housing in Arvada built before 1939 ( 1.27%).

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 80.20% over the last ten years, which is an average annual home appreciation rate of 6.07%, 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.

NeighborhoodScout's data show that during the latest twelve months, Arvada's appreciation rate, at 2.92%, has been at or slightly above the national average. In the latest quarter, Arvada's appreciation rate has been 1.51%, which annualizes to a rate of 6.17%.

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:
$410,446

Arvada, CO HOME PRICES

Value Range
> $1,371,000 0.4
$1,028,001 - $1,371,000 1.2
$685,001 - $1,028,000 8.6
$548,001 - $685,000 13.0
$411,001 - $548,000 26.2
$274,001 - $411,000 34.1
$137,001 - $274,000 13.6
$69,001 - $137,000 1.1
$0 - $69,000 1.9

High for CO
Very High for Nation

Value Relative to Nation Value Relative to State
10.8379562043796 32.6086956521739

Number Of Homes And Apartments:
45,967

Arvada Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CO*
Compared To
America*
Latest Quarter:
2019 Q1 - 2019 Q2
Last 12 Months:
2018 Q2 - 2019 Q2
Last 2 Years:
2017 Q2 - 2019 Q2
Last 5 Years:
2014 Q2 - 2019 Q2
Last 10 Years:
2009 Q2 - 2019 Q2
Since 2000:
2000 Q1 - 2019 Q2
100.85% 3.64%
7
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,016 / per month

Homeownership Rate

Homeownership
Owners 73.04
Renters 26.96
Vacant 2.83

Housing Market Details

 

Age of Homes

AGE OF Arvada HOMES
2000 or Newer 15.7
1970 - 1999 53.6
1940 - 1969 29.4
1939 or Older 1.3

Types of Homes

TYPE OF Arvada HOMES
Single-Family 70.3
Townhomes 7.8
Small Apt. Buildings 4.1
Apt. Complexes 17.5
Mobile Homes 0.1
Other 0.1

Home Size

SIZE OF Arvada HOMES
No Bedroom 0.82
1 Bedroom 7.70
2 Bedrooms 21.85
3 Bedrooms 34.26
4 Bedrooms 26.64
5 or more bedrooms 8.73