Berthoud, CO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Berthoud, 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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

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

Berthoud Housing Market Information

With 6,031 people, 2,297 houses or apartments, and a median cost of homes of $321,344, real estate costs in Berthoud 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 Berthoud, accounting for 78.83% of the town's housing units. Other types of housing that are prevalent in Berthoud include mobile homes or trailers ( 7.81%), duplexes, homes converted to apartments or other small apartment buildings ( 4.55%), and a few row houses and other attached homes ( 4.51%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Berthoud. Owner-occupied housing accounts for 79.40% of Berthoud's homes, and 67.14% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Berthoud 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 Berthoud built between 2000 and later ( 20.96%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.19%). There's also some housing in Berthoud built before 1939 ( 12.15%).

Berthoud Home Appreciation Rates

In the last 10 years, Berthoud has experienced some of the highest home appreciation rates of any community in the nation. Berthoud real estate appreciated 30.31% over the last ten years, which is an average annual home appreciation rate of 2.68%, putting Berthoud in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Berthoud definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Berthoud that despite a nationwide downturn in the housing market, Berthoud real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Berthoud appreciation rates continue to be some of the highest in America, at 11.22%, which is higher than appreciation rates in 96.36% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Berthoud. Berthoud appreciation rates in the latest quarter were at 3.20%, which equates to an annual appreciation rate of 13.44%.

Importantly, this makes Berthoud one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Colorado, our data show that Berthoud's latest annual appreciation rate is higher than 80% of the other cities and towns in Colorado.

Average Home Values

 

Median Home Value:
$321,344

Berthoud, CO HOME PRICES

Value Range
> $1,352,000 0.1
$1,014,001 - $1,352,000 0.1
$676,001 - $1,014,000 1.1
$541,001 - $676,000 2.4
$406,001 - $541,000 12.3
$270,001 - $406,000 51.5
$135,001 - $270,000 19.2
$68,001 - $135,000 1.7
$0 - $68,000 11.6

Average for CO
Very High for Nation

Value Relative to Nation Value Relative to State
14.4263447790929 42.3580786026201

Number Of Homes And Apartments:
2,297

Berthoud Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CO*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
53.81% 2.53% 5 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,145 / per month

Homeownership Rate

Homeownership
Owners 79.40
Renters 20.60
Vacant 4.09

Housing Market Details

 

Age of Homes

AGE OF Berthoud HOMES
2000 or Newer 21.0
1970 - 1999 53.7
1940 - 1969 13.2
1939 or Older 12.2

Types of Homes

TYPE OF Berthoud HOMES
Single-Family 78.8
Townhomes 4.5
Small Apt. Buildings 4.6
Apt. Complexes 4.3
Mobile Homes 7.8
Other 0.0

Home Size

SIZE OF Berthoud HOMES
No Bedroom 0.00
1 Bedroom 4.30
2 Bedrooms 22.38
3 Bedrooms 47.56
4 Bedrooms 19.58
5 or more bedrooms 6.18

Popular Neighborhoods in Berthoud

Zip Codes in Berthoud, CO