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 Q2 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Berthoud Housing Market Information

With 7,946 people, 2,576 houses or apartments, and a median cost of homes of $359,796, Berthoud real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Berthoud, accounting for 77.53% of the town's housing units. Other types of housing that are prevalent in Berthoud include mobile homes or trailers ( 9.09%), duplexes, homes converted to apartments or other small apartment buildings ( 4.90%), and a few large apartment complexes or high rise apartments ( 4.83%).

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 78.65% of Berthoud's homes, and 60.60% 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 ( 36.50%). A lesser amount of the housing stock also hails from before 1939 ( 9.31%). There's also some housing in Berthoud built between 1940-1969 ( 6.26%).

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 78.97% over the last ten years, which is an average annual home appreciation rate of 5.99%, 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.

NeighborhoodScout's data show that during the latest twelve months, Berthoud's appreciation rate, at 4.11%, has been at or slightly above the national average. In the latest quarter, Berthoud's appreciation rate has been 1.26%, which annualizes to a rate of 5.13%.

Relative to Colorado, our data show that Berthoud's latest annual appreciation rate is higher than 50% of the other cities and towns in Colorado.

Average Home Values

 

Median Home Value:
$359,796

Berthoud, CO HOME PRICES

Value Range
> $1,294,000 0.6
$970,001 - $1,294,000 0.4
$647,001 - $970,000 5.4
$518,001 - $647,000 13.2
$388,001 - $518,000 27.9
$259,001 - $388,000 30.7
$130,001 - $259,000 9.0
$65,001 - $130,000 4.0
$0 - $65,000 8.9

Average for CO
Very High for Nation

Value Relative to Nation Value Relative to State
15.363503649635 47.3913043478261

Number Of Homes And Apartments:
2,576

Berthoud Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CO*
Compared To
America*
Latest Quarter:
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
Since 2000:
2000 Q1 - 2020 Q2
90.98% 3.21%
4
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,581 / per month

Homeownership Rate

Homeownership
Owners 78.65
Renters 21.35
Vacant 2.87

Housing Market Details

 

Age of Homes

AGE OF Berthoud HOMES
2000 or Newer 36.5
1970 - 1999 47.9
1940 - 1969 6.3
1939 or Older 9.3

Types of Homes

TYPE OF Berthoud HOMES
Single-Family 77.5
Townhomes 3.7
Small Apt. Buildings 4.9
Apt. Complexes 4.8
Mobile Homes 9.1
Other 0.0

Home Size

SIZE OF Berthoud HOMES
No Bedroom 0.00
1 Bedroom 5.20
2 Bedrooms 23.08
3 Bedrooms 36.43
4 Bedrooms 24.17
5 or more bedrooms 11.12

Popular Neighborhoods in Berthoud

Zip Codes in Berthoud, CO