Berthoud, CO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Berthoud, CO Real Estate Data


Berthoud Housing Market Information

With a population of 6,031, 2,061 total housing units (homes and apartments), and a median house value of $317,521, 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 83.76% of the town's housing units. Other types of housing that are prevalent in Berthoud include mobile homes or trailers ( 7.71%), large apartment complexes or high rise apartments ( 4.80%), and a few row houses and other attached homes ( 3.18%).

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 83.90% of Berthoud's homes, and 70.00% 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 ( 20.72%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.77%). There's also some housing in Berthoud built before 1939 ( 13.11%).

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 22.04% over the last ten years, which is an average annual home appreciation rate of 2.01%, putting Berthoud in the top 20% 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 8.15%, which is higher than appreciation rates in 92.23% 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 3.42%, which equates to an annual appreciation rate of 14.38%.

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 60% of the other cities and towns in Colorado.

Average Home Values

 

Median Home Value:
$317,521

Berthoud, CO HOME PRICES

Value Range
> $1,383,000 0.1
$1,037,001 - $1,383,000 0.1
$691,001 - $1,037,000 0.9
$553,001 - $691,000 1.3
$415,001 - $553,000 10.0
$277,001 - $415,000 51.8
$138,001 - $277,000 23.3
$69,001 - $138,000 2.2
$0 - $69,000 10.3

Average for CO
Very High for Nation

Value Relative to Nation Value Relative to State
15.2310124729168 43.6681222707424

Number Of Homes And Apartments:
2,061

Rent & Ownership

 

Average Market Rent:
$1,289 / per month

Homeownership Rate

Homeownership
Owners 83.90
Renters 16.10
Vacant 4.89

Housing Market Details

 

Age of Homes

AGE OF Berthoud HOMES
2000 or Newer 20.7
1970 - 1999 51.4
1940 - 1969 14.8
1939 or Older 13.1

Types of Homes

TYPE OF Berthoud HOMES
Single-Family 83.8
Townhomes 3.2
Small Apt. Buildings 0.6
Apt. Complexes 4.8
Mobile Homes 7.7
Other 0.0

Home Size

SIZE OF Berthoud HOMES
No Bedroom 0.00
1 Bedroom 4.25
2 Bedrooms 18.27
3 Bedrooms 51.82
4 Bedrooms 18.18
5 or more bedrooms 7.48

Berthoud Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CO*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
43.18% 2.13% 3 5
* 10 is highest

Popular Neighborhoods in Berthoud

Zip Codes in Berthoud, CO