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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Buena Vista, CO Real Estate Market

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 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Buena Vista, CO Housing Market Trends

With a population of 2,976, 1,319 total housing units (homes and apartments), and a median house value of $655,791, real estate costs in Buena Vista 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 Buena Vista, accounting for 76.17% of the town's housing units. Other types of housing that are prevalent in Buena Vista include large apartment complexes or high rise apartments ( 12.76%), row houses and other attached homes ( 4.60%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.40%).

The most prevalent building size and type in Buena Vista are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 38.97% owning and 61.03% renting.

There is a lot of housing in Buena Vista 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 Buena Vista built between 2000 and later ( 19.82%). A lesser amount of the housing stock also hails from before 1939 ( 19.49%). There's also some housing in Buena Vista built between 1940-1969 ( 14.77%).

Vacant housing appears to be an issue in Buena Vista. Fully 14.57% of the housing stock is classified as vacant. Left unchecked, vacant Buena Vista homes and apartments can be a drag on the real estate market, holding Buena Vista real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Buena Vista Home Appreciation Rates

In the last 10 years, Buena Vista has experienced some of the highest home appreciation rates of any community in the nation. Buena Vista real estate appreciated 150.72% over the last ten years, which is an average annual home appreciation rate of 9.63%, putting Buena Vista in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Buena Vista 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, Buena Vista's appreciation rate, at 5.06%, has been at or slightly above the national average. In the latest quarter, Buena Vista's appreciation rate has been 2.53%, which annualizes to a rate of 10.51%.

Importantly, this makes Buena Vista 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 Buena Vista's latest annual appreciation rate is higher than 50% of the other cities and towns in Colorado.

Average Home Values

Median Home Value

$655,791

Buena Vista, CO Home Prices
> $1,436,000
$1,077,001 - $1,436,000
$718,001 - $1,077,000
$574,001 - $718,000
$431,001 - $574,000
$287,001 - $431,000
$144,001 - $287,000
$72,001 - $144,000
$0 - $72,000
4.3%
4.3%
5.9%
5.9%
25.3%
25.3%
24.4%
24.4%
19.9%
19.9%
16.0%
16.0%
1.0%
1.0%
1.0%
1.0%
2.2%
2.2%
0% 100.0%
% of Homes
High

for Colorado

Very High

for nation

Number of Homes And Apartments:

1,319

Buena Vista Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,899 / per month

Homeownership Rate

Owners
Renters
39.0%
39.0%
61.0%
61.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
14.6%
14.6%
85.4%
85.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
19.8%
19.8%
45.9%
45.9%
14.8%
14.8%
19.5%
19.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
76.2%
76.2%
4.6%
4.6%
4.4%
4.4%
12.8%
12.8%
2.1%
2.1%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
18.3%
18.3%
10.4%
10.4%
54.9%
54.9%
16.4%
16.4%
0.0%
0.0%
0% 100.0%
% of Homes

Popular Neighborhoods in Buena Vista

Popular Communities Near Buena Vista, CO

Zip Codes in Buena Vista, CO