Delta, CO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Delta, 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

Delta Housing Market Information

With 8,791 people, 3,533 houses or apartments, and a median cost of homes of $190,369, Delta real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Delta, accounting for 67.58% of the city's housing units. Other types of housing that are prevalent in Delta include mobile homes or trailers ( 12.30%), large apartment complexes or high rise apartments ( 8.03%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.63%).

The most prevalent building size and type in Delta are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.73% owning and 44.27% renting.

There is a lot of housing in Delta 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 Delta built before 1939 ( 25.30%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.10%). There's also some housing in Delta built between 1940-1969 ( 19.98%).

Vacant housing appears to be an issue in Delta. Fully 15.28% of the housing stock is classified as vacant. Left unchecked, vacant Delta homes and apartments can be a drag on the real estate market, holding Delta 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.

Delta Home Appreciation Rates

Delta's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Delta during the period has been just -0.81%, which is lower than 70% of US communities.

Over the last year, Delta appreciation rates have trailed the rest of the nation. In the last twelve months, Delta's appreciation rate has been 2.30%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Delta were at 0.00%, which equates to an annual appreciation rate of 0.00%.

Relative to Colorado, our data show that Delta's latest annual appreciation rate is lower than 90% of the other cities and towns in Colorado.

Average Home Values

 

Median Home Value:
$190,369

Delta, CO HOME PRICES

Value Range
> $1,063,000 0.5
$797,001 - $1,063,000 1.0
$532,001 - $797,000 2.6
$425,001 - $532,000 2.0
$319,001 - $425,000 5.8
$213,001 - $319,000 28.0
$106,001 - $213,000 42.7
$53,001 - $106,000 8.1
$0 - $53,000 9.4

Low for CO
High for Nation

Value Relative to Nation Value Relative to State
34.8353451306692 72.0524017467249

Number Of Homes And Apartments:
3,533

Delta 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
34.31% 1.72% 1 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,164 / per month

Homeownership Rate

Homeownership
Owners 55.73
Renters 44.27
Vacant 15.28

Housing Market Details

 

Age of Homes

AGE OF Delta HOMES
2000 or Newer 20.1
1970 - 1999 34.6
1940 - 1969 20.0
1939 or Older 25.3

Types of Homes

TYPE OF Delta HOMES
Single-Family 67.6
Townhomes 4.5
Small Apt. Buildings 7.6
Apt. Complexes 8.0
Mobile Homes 12.3
Other 0.0

Home Size

SIZE OF Delta HOMES
No Bedroom 1.01
1 Bedroom 12.93
2 Bedrooms 32.52
3 Bedrooms 37.36
4 Bedrooms 14.20
5 or more bedrooms 1.99

Popular Neighborhoods in Delta

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Zip Codes in Delta, CO