Evergreen, 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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

Evergreen, CO Housing Market Trends

With 9,352 people, 3,687 houses or apartments, and a median cost of homes of $690,634, Evergreen house prices are not only among the most expensive in Colorado, Evergreen real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Evergreen, accounting for 89.39% of the town's housing units. Other types of housing that are prevalent in Evergreen include row houses and other attached homes ( 6.02%), large apartment complexes or high rise apartments ( 3.10%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.29%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Evergreen. Owner-occupied housing accounts for 82.99% of Evergreen's homes, and 68.06% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Evergreen 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 Evergreen built between 1940-1969 ( 21.45%). A lesser amount of the housing stock also hails from before 1939 ( 8.42%). There's also some housing in Evergreen built between 2000 and later ( 6.98%).

Evergreen Home Appreciation Rates

In the last 10 years, Evergreen has experienced some of the highest home appreciation rates of any community in the nation. Evergreen real estate appreciated 69.68% over the last ten years, which is an average annual home appreciation rate of 5.43%, putting Evergreen in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Evergreen 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, Evergreen's appreciation rate, at 5.35%, has been at or slightly above the national average. In the latest quarter, Evergreen's appreciation rate has been 2.05%, which annualizes to a rate of 8.44%.

Relative to Colorado, our data show that Evergreen's latest annual appreciation rate is lower than 60% of the other cities and towns in Colorado.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Evergreen differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Evergreen - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Evergreen real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$690,634

Evergreen, CO HOME PRICES

> $1,200,000
11.9%
11.9%
$900,001 - $1,200,000
13.9%
13.9%
$600,001 - $900,000
28.3%
28.3%
$480,001 - $600,000
18.9%
18.9%
$360,001 - $480,000
15.0%
15.0%
$240,001 - $360,000
8.8%
8.8%
$120,001 - $240,000
2.8%
2.8%
$60,001 - $120,000
0.2%
0.2%
$0 - $60,000
0.3%
0.3%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for CO

Value Relative To Nation

Number Of Homes And Apartments:
3,687

Evergreen Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CO*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
94.89% 3.23%
4
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,613 / per month

Homeownership Rate

Owners
83.0%
83.0%
Renters
17.0%
17.0%
Vacant
7.1%
7.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
7.0%
7.0%
1970 - 1999
63.1%
63.1%
1940 - 1969
21.5%
21.5%
1939 or Older
8.4%
8.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
89.4%
89.4%
Townhomes
6.0%
6.0%
Small Apt. Buildings
1.3%
1.3%
Apt. Complexes
3.1%
3.1%
Mobile Homes
0.2%
0.2%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.7%
0.7%
1 Bedroom
5.9%
5.9%
2 Bedrooms
15.4%
15.4%
3 Bedrooms
35.7%
35.7%
4 Bedrooms
32.3%
32.3%
5 or more bedrooms
9.9%
9.9%
0.0% 100.0%
% OF HOMES