Firestone, CO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Firestone Neighborhoods Since 2000




Firestone, 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

Firestone Housing Market Information

With 11,999 people, 3,639 houses or apartments, and a median cost of homes of $367,108, real estate costs in Firestone 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 Firestone, accounting for 89.27% of the town's housing units. Other types of housing that are prevalent in Firestone include mobile homes or trailers ( 9.70%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Firestone. Owner-occupied housing accounts for 88.13% of Firestone's homes, and 81.44% have either three or four bedrooms, which is average sized relative to America.

Firestone homes and real estate are some of the newest in America. 76.74% of Firestone's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Firestone real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 15.65%), and before 1939 ( 5.22%). There's also some housing in Firestone built between 1940-1969 ( 2.39%).

Firestone Home Appreciation Rates

In the last 10 years, Firestone has experienced some of the highest home appreciation rates of any community in the nation. Firestone real estate appreciated 36.63% over the last ten years, which is an average annual home appreciation rate of 3.17%, putting Firestone in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Firestone 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 Firestone that despite a nationwide downturn in the housing market, Firestone real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Firestone appreciation rates continue to be some of the highest in America, at 9.80%, which is higher than appreciation rates in 93.29% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Firestone. Firestone appreciation rates in the latest quarter were at 1.44%, which equates to an annual appreciation rate of 5.89%.

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

Average Home Values

 

Median Home Value:
$367,108

Firestone, CO HOME PRICES

Value Range
> $1,393,000 0.2
$1,044,001 - $1,393,000 1.2
$696,001 - $1,044,000 2.9
$557,001 - $696,000 4.6
$417,001 - $557,000 16.8
$278,001 - $417,000 51.6
$139,001 - $278,000 14.8
$70,001 - $139,000 2.7
$0 - $70,000 5.2

High for CO
Very High for Nation

Value Relative to Nation Value Relative to State
11.0687917496777 27.5109170305677

Number Of Homes And Apartments:
3,639

Firestone 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
62.66% 2.86% 7 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,782 / per month

Homeownership Rate

Homeownership
Owners 88.13
Renters 11.87
Vacant 1.11

Housing Market Details

 

Age of Homes

AGE OF Firestone HOMES
2000 or Newer 76.7
1970 - 1999 15.7
1940 - 1969 2.4
1939 or Older 5.2

Types of Homes

TYPE OF Firestone HOMES
Single-Family 89.3
Townhomes 0.2
Small Apt. Buildings 0.2
Apt. Complexes 0.6
Mobile Homes 9.7
Other 0.0

Home Size

SIZE OF Firestone HOMES
No Bedroom 0.27
1 Bedroom 0.65
2 Bedrooms 8.23
3 Bedrooms 46.66
4 Bedrooms 34.78
5 or more bedrooms 9.40