Fort Collins, 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

Fort Collins, CO Housing Market Trends

With a population of 170,243, 64,599 total housing units (homes and apartments), and a median house value of $406,597, real estate costs in Fort Collins 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 Fort Collins, accounting for 56.36% of the city's housing units. Other types of housing that are prevalent in Fort Collins include large apartment complexes or high rise apartments ( 25.92%), duplexes, homes converted to apartments or other small apartment buildings ( 7.80%), and a few row houses and other attached homes ( 7.76%).

The most prevalent building size and type in Fort Collins are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 50.75% owning and 49.25% renting.

There is a lot of housing in Fort Collins 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 Fort Collins built between 2000 and later ( 27.69%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.84%). There's also some housing in Fort Collins built before 1939 ( 5.18%).

Fort Collins Home Appreciation Rates

In the last 10 years, Fort Collins has experienced some of the highest home appreciation rates of any community in the nation. Fort Collins real estate appreciated 84.31% over the last ten years, which is an average annual home appreciation rate of 6.31%, putting Fort Collins in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Fort Collins definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Fort Collins appreciation rates have trailed the rest of the nation. In the last twelve months, Fort Collins's appreciation rate has been 3.34%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fort Collins were at 0.44%, which equates to an annual appreciation rate of 1.79%.

Notably, Fort Collins's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Colorado, our data show that Fort Collins's latest annual appreciation rate is lower than 90% 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 city. Individual neighborhoods within Fort Collins differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fort Collins - 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 Fort Collins real estate investment or home purchase decisions.

Average Home Values

 
info

Median Home Value:
$406,597

Fort Collins, CO HOME PRICES

> $1,177,000
1.4%
1.4%
$883,001 - $1,177,000
2.6%
2.6%
$589,001 - $883,000
13.9%
13.9%
$471,001 - $589,000
19.3%
19.3%
$353,001 - $471,000
29.1%
29.1%
$235,001 - $353,000
23.2%
23.2%
$118,001 - $235,000
5.9%
5.9%
$59,001 - $118,000
1.3%
1.3%
$0 - $59,000
3.4%
3.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Average for CO

Value Relative To Nation

Number Of Homes And Apartments:
64,599

Fort Collins 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
119.61% 3.82%
8
9
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,720 / per month

Homeownership Rate

Owners
50.8%
50.8%
Renters
49.2%
49.2%
Vacant
4.4%
4.4%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
27.7%
27.7%
1970 - 1999
55.3%
55.3%
1940 - 1969
11.8%
11.8%
1939 or Older
5.2%
5.2%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
56.4%
56.4%
Townhomes
7.8%
7.8%
Small Apt. Buildings
7.8%
7.8%
Apt. Complexes
25.9%
25.9%
Mobile Homes
2.1%
2.1%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.2%
2.2%
1 Bedroom
8.7%
8.7%
2 Bedrooms
28.4%
28.4%
3 Bedrooms
31.7%
31.7%
4 Bedrooms
21.3%
21.3%
5 or more bedrooms
7.9%
7.9%
0.0% 100.0%
% OF HOMES