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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 168,538 people, 67,270 houses or apartments, and a median cost of homes of $590,664, 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 54.93% of the city's housing units. Other types of housing that are prevalent in Fort Collins include large apartment complexes or high rise apartments ( 27.35%), row houses and other attached homes ( 7.95%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.55%).
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 50.35% owning and 49.65% 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 ( 31.41%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.16%). There's also some housing in Fort Collins built before 1939 ( 4.58%).
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 128.18% over the last ten years, which is an average annual home appreciation rate of 8.60%, putting Fort Collins in the top 20% 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 2.94%, 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 4.70%, which equates to an annual appreciation rate of 20.17%.
Importantly, this makes Fort Collins one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Colorado, our data show that Fort Collins's latest annual appreciation rate is higher than 70% 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.
$2,542 / per month