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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 Q2 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (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 169,810, 61,526 total housing units (homes and apartments), and a median house value of $538,731, 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 57.07% of the city's housing units. Other types of housing that are prevalent in Fort Collins include large apartment complexes or high rise apartments ( 25.15%), row houses and other attached homes ( 7.98%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.51%).

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 52.57% owning and 47.43% 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 ( 30.00%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.46%). There's also some housing in Fort Collins built before 1939 ( 4.69%).

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 122.68% over the last ten years, which is an average annual home appreciation rate of 8.34%, 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.

NeighborhoodScout's data show that during the latest twelve months, Fort Collins's appreciation rate, at 14.97%, has been at or slightly above the national average. In the latest quarter, Fort Collins's appreciation rate has been 3.51%, which annualizes to a rate of 14.80%.

Relative to Colorado, our data show that Fort Collins's latest annual appreciation rate is lower 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.

Average Home Values

 

Median Home Value:
$538,731

Fort Collins, CO HOME PRICES

> $1,370,000
$1,027,001 - $1,370,000
$685,001 - $1,027,000
$548,001 - $685,000
$411,001 - $548,000
$274,001 - $411,000
$137,001 - $274,000
$68,001 - $137,000
$0 - $68,000
1.5%
1.5%
3.1%
3.1%
17.8%
17.8%
24.1%
24.1%
27.9%
27.9%
17.7%
17.7%
3.5%
3.5%
1.2%
1.2%
3.3%
3.3%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for CO

Value Relative To Nation

Number Of Homes And Apartments:
61,526

Fort Collins Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CO*
Compared To
America*
Latest Quarter:
2022 Q1 - 2022 Q2
Last 12 Months:
2021 Q2 - 2022 Q2
Last 2 Years:
2020 Q2 - 2022 Q2
Last 5 Years:
2017 Q2 - 2022 Q2
Last 10 Years:
2012 Q2 - 2022 Q2
Since 2000:
2000 Q1 - 2022 Q2
170.61% 4.52%
8
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,296 / per month

Homeownership Rate

Owners
Renters
Vacant
52.6%
52.6%
47.4%
47.4%
4.3%
4.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
30.0%
30.0%
53.8%
53.8%
11.5%
11.5%
4.7%
4.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
57.1%
57.1%
8.0%
8.0%
7.5%
7.5%
25.1%
25.1%
2.2%
2.2%
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.9%
1.9%
9.3%
9.3%
26.1%
26.1%
32.7%
32.7%
22.1%
22.1%
7.9%
7.9%
0.0% 100.0%
% OF HOMES