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 a population of 29,677, 10,044 total housing units (homes and apartments), and a median house value of $403,972, Fountain real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Fountain, accounting for 81.25% of the city's housing units. Other types of housing that are prevalent in Fountain include duplexes, homes converted to apartments or other small apartment buildings ( 6.60%), large apartment complexes or high rise apartments ( 6.39%), and a few row houses and other attached homes ( 4.40%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fountain. Owner-occupied housing accounts for 69.07% of Fountain's homes, and 70.22% have either three or four bedrooms, which is average sized relative to America.
Fountain homes and real estate are some of the newest in America. 51.04% of Fountain's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Fountain real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 38.61%), and between 1940-1969 ( 5.50%). There's also some housing in Fountain built before 1939 ( 4.85%).
In the last 10 years, Fountain has experienced some of the highest home appreciation rates of any community in the nation. Fountain real estate appreciated 128.00% over the last ten years, which is an average annual home appreciation rate of 8.59%, putting Fountain in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Fountain 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, Fountain appreciation rates have trailed the rest of the nation. In the last twelve months, Fountain's appreciation rate has been 6.44%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fountain were at -2.66%, which equates to an annual appreciation rate of -10.22%.
Notably, Fountain's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Colorado, our data show that Fountain'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 Fountain differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fountain - 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 Fountain real estate investment or home purchase decisions.
$2,805 / per month