Fruita, CO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Fruita Neighborhoods Since 2000




Fruita, 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

Fruita Housing Market Information

With 12,795 people, 4,862 houses or apartments, and a median cost of homes of $222,076, Fruita real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Fruita, accounting for 75.00% of the city's housing units. Other types of housing that are prevalent in Fruita include duplexes, homes converted to apartments or other small apartment buildings ( 11.90%), row houses and other attached homes ( 6.13%), and a few mobile homes or trailers ( 4.20%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fruita. Owner-occupied housing accounts for 68.05% of Fruita's homes, and 74.27% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Fruita 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 Fruita built between 2000 and later ( 45.71%). A lesser amount of the housing stock also hails from before 1939 ( 5.22%). There's also some housing in Fruita built between 1940-1969 ( 2.29%).

Fruita Home Appreciation Rates

Real estate appreciation rates in Fruita's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.69% during the period.

Over the last year, Fruita appreciation rates have trailed the rest of the nation. In the last twelve months, Fruita's appreciation rate has been 2.66%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fruita were at 2.40%, which equates to an annual appreciation rate of 9.95%.

Importantly, this makes Fruita 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 Fruita's latest annual appreciation rate is lower than 90% of the other cities and towns in Colorado.

Average Home Values

 

Median Home Value:
$222,076

Fruita, CO HOME PRICES

Value Range
> $1,130,000 0.0
$848,001 - $1,130,000 0.1
$565,001 - $848,000 0.9
$452,001 - $565,000 1.2
$339,001 - $452,000 8.9
$226,001 - $339,000 39.2
$113,001 - $226,000 41.8
$56,001 - $113,000 6.0
$0 - $56,000 2.0

Low for CO
High for Nation

Value Relative to Nation Value Relative to State
27.2881753193484 63.7554585152838

Number Of Homes And Apartments:
4,862

Fruita 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
57.27% 2.66% 5 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,208 / per month

Homeownership Rate

Homeownership
Owners 68.05
Renters 31.95
Vacant 4.22

Housing Market Details

 

Age of Homes

AGE OF Fruita HOMES
2000 or Newer 45.7
1970 - 1999 46.8
1940 - 1969 2.3
1939 or Older 5.2

Types of Homes

TYPE OF Fruita HOMES
Single-Family 75.0
Townhomes 6.1
Small Apt. Buildings 11.9
Apt. Complexes 2.3
Mobile Homes 4.2
Other 0.5

Home Size

SIZE OF Fruita HOMES
No Bedroom 0.55
1 Bedroom 3.59
2 Bedrooms 18.38
3 Bedrooms 59.36
4 Bedrooms 14.91
5 or more bedrooms 3.21

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Zip Codes in Fruita, CO