Glendale, CO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Glendale Neighborhoods Since 2000




Glendale, CO Real Estate Data


Glendale Housing Market Information

With a population of 5,198, 2,665 total housing units (homes and apartments), and a median house value of $147,028, Glendale real estate values are some of the lowest in Colorado, although compared to real estate around the nation, Glendale homes are still considered rather expensive.

Large apartment complexes or high rise apartments are the single most common housing type in Glendale, accounting for 91.58% of the city's housing units. Other types of housing that are prevalent in Glendale include single-family detached homes ( 3.11%), duplexes, homes converted to apartments or other small apartment buildings ( 2.79%), and a few row houses and other attached homes ( 1.95%). Cities that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of cities are often walkable and compact, and often have a lively downtown.

Glendale is dominated by renter-occupied one, two, or no bedrooms apartments. 96.02% of Glendale's dwellings are rentals.

There is a lot of housing in Glendale 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 Glendale built between 1940-1969 ( 23.59%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.84%).

Glendale Home Appreciation Rates

In the last 10 years, Glendale has experienced some of the highest home appreciation rates of any community in the nation. Glendale real estate appreciated 40.23% over the last ten years, which is an average annual home appreciation rate of 3.44%, putting Glendale in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Glendale definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Glendale that despite a nationwide downturn in the housing market, Glendale real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Glendale appreciation rates continue to be some of the highest in America, at 6.96%, which is higher than appreciation rates in 80.00% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Glendale. Glendale appreciation rates in the latest quarter were at 0.49%, which equates to an annual appreciation rate of 1.97%.

Relative to Colorado, our data show that Glendale's latest annual appreciation rate is lower than 50% of the other cities and towns in Colorado.

Average Home Values

 

Median Home Value:
$147,028

Rent & Ownership

 

Average Market Rent:
$1,299 / per month

Homeownership Rate

Homeownership
Owners 3.98
Renters 96.02
Vacant 5.73

Housing Market Details

 

Age of Homes

AGE OF Glendale HOMES
2000 or Newer 12.8
1970 - 1999 63.6
1940 - 1969 23.6
1939 or Older 0.0

Types of Homes

TYPE OF Glendale HOMES
Single-Family 3.1
Townhomes 1.9
Small Apt. Buildings 2.8
Apt. Complexes 91.6
Mobile Homes 0.6
Other 0.0

Home Size

SIZE OF Glendale HOMES
No Bedroom 4.46
1 Bedroom 56.46
2 Bedrooms 33.99
3 Bedrooms 4.35
4 Bedrooms 0.18
5 or more bedrooms 0.57

Glendale Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CO*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
73.86% 3.26% 8 9
* 10 is highest