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
With a population of 5,198, 2,665 total housing units (homes and apartments), and a median house value of $151,740, 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 with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.
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%).
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 44.41% over the last ten years, which is an average annual home appreciation rate of 3.74%, 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 8.69%, which is higher than appreciation rates in 89.68% 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 2.55%, which equates to an annual appreciation rate of 10.59%.
Importantly, this makes Glendale 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 Glendale's latest annual appreciation rate is higher than 60% of the other cities and towns in Colorado.
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Glendale HOMES|
|2000 or Newer||12.8|
|1970 - 1999||63.6|
|1940 - 1969||23.6|
|1939 or Older||0.0|
|TYPE OF Glendale HOMES|
|Small Apt. Buildings||2.8|
|SIZE OF Glendale HOMES|
|5 or more bedrooms||0.57|