Glenwood Springs, CO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Glenwood Springs, 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

Glenwood Springs Housing Market Information

With 9,906 people, 3,966 houses or apartments, and a median cost of homes of $402,895, real estate costs in Glenwood Springs 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 Glenwood Springs, accounting for 47.53% of the city's housing units. Other types of housing that are prevalent in Glenwood Springs include large apartment complexes or high rise apartments ( 19.63%), duplexes, homes converted to apartments or other small apartment buildings ( 17.05%), and a few row houses and other attached homes ( 13.04%).

People in Glenwood Springs primarily live in small (one, two or no bedroom) single-family detached homes. Glenwood Springs has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Glenwood Springs 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 Glenwood Springs built between 1940-1969 ( 18.94%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.46%). There's also some housing in Glenwood Springs built before 1939 ( 15.19%).

Glenwood Springs Home Appreciation Rates

Real estate appreciation rates in Glenwood Springs's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.04% during the period.

NeighborhoodScout's data show that during the latest twelve months, Glenwood Springs's appreciation rate, at 3.95%, has been at or slightly above the national average. In the latest quarter, Glenwood Springs's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

Relative to Colorado, our data show that Glenwood Springs's latest annual appreciation rate is lower than 80% of the other cities and towns in Colorado.

Average Home Values

 

Median Home Value:
$402,895

Glenwood Springs, CO HOME PRICES

Value Range
> $1,223,000 2.8
$918,001 - $1,223,000 3.4
$611,001 - $918,000 12.4
$489,001 - $611,000 14.0
$367,001 - $489,000 23.9
$244,001 - $367,000 30.7
$122,001 - $244,000 5.5
$61,001 - $122,000 2.8
$0 - $61,000 4.6

High for CO
Very High for Nation

Value Relative to Nation Value Relative to State
9.38122582913395 23.1441048034935

Number Of Homes And Apartments:
3,966

Glenwood Springs 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
55.71% 2.60% 5 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,464 / per month

Homeownership Rate

Homeownership
Owners 47.32
Renters 52.68
Vacant 5.28

Housing Market Details

 

Age of Homes

AGE OF Glenwood Springs HOMES
2000 or Newer 18.5
1970 - 1999 47.4
1940 - 1969 18.9
1939 or Older 15.2

Types of Homes

TYPE OF Glenwood Springs HOMES
Single-Family 47.5
Townhomes 13.0
Small Apt. Buildings 17.1
Apt. Complexes 19.6
Mobile Homes 2.7
Other 0.0

Home Size

SIZE OF Glenwood Springs HOMES
No Bedroom 1.77
1 Bedroom 11.34
2 Bedrooms 35.78
3 Bedrooms 33.60
4 Bedrooms 12.59
5 or more bedrooms 4.92

Popular Neighborhoods in Glenwood Springs

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Zip Codes in Glenwood Springs, CO