Golden, CO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Golden, 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 Q2 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Golden Housing Market Information

With a population of 20,571, 7,411 total housing units (homes and apartments), and a median house value of $574,096, Golden house prices are not only among the most expensive in Colorado, Golden real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Golden, accounting for 47.61% of the city's housing units. Other types of housing that are prevalent in Golden include large apartment complexes or high rise apartments ( 26.78%), row houses and other attached homes ( 9.58%), and a few mobile homes or trailers ( 8.52%).

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

There is a lot of housing in Golden 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 Golden built between 1940-1969 ( 19.68%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.41%). There's also some housing in Golden built before 1939 ( 8.86%).

Golden Home Appreciation Rates

In the last 10 years, Golden has experienced some of the highest home appreciation rates of any community in the nation. Golden real estate appreciated 67.38% over the last ten years, which is an average annual home appreciation rate of 5.29%, putting Golden in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Golden 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, Golden appreciation rates have trailed the rest of the nation. In the last twelve months, Golden's appreciation rate has been 1.49%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Golden were at 1.51%, which equates to an annual appreciation rate of 6.17%.

Relative to Colorado, our data show that Golden'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 Golden differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Golden - 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 Golden real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$574,096

Golden, CO HOME PRICES

Value Range
> $1,356,000 2.3
$1,017,001 - $1,356,000 5.9
$678,001 - $1,017,000 28.1
$542,001 - $678,000 19.9
$407,001 - $542,000 20.8
$271,001 - $407,000 9.1
$135,001 - $271,000 1.7
$68,001 - $135,000 2.4
$0 - $68,000 9.8

Very High for CO
Very High for Nation

Value Relative to Nation Value Relative to State
5.26131386861314 14.7826086956522

Number Of Homes And Apartments:
7,411

Golden Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CO*
Compared To
America*
Latest Quarter:
2019 Q1 - 2019 Q2
Last 12 Months:
2018 Q2 - 2019 Q2
Last 2 Years:
2017 Q2 - 2019 Q2
Last 5 Years:
2014 Q2 - 2019 Q2
Last 10 Years:
2009 Q2 - 2019 Q2
Since 2000:
2000 Q1 - 2019 Q2
100.67% 3.64%
7
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,862 / per month

Homeownership Rate

Homeownership
Owners 47.53
Renters 52.47
Vacant 4.15

Housing Market Details

 

Age of Homes

AGE OF Golden HOMES
2000 or Newer 19.4
1970 - 1999 52.0
1940 - 1969 19.7
1939 or Older 8.9

Types of Homes

TYPE OF Golden HOMES
Single-Family 47.6
Townhomes 9.6
Small Apt. Buildings 7.4
Apt. Complexes 26.8
Mobile Homes 8.5
Other 0.1

Home Size

SIZE OF Golden HOMES
No Bedroom 2.06
1 Bedroom 14.78
2 Bedrooms 30.88
3 Bedrooms 26.72
4 Bedrooms 18.97
5 or more bedrooms 6.58