Greeley, CO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Greeley Neighborhoods Since 2000




Greeley, 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

Greeley Housing Market Information

With a population of 100,883, 33,774 total housing units (homes and apartments), and a median house value of $211,718, Greeley real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Greeley, accounting for 59.40% of the city's housing units. Other types of housing that are prevalent in Greeley include large apartment complexes or high rise apartments ( 22.21%), duplexes, homes converted to apartments or other small apartment buildings ( 8.24%), and a few mobile homes or trailers ( 5.31%).

The most prevalent building size and type in Greeley are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 52.96% owning and 47.04% renting.

There is a lot of housing in Greeley 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 Greeley built between 2000 and later ( 21.96%). A lesser amount of the housing stock also hails from between 1940-1969 ( 21.07%). There's also some housing in Greeley built before 1939 ( 8.80%).

Greeley Home Appreciation Rates

In the last 10 years, Greeley has experienced some of the highest home appreciation rates of any community in the nation. Greeley real estate appreciated 29.85% over the last ten years, which is an average annual home appreciation rate of 2.65%, putting Greeley in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Greeley 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 Greeley that despite a nationwide downturn in the housing market, Greeley real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Greeley appreciation rates continue to be some of the highest in America, at 10.67%, which is higher than appreciation rates in 95.45% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Greeley. Greeley appreciation rates in the latest quarter were at 1.44%, which equates to an annual appreciation rate of 5.89%.

Relative to Colorado, our data show that Greeley's latest annual appreciation rate is higher than 70% 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 Greeley differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Greeley - 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 Greeley real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$211,718

Greeley, CO HOME PRICES

Value Range
> $1,399,000 0.6
$1,049,001 - $1,399,000 0.2
$699,001 - $1,049,000 1.5
$560,001 - $699,000 2.4
$420,001 - $560,000 6.3
$280,001 - $420,000 19.0
$140,001 - $280,000 47.7
$70,001 - $140,000 13.3
$0 - $70,000 9.0

Low for CO
High for Nation

Value Relative to Nation Value Relative to State
29.5089651939529 66.3755458515284

Number Of Homes And Apartments:
33,774

Greeley 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
51.45% 2.44% 4 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,262 / per month

Homeownership Rate

Homeownership
Owners 52.96
Renters 47.04
Vacant 6.17

Housing Market Details

 

Age of Homes

AGE OF Greeley HOMES
2000 or Newer 22.0
1970 - 1999 48.2
1940 - 1969 21.1
1939 or Older 8.8

Types of Homes

TYPE OF Greeley HOMES
Single-Family 59.4
Townhomes 4.8
Small Apt. Buildings 8.2
Apt. Complexes 22.2
Mobile Homes 5.3
Other 0.0

Home Size

SIZE OF Greeley HOMES
No Bedroom 2.89
1 Bedroom 9.33
2 Bedrooms 26.91
3 Bedrooms 30.88
4 Bedrooms 19.56
5 or more bedrooms 10.44