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 748 people, 304 houses or apartments, and a median cost of homes of $324,076, real estate costs in Kiowa 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 Kiowa, accounting for 59.59% of the town's housing units. Other types of housing that are prevalent in Kiowa include mobile homes or trailers ( 30.38%), duplexes, homes converted to apartments or other small apartment buildings ( 5.60%), and a few large apartment complexes or high rise apartments ( 2.95%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kiowa. Owner-occupied housing accounts for 79.60% of Kiowa's homes, and 66.67% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Kiowa 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 Kiowa built between 2000 and later ( 21.24%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.06%). There's also some housing in Kiowa built before 1939 ( 10.03%).
Vacant housing appears to be an issue in Kiowa. Fully 10.32% of the housing stock is classified as vacant. Left unchecked, vacant Kiowa homes and apartments can be a drag on the real estate market, holding Kiowa real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
In the last 10 years, Kiowa has experienced some of the highest home appreciation rates of any community in the nation. Kiowa real estate appreciated 15.33% over the last ten years, which is an average annual home appreciation rate of 1.44%, putting Kiowa in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Kiowa 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 Kiowa that despite a nationwide downturn in the housing market, Kiowa real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Kiowa appreciation rates continue to be some of the highest in America, at 11.63%, which is higher than appreciation rates in 96.93% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Kiowa. Kiowa appreciation rates in the latest quarter were at 2.55%, which equates to an annual appreciation rate of 10.59%.
Importantly, this makes Kiowa one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Colorado, our data show that Kiowa's latest annual appreciation rate is higher than 80% of the other cities and towns in Colorado.
|$975,001 - $1,299,000||3.0|
|$650,001 - $975,000||7.9|
|$520,001 - $650,000||10.2|
|$390,001 - $520,000||18.9|
|$260,001 - $390,000||24.2|
|$130,001 - $260,000||22.5|
|$65,001 - $130,000||4.1|
|$0 - $65,000||7.1|
|Value Relative to Nation||Value Relative to State|
|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 Kiowa HOMES|
|2000 or Newer||21.2|
|1970 - 1999||48.7|
|1940 - 1969||20.1|
|1939 or Older||10.0|
|TYPE OF Kiowa HOMES|
|Small Apt. Buildings||5.6|
|SIZE OF Kiowa HOMES|
|5 or more bedrooms||2.65|