Monument, CO


Highest Appreciating Monument Neighborhoods Since 2000

Monument, 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

Monument Housing Market Information

With a population of 6,420, 1,909 total housing units (homes and apartments), and a median house value of $521,783, Monument house prices are not only among the most expensive in Colorado, Monument real estate also is some of the most expensive in all of America.

Monument is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Monument than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Monument. Owner-occupied housing accounts for 81.46% of Monument's homes, and 72.38% have either three or four bedrooms, which is average sized relative to America.

Monument homes and real estate are some of the newest in America. 58.40% of Monument's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Monument real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 37.13%), and between 1940-1969 ( 4.46%).

Monument Home Appreciation Rates

Appreciation rates for homes in Monument have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 10.46%, which ranks in the top 30% nationwide. This equates to an annual average Monument house appreciation rate of 1.00%.

Appreciation rates are so strong in Monument that despite a nationwide downturn in the housing market, Monument real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Monument appreciation rates continue to be some of the highest in America, at 9.17%, which is higher than appreciation rates in 91.29% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Monument. Monument appreciation rates in the latest quarter were at 2.94%, which equates to an annual appreciation rate of 12.30%.

Importantly, this makes Monument 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 Monument's latest annual appreciation rate is higher than 60% of the other cities and towns in Colorado.

Average Home Values


Median Home Value:


Value Range
> $1,199,000 1.1
$900,001 - $1,199,000 5.4
$600,001 - $900,000 20.4
$479,001 - $600,000 15.4
$360,001 - $479,000 28.6
$240,001 - $360,000 17.1
$120,001 - $240,000 8.6
$60,001 - $120,000 0.0
$0 - $60,000 3.5

Very High for CO
Very High for Nation

Value Relative to Nation Value Relative to State
5.34395874838861 13.1004366812227

Number Of Homes And Apartments:

Monument Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
47.97% 2.30% 3 6
* 10 is highest

Rent & Ownership


Average Market Rent:
$2,189 / per month

Homeownership Rate

Owners 81.46
Renters 18.54
Vacant 5.35

Housing Market Details


Age of Homes

2000 or Newer 58.4
1970 - 1999 37.1
1940 - 1969 4.5
1939 or Older 0.0

Types of Homes

Single-Family 88.2
Townhomes 3.1
Small Apt. Buildings 1.3
Apt. Complexes 2.2
Mobile Homes 5.1
Other 0.0

Home Size

No Bedroom 0.64
1 Bedroom 0.64
2 Bedrooms 8.08
3 Bedrooms 28.06
4 Bedrooms 44.32
5 or more bedrooms 18.24

Popular Neighborhoods in Monument

Zip Codes in Monument, CO