Parker, CO


Highest Appreciating Parker Neighborhoods Since 2000

Parker, CO Real Estate Data

Parker Housing Market Information

With a population of 49,550, 16,282 total housing units (homes and apartments), and a median house value of $435,241, real estate costs in Parker 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 Parker, accounting for 77.55% of the town's housing units. Other types of housing that are prevalent in Parker include large apartment complexes or high rise apartments ( 16.55%), row houses and other attached homes ( 4.68%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.22%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Parker. Owner-occupied housing accounts for 79.59% of Parker's homes, and 66.16% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Parker 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 Parker built between 2000 and later ( 43.75%). A lesser amount of the housing stock also hails from between 1940-1969 ( 1.40%).

Parker Home Appreciation Rates

In the last 10 years, Parker has experienced some of the highest home appreciation rates of any community in the nation. Parker real estate appreciated 31.61% over the last ten years, which is an average annual home appreciation rate of 2.78%, putting Parker in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Parker 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 Parker that despite a nationwide downturn in the housing market, Parker real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Parker appreciation rates continue to be some of the highest in America, at 9.24%, which is higher than appreciation rates in 96.24% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Parker. Parker appreciation rates in the latest quarter were at 3.81%, which equates to an annual appreciation rate of 16.13%.

Importantly, this makes Parker 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 Parker's latest annual appreciation rate is higher than 80% 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 town. Individual neighborhoods within Parker differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Parker - 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 Parker real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,407,000 0.9
$1,055,001 - $1,407,000 1.0
$703,001 - $1,055,000 5.2
$563,001 - $703,000 13.8
$422,001 - $563,000 30.7
$281,001 - $422,000 36.0
$140,001 - $281,000 10.7
$70,001 - $140,000 0.8
$0 - $70,000 0.8

High for CO
Very High for Nation

Value Relative to Nation Value Relative to State
8.13960297476138 20.5240174672489

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$2,118 / per month

Homeownership Rate

Owners 79.59
Renters 20.41
Vacant 4.05

Housing Market Details


Age of Homes

2000 or Newer 43.8
1970 - 1999 54.4
1940 - 1969 1.4
1939 or Older 0.5

Types of Homes

Single-Family 77.5
Townhomes 4.7
Small Apt. Buildings 1.2
Apt. Complexes 16.6
Mobile Homes 0.0
Other 0.0

Home Size

No Bedroom 0.18
1 Bedroom 6.85
2 Bedrooms 15.66
3 Bedrooms 34.83
4 Bedrooms 31.33
5 or more bedrooms 11.15

Parker Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
56.87% 2.68% 6 7
* 10 is highest