Vail, CO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Vail Neighborhoods Since 2000




Vail, 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

Vail Housing Market Information

With 5,461 people, 2,380 houses or apartments, and a median cost of homes of $812,994, Vail house prices are not only among the most expensive in Colorado, Vail real estate also is some of the most expensive in all of America.

Large apartment complexes or high rise apartments are the single most common housing type in Vail, accounting for 51.87% of the town's housing units. Other types of housing that are prevalent in Vail include row houses and other attached homes ( 22.28%), single-family detached homes ( 15.78%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.75%). Towns that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of towns are often walkable and compact, and often have a lively downtown.

The most prevalent building size and type in Vail are three and four bedroom dwellings. The town has a mixture of owners and renters, with 61.52% owning and 38.48% renting.

There is a lot of housing in Vail 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 Vail built between 1940-1969 ( 10.79%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.15%).

A decent proportion of the Vail housing stock is seasonally occupied. That is, homes and condos in Vail are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Vail housing market speaks to its popularity as a vacation location of choice.

Vail Home Appreciation Rates

Real estate appreciation rates in Vail's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.55% during the period.

NeighborhoodScout's data show that during the latest twelve months, Vail's appreciation rate, at 3.62%, has been at or slightly above the national average. In the latest quarter, Vail's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

Relative to Colorado, our data show that Vail's latest annual appreciation rate is lower than 80% of the other cities and towns in Colorado.

Average Home Values

 

Median Home Value:
$812,994

Vail, CO HOME PRICES

Value Range
> $1,141,000 26.1
$856,001 - $1,141,000 17.9
$571,001 - $856,000 13.6
$456,001 - $571,000 11.5
$342,001 - $456,000 4.5
$228,001 - $342,000 10.1
$114,001 - $228,000 13.4
$57,001 - $114,000 0.6
$0 - $57,000 2.4

Very High for CO
Very High for Nation

Value Relative to Nation Value Relative to State
1.8340560178132 3.05676855895197

Number Of Homes And Apartments:
2,380

Vail 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
30.57% 1.56% 1 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,539 / per month

Homeownership Rate

Homeownership
Owners 61.52
Renters 38.48
Vacant 66.82

Housing Market Details

 

Age of Homes

AGE OF Vail HOMES
2000 or Newer 10.2
1970 - 1999 78.8
1940 - 1969 10.8
1939 or Older 0.3

Types of Homes

TYPE OF Vail HOMES
Single-Family 15.8
Townhomes 22.3
Small Apt. Buildings 9.7
Apt. Complexes 51.9
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Vail HOMES
No Bedroom 2.93
1 Bedroom 10.00
2 Bedrooms 32.39
3 Bedrooms 35.90
4 Bedrooms 10.16
5 or more bedrooms 8.62

Zip Codes in Vail, CO