Denver, NC


Highest Appreciating Denver Neighborhoods Since 2000

Denver, NC 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

Denver Housing Market Information

With 2,354 people, 929 houses or apartments, and a median cost of homes of $238,540, Denver real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Denver, accounting for 49.31% of the town's housing units. Other types of housing that are prevalent in Denver include mobile homes or trailers ( 27.77%), large apartment complexes or high rise apartments ( 14.02%), and a few row houses and other attached homes ( 8.07%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Denver. Owner-occupied housing accounts for 65.98% of Denver's homes, and 59.76% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Denver 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 Denver built between 2000 and later ( 32.36%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.56%).

Vacant housing appears to be an issue in Denver. Fully 14.85% of the housing stock is classified as vacant. Left unchecked, vacant Denver homes and apartments can be a drag on the real estate market, holding Denver 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.

Denver Home Appreciation Rates

Appreciation rates for homes in Denver have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.11%, which ranks in the top 40% nationwide. This equates to an annual average Denver house appreciation rate of 0.88%.

NeighborhoodScout's data show that during the latest twelve months, Denver's appreciation rate, at 4.11%, has been at or slightly above the national average. In the latest quarter, Denver's appreciation rate has been 1.88%, which annualizes to a rate of 7.72%.

Importantly, this makes Denver 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 North Carolina, our data show that Denver's latest annual appreciation rate is higher than 60% of the other cities and towns in North Carolina.

Average Home Values


Median Home Value:


Value Range
> $1,144,000 0.0
$858,001 - $1,144,000 0.0
$572,001 - $858,000 0.0
$458,001 - $572,000 2.1
$343,001 - $458,000 9.4
$228,001 - $343,000 45.8
$114,001 - $228,000 24.9
$57,001 - $114,000 5.2
$0 - $57,000 12.5

Very High for NC
High for Nation

Value Relative to Nation Value Relative to State
24.3642329778507 16.8784029038113

Number Of Homes And Apartments:

Denver 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
43.86% 2.13% 8 5
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,133 / per month

Homeownership Rate

Owners 65.98
Renters 34.02
Vacant 14.85

Housing Market Details


Age of Homes

2000 or Newer 32.4
1970 - 1999 55.1
1940 - 1969 12.6
1939 or Older 0.0

Types of Homes

Single-Family 49.3
Townhomes 8.1
Small Apt. Buildings 0.8
Apt. Complexes 14.0
Mobile Homes 27.8
Other 0.0

Home Size

No Bedroom 0.00
1 Bedroom 0.00
2 Bedrooms 38.50
3 Bedrooms 46.10
4 Bedrooms 13.66
5 or more bedrooms 1.74