Longmont, CO is experiencing a housing boom with the median value of homes reaching $535,800. This is almost double the US House Median Value of $338,100. In addition, Longmont has seen an impressive house appreciation rate of 9.56% compared to the US average of 8.27%. This increased rate indicates that the housing market in Longmont is becoming increasingly desirable and is offering potential homebuyers a good opportunity for investment.
The median home cost in Longmont is $535,800. Home appreciation the last 10 years has been 143.1%. Home Appreciation in Longmont is up 16.0%.
Average Age of Homes
- The median age of Longmont real estate is 33 years old
The Rental Market in Longmont
- Renters make up 36.7% of the Longmont population
- 1.9% of houses and apartments in Longmont, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.