The housing market in the Denver-Aurora-Lakewood, CO Metro Area is booming. The median value of a house in this area is currently $554,900, which is significantly higher than the US median house value of $338,100. This area has seen an impressive 11.03% increase in house values over the past year compared to the national average of 8.27%. This speaks to the strong demand for homes in this metro area and makes it an attractive option for those looking to purchase a home.
The median home cost in Denver-Aurora-Lakewood Metro Area is $554,900. Home appreciation the last 10 years has been 159.3%. Home Appreciation in Denver-Aurora-Lakewood Metro Area is up 13.6%.
Average Age of Homes
- The median age of Denver-Aurora-Lakewood Metro Area real estate is 36 years old
The Rental Market in Denver-Aurora-Lakewood Metro Area
- Renters make up 34.2% of the Denver-Aurora-Lakewood Metro Area population
- 1.7% of houses and apartments in Denver-Aurora-Lakewood Metro Area, 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.