The housing market in Bonanza Mountain Estates, CO is a strong and vibrant one. The median value of homes in the area is $689,300 which is much higher than the US median house value of $338,100. This indicates a strong and growing local economy that supports high home values. Additionally, the one year house appreciation rate for Bonanza Mountain Estates, CO was 11.78%, which is more than the US 1 year house appreciation rate of 8.27%. This indicates that Bonanza Mountain Estates' homes have been increasing in value at an even faster rate than the national average. All this makes Bonanza Mountain Estates an ideal place to invest in real estate for those looking for long term stability and growth potential.
The median home cost in Bonanza Mountain Estates is $689,300. Home appreciation the last 10 years has been 147.2%. Home Appreciation in Bonanza Mountain Estates is up 16.7%.
Average Age of Homes
- The median age of Bonanza Mountain Estates real estate is 31 years old
The Rental Market in Bonanza Mountain Estates
- Renters make up 0.0% of the Bonanza Mountain Estates population
- 0.0% of houses and apartments in Bonanza Mountain Estates, 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.