The housing market in Westminster, CO is thriving. At an average median value of $517,400, it’s well above the US house median value of $338,100. Despite the already high price tag, the appreciation rate for homes in the area is 7.36%—just slightly below the US average of 8.27%. This makes Westminster a desirable place to invest in real estate as value can be expected to increase over time.
The median home cost in Westminster is $517,400. Home appreciation the last 10 years has been 171.1%. Home Appreciation in Westminster is up 13.8%.
Average Age of Homes
- The median age of Westminster real estate is 33 years old
The Rental Market in Westminster
- Renters make up 34.3% of the Westminster population
- 1.7% of houses and apartments in Westminster, 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.