The housing market in the Glenwood Springs, CO Metro Area is a thriving one. The median value of homes in this area is $909,300, far above the national average of $338,100. In addition, over the past year the appreciation rate for homes in this metro area has been 12.15%, whereas the US average was 8.27%. This indicates that Glenwood Springs is an attractive option for those looking to invest in real estate and shows that this metropolitan area remains highly sought after.
The median home cost in Glenwood Springs Metro Area is $909,300. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Glenwood Springs Metro Area is up 19.7%.
Average Age of Homes
- The median age of Glenwood Springs Metro Area real estate is 28 years old
The Rental Market in Glenwood Springs Metro Area
- Renters make up 26.0% of the Glenwood Springs Metro Area population
- 2.8% of houses and apartments in Glenwood Springs 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.