Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 38,106, 14,239 total housing units (homes and apartments), and a median house value of $515,247, Northglenn real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Northglenn, accounting for 59.03% of the city's housing units. Other types of housing that are prevalent in Northglenn include large apartment complexes or high rise apartments ( 27.18%), row houses and other attached homes ( 9.86%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.45%).
The most prevalent building size and type in Northglenn are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.66% owning and 41.34% renting.
There is a lot of housing in Northglenn built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Northglenn built between 1940-1969 ( 41.16%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.65%).
In the last 10 years, Northglenn has experienced some of the highest home appreciation rates of any community in the nation. Northglenn real estate appreciated 132.14% over the last ten years, which is an average annual home appreciation rate of 8.79%, putting Northglenn in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Northglenn definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Northglenn appreciation rates have trailed the rest of the nation. In the last twelve months, Northglenn's appreciation rate has been 1.39%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Northglenn were at 2.79%, which equates to an annual appreciation rate of 11.65%.
Relative to Colorado, our data show that Northglenn's latest annual appreciation rate is lower than 80% of the other cities and towns in Colorado.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Northglenn differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Northglenn - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Northglenn real estate investment or home purchase decisions.
$515,247
for Colorado
for nation
14,239
$2,896 / per month