Broomfield County, Colorado Housing Market Prices
Broomfield County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 42% above the Colorado median More expensive than 86% of counties in Colorado$685,833
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Median rent 21% above the Colorado median Among the 3 most expensive counties in Colorado$2,126
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Broomfield County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $685,833 | $484,034 | $248,835 |
| Price Trend (Annual %) | 20.3% | 10.4% | 7.5% |
| Median Gross Rent | $2,126 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 5.2% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Broomfield County is about 42% higher than in Colorado. Rent is about 21% higher than the Colorado average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Broomfield County, up about 20.3% and 5.2% a year respectively. Home prices are changing faster.
Median rent in Broomfield County rose about 59.2% between 2015 and 2024, from $1,335 to $2,126. Over the same span, rent in Colorado rose about 75.6%.
Affordability
On average, housing unit costs 5.5 yearly household incomes in Broomfield County.
Buying the median-priced home in Broomfield County costs roughly 26.9 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Broomfield County. The price-to-rent ratio in Colorado is about 22.9.
| Metric | Broomfield County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $685,833 | $484,034 | $248,835 |
| Median Household Income | $123,906 | $95,803 | $80,455 |
| Price-to-Income Ratio | 5.5 | 5.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Broomfield County rose about 197.5%, while median household income rose about 41.7% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Broomfield County | Colorado Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.0% | 60.7% | 58.5% |
| Rental Rate | 35.6% | 31.0% | 31.2% |
| Vacancy Rate | 4.3% | 8.3% | 10.2% |
| Median Tenure (years) | 13.0 | 13.0 | 15.0 |
| Median Year Moved In | 2013 | 2013 | 2011 |
Broomfield County has a homeownership rate of 60.0%, lower than the Colorado average of 60.7%. Its housing vacancy rate is 4.3%, compared with 8.3% in Colorado.
Housing Stock
| Metric | Broomfield County | Colorado Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.39 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1987 | 1985 | 1978 |
| Median Number of Rooms | 6.0 | 5.7 | 5.5 |
The typical housing unit in Broomfield County was built around 1987. On average, 2.4 people live in a home with about 6.0 rooms, staying for about 13.0 years on average.
Broomfield County, CO Housing Compared With Nearby Counties
Broomfield County, CO is the smallest of the 5 counties compared here, 76,305 residents against a local median of 478,243. Nothing separates Broomfield County, CO sharply from the counties around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is median home price, 12% above the local median at $685,833 against $610,646. Broomfield County, CO has the 2nd highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Broomfield County, CO | 76,305 | $685,833 #2/5 | $2,126 #2/5 | 62.7% #3/5 |
| Denver County, CO | 718,150 | $618,408 | $1,831 | 48.8% |
| Boulder County, CO | 328,961 | $602,884 | $1,965 | 62.0% |
| Jefferson County, CO | 579,346 | $591,210 | $1,861 | 70.7% |
| Douglas County, CO | 377,140 | $701,148 | $2,192 | 77.4% |
Frequently Asked Questions
Common questions about the housing market in Broomfield County, Colorado.
What is the median home price in Broomfield County, Colorado?
The median home price in Broomfield County, Colorado is $685,833, higher than the Colorado average of $484,034.
What is the average home price in Broomfield County, Colorado?
The typical home price in Broomfield County, Colorado, reported as the median sale price, is $685,833. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Broomfield County, Colorado?
The median gross rent in Broomfield County, Colorado is $2,126 per month, higher than the Colorado average of $1,761.
What was the median gross rent in Broomfield County in 2020?
In 2020, the median gross rent in Broomfield County, Colorado was $1,710 per month.
What is the price-to-rent ratio in Broomfield County, Colorado?
The price-to-rent ratio in Broomfield County, Colorado is about 26.9, meaning it would take roughly 26.9 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Broomfield County.
Are home prices or rent rising faster in Broomfield County, Colorado?
Both home prices and rent are rising in Broomfield County, up about 20.3% and 5.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Broomfield County, Colorado?
60.0% of households in Broomfield County, Colorado own their home, lower than the Colorado average of 60.7%.
What is the vacancy rate in Broomfield County, Colorado?
The housing vacancy rate in Broomfield County, Colorado is 4.3%, lower than the Colorado average of 8.3%.
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