Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$350,000
$1,795

Housing Market Overview

Metric Four Square Mile Colorado Avg US Average
Median Home Price $350,000 $480,058 $242,182
Price Trend (Annual %) 9.1% 11.8% 8.2%
Median Gross Rent $1,795 $1,692 $1,342
Rent Trend (Annual %) 7.8% 7.0% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Four Square Mile
Colorado
United States
Year Four Square Mile Colorado United States
Median Rent Over Time
Four Square Mile
Colorado
United States
Year Four Square Mile Colorado United States

Affordability

On average, housing unit costs 4.8 yearly household incomes in Four Square Mile.

Metric Four Square Mile Colorado Avg US Average
Median Home Price $350,000 $480,058 $242,182
Median Household Income $72,574 $93,055 $78,145
Price-to-Income Ratio 4.8 5.2 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Four Square Mile Colorado Avg US Average
Homeownership Rate 22.2% 60.6% 58.2%
Rental Rate 68.2% 30.8% 31.3%
Vacancy Rate 9.6% 8.6% 10.6%
Median Tenure (years) 8.0 13.0 15.0
Median Year Moved In 2018 2013 2011

Housing Stock

Metric Four Square Mile Colorado Avg US Average
Average Household Size 2.25 people 2.45 people 2.54 people
Median Structure Built Year 1992 1984 1978
Median Number of Rooms 3.8 5.7 5.5