Northglenn, Colorado Housing Market Prices
Updated
Northglenn 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 6% below the Colorado median$457,042
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Median rent 2% below the Colorado median$1,728
Housing Market Overview
| Metric | Northglenn | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $457,042 | $484,034 | $248,835 |
| Price Trend (Annual %) | 5.0% | 10.4% | 7.5% |
| Median Gross Rent | $1,728 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 5.9% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Northglenn is about 6% lower than in Colorado. Rent is about 2% lower 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 Northglenn, up about 5.0% and 5.9% a year respectively. Rent is changing faster.
Median rent in Northglenn rose about 64.8% between 2015 and 2024, from $1,048 to $1,728. Over the same span, rent in Colorado rose about 75.6%.
Affordability
On average, housing unit costs 5.4 yearly household incomes in Northglenn.
Buying the median-priced home in Northglenn costs roughly 22.0 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 Northglenn. The price-to-rent ratio in Colorado is about 22.9.
| Metric | Northglenn | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $457,042 | $484,034 | $248,835 |
| Median Household Income | $84,054 | $95,803 | $80,455 |
| Price-to-Income Ratio | 5.4 | 5.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Northglenn rose about 193.4%, while median household income rose about 44.1% 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 | Northglenn | Colorado Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 56.0% | 60.7% | 58.5% |
| Rental Rate | 40.9% | 31.0% | 31.2% |
| Vacancy Rate | 3.0% | 8.3% | 10.2% |
| Median Tenure (years) | 13.0 | 13.0 | 15.0 |
| Median Year Moved In | 2013 | 2013 | 2011 |
Northglenn has a homeownership rate of 56.0%, lower than the Colorado average of 60.7%. Its housing vacancy rate is 3.0%, compared with 8.3% in Colorado.
Housing Stock
| Metric | Northglenn | Colorado Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.55 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1979 | 1985 | 1978 |
| Median Number of Rooms | 5.7 | 5.7 | 5.5 |
The typical housing unit in Northglenn was built around 1979. On average, 2.5 people live in a home with about 5.7 rooms, staying for about 13.0 years on average.
Northglenn, CO Housing Compared With Nearby Cities
How Northglenn, CO compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Northglenn, CO | 36,757 | $457,042 #2/2 | $1,728 #2/2 | 57.8% #2/2 |
| Thornton, CO | 134,665 | $468,368 | $1,901 | 70.7% |
Frequently Asked Questions
Common questions about the housing market in Northglenn, Colorado.
What is the median home price in Northglenn, Colorado?
The median home price in Northglenn, Colorado is $457,042, lower than the Colorado average of $484,034.
What is the average home price in Northglenn, Colorado?
The typical home price in Northglenn, Colorado, reported as the median sale price, is $457,042. 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 Northglenn, Colorado?
The median gross rent in Northglenn, Colorado is $1,728 per month, lower than the Colorado average of $1,761.
What was the median gross rent in Northglenn in 2020?
In 2020, the median gross rent in Northglenn, Colorado was $1,352 per month.
What is the price-to-rent ratio in Northglenn, Colorado?
The price-to-rent ratio in Northglenn, Colorado is about 22.0, meaning it would take roughly 22.0 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 Northglenn.
Are home prices or rent rising faster in Northglenn, Colorado?
Both home prices and rent are rising in Northglenn, up about 5.0% and 5.9% a year respectively. Rent is changing faster.
What is the homeownership rate in Northglenn, Colorado?
56.0% of households in Northglenn, Colorado own their home, lower than the Colorado average of 60.7%.
What is the vacancy rate in Northglenn, Colorado?
The housing vacancy rate in Northglenn, Colorado is 3.0%, lower than the Colorado average of 8.3%.
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