Best Cities For FirstTime Buyers In Colorado

Dated: 07/27/2017

Views: 267

Image title


According to recent reports from wallethub.com, a handful of Colorado cities are ideal for first-time homebuyers. In spite of high home prices (around $454,000, if you go by the latest data from the Denver Metro Association of Realtors), wallethub.com thinks there are a few neighborhoods in the area that first-time buyers should consider. Check out the rankings below!


First, how the cities were ranked. Wallethub.com, a Washington, D.C.-based financial analyst site, ranked 300 cities nationwide on their suitability for first-time homebuyers, including 13 cities in Colorado. Of those 13 Colorado communities, WalletHub ranked eight among the 50 best in the U.S. for first-time buyers, and 11 in the top 100.


The report was compiled using the following metrics:

  • Affordability, including price, insurance costs and cost of living.

  • Real-estate market, including rent-to-price ratio, housing market health, shares of homes sold in one year, median home-price appreciation and foreclosure rates.

  • Quality of life, including recreation centers, recession recovery, weather, school quality, job market and violent and property crimes.


Thornton was ranked the ninth best city in the nation for first-time buyers in the report. Thornton ranked 10th for quality of life and 21st for its real-estate market, but 122nd for affordability.

Other Colorado cities and their national rankings are included below. If you’re interested in checking out properties in any of the great communities, contact Metrowest today – we’d love to help you start the process!


#12 – Greeley

#17 – Arvada

#26 – Fort Collins

#28 – Colorado Springs

#36 – Centennial

#46 – Westminster

#48 – Denver

#57 – Pueblo

#60 – Longmont

#73 – Aurora

#102 – Lakewood

#232 – Boulder

Blog author image

Ben Leonard

Ben Alan Leonard is currently serving as a Broker Associate with Metrowest Real Estate Services. He has invested, worked and lingered in the Real Estate field for many years. Previous to working w....

Latest Blog Posts

November Sees Higher Home Prices Lower Inventory In Denver

It’s a bit of a double-edged sword in Denver for sellers. If you’re headed elsewhere, now is a great time to sell, but if you’re looking to relocate within the Denver metro area, depending on

Read More

New Apartments And Condos Heading To Sunnyside

A two-building residential complex will take shape in an industrial section of Denver's Sunnyside neighborhood, according to plans submitted to the city of Denver by Golden-based developer

Read More

Denvers Home Prices Jump 22000 In 2017

According to Zillow analysts, the average Denver home is worth $22,000 more today than it was a year ago, nearly twice the $12,500 the typical American home gained in value over the same period.

Read More

Zillow Says Denver Homes Wont Appreciate As Fast As The Rest Of US

According to a recent report from Zillow, Denver homes won't appreciate as much as the national average over the next year. Zillow estimates that nationally, homes will appreciate 3.1 percent over

Read More