Neighborhood Spotlight Northglenn

Dated: 10/06/2016

Views: 456

Image title

Thanks to its location, millennial buyers and increasing affordability, the suburb of Northglenn is gaining national attention. According to the Denver Business Journal, last week named 80233 – the zip code covering the original Northglenn neighborhoods —  one of the 20 most popular housing markets in the U.S. this year.

Coming in third behind suburbs in the Fort Worth, Texas and Pleasant Hill, California areas, Northglenn has homes selling in as little as just 11 days, according to the report. Sales have slowed a bit from last year; however, according to the analysis on, that’s still 20 days faster than Adams County, 29 days faster than Denver metro area and 67 days faster than the U.S. average.

Experts attribute much of the growth in Northglenn to large millennial populations, a strong job market and the opportunity to purchase into otherwise expensive housing markets. Affordability seems to be key in the increased interest in Northglenn, as buyers can find a larger inventory of homes under $300,000. Parts of Thornton are also included in 80233, where buyers can find median list price is of $278,000, compared with $477,000 for the overall metro Denver area. According to the report, millennials are the dominant homebuyer in the area, making up 36 percent of mortgages.

Coming in just behind Northglenn is the Colorado Springs zip code of 80916, which ranked No. 4, with a median price of $178,000 and listings remaining active for about 17 days.

Ready to start checking out homes in these exciting areas? Contact Metrowest today – we’d love to show you around!

Latest Blog Posts

Denver Housing Market Sets Records In May

The housing market doesn’t show any signs of cooling in the Mile High City as, to the dismay of many buyers, we set two records last month: record-high home prices and record low average days on

Read More

How Long Does It Take To Close On A Denver Home

In the Mile High City, taking a home from listing to the closing table happens, on average, in as little as 41 days. According to Trulia, that’s one of the shortest turnaround times in the country

Read More

Denvers Hottest Neighborhoods

Denver’s real estate market isn’t showing any signs of slowing down as buyers quickly gobble up available properties nearly as soon as they’re listed. But what are the most popular

Read More

April Saw A Jump In Home Prices And Inventory

According to recent data from the Denver Metro Association of Realtors, the median price of residential properties – both detached single-family homes and condos – rose to $417,000 in April.

Read More