Best Cities For FirstTime Buyers In Colorado

Dated: 07/27/2017

Views: 487

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

How You Can Help Your Community Through COVID19

With concerns about the Coronavirus heightening every day and information updating nearly constantly, droves of Coloradans are coming together to help their neighbors far and wide. It’s important

Read More

Denver Slips In Popularity Rankings For Commercial Real Estate Expansion

For years Denver has been considered one of the hottest markets in the country for real estate and expansions. However, at least among local commercial and real estate pros, it appears that trend

Read More

Top 4 Colorado Cities To Be A Home Seller

If you’re considering selling your home in Colorado, now might be a good time. But if you live in Denver, Arvada, Lakewood, or Aurora, it could be a great time. At least that’s according to

Read More

Im Relocating And Need To Sell My House In Denver Article

https://www.denveribuyers.com/blog/im-relocating-and-need-to-sell-my-house-in-denver/Sell your house fast with multiple offers to chose the right one and net the highest $ to you! Fast, flexible

Read More