Home Values Growing In These Denver Neighborhoods

Dated: 02/02/2017

Views: 2047

Image title

Last week we told you about the up and coming Greenfield neighborhood in Denver, a southeast suburb known for great amenities like community pool, hiking trails and more. But what other Denver neighborhoods should you be on the lookout for? Here’s we’ll give you the rundown of where home values are growing the fastest and strongest.


According to real estate site, Zillow, the following will be the Denver area's fastest appreciating neighborhoods in 2017:


1. City Center North (in Aurora) – 8.8 percent forecasted home value growth;
2. Centretech (in Aurora) – 8.7 percent forecasted home value growth;
3. Elyria-Swansea (in Denver) – 8.6 percent forecasted home value growth;
4. Globeville (in Denver) – 8 percent forecasted home value growth;
5. Westwood (in Denver) – 7.6 percent forecasted home value growth.


Exactly what is fueling the rapid expansion and growth in the Mile High City? And why is Denver listed among the top ten hottest real estate U.S. markets for 2017? Experts at Zillow said it used the following variables to come to their conclusions:


*Zillow’s Home Value Forecast

*Recent income growth

*Current unemployment rate


According to data from Zillow, Denver area homes are expected to appreciate 3.6 percent in 2017, which falls above the national average of 3 percent.


Home sales prices in Denver are already quite strong. According to the Denver Business Journal, year-to-date average sale price for all kinds of homes combined in 2016 in metro Denver was $399,576, an increase of 10 percent over 2015, while the median was $349,900, which is a year-over-year increase 11 percent.

Blog author image

Andy Potarf

Andy Potarf is a native of Denver and a graduate of Colorado State University. He works with first time homebuyers needing help getting prequalified all the way up to and including seasoned invest....

Latest Blog Posts

Denver Market Sees Cool Down In September

According to a recent report from the Denver Metro Association of Realtors (DMAR), Denver metro home inventory is up 7 percent from last month, and more than 16 percent year over year. That’s

Read More

Denver Sellers Market Shifting To Buyers

Housing inventory continues to be in an issue in Denver, which often puts sellers at an advantage. As inventory numbers are slowly creeping up in the Mile High City, industry pros are seeing

Read More

What Colorado Zip Code Is Second Hottest In The Nation

According to Realtor.com, our very own Colorado Springs came in second on the “2018 Top 10 Hottest ZIP Codes” list. The rankings come from an analysis of 32,000 ZIP codes, based on the time it

Read More

Broomfield And Highlands Ranch Make Best Place To Live In America List

Two of Denver’s suburbs made the "Best Places to live in America" list, compiled by Money magazine and Realtor.com. Highlands Ranch came in at #8, while Broomfield took the #18 spot.According to

Read More