Northglenn, Colorado Real Estate & Housing Market

Northglenn, CO Listings

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Northglenn Housing Information

Index	Northglenn	Colorado	National
Median home price	$201,400	$264,600	$184,700
Median rent asked	$1,098	$1,057	$949
Avg. people per household	2.7	2.5	2.6
Owner occupied households	57.3%	64.4%	63.6%
Renter occupied households	42.7%	35.6%	36.4%

A general summary of the real estate market in Northglenn, CO is listed above. Properties in Northglenn, CO average a cost of $201,400, which is 24% lower than the median home price for real estate located in Colorado. This means that the region of Northglenn, CO is, on average, more affordable when compared to the remainder of Colorado. Since tenants living in Northglenn, CO will pay an average of $1,098, the median rental cost is 4% higher than in Colorado. 57.3% of people in Northglenn, CO own their own homes, and an average of 2.7 people inhabit each property. Northglenn, CO has many assorted real estate listings available. These range from urban townhouses to inexpensive condos to luxurious residences. We make finding homes for sale and browsing real estate listings effortless. Simply use the search function above, and obtain filtered results according to price, location, bathrooms and bedrooms.

Northglenn Home Affordability

When starting your search for real estate in Northglenn, CO, it is crucial to consider home affordability. When calculating home affordability, the ratio of home price to median household income is one of the methods that is applicable in doing so. On average, a home in Northglenn, CO costs $201,400 while each household has an average income of $59,188. Consequently, the ratio of home price to household income is 3.4x; this ratio is 20% lower than the average in Colorado. Calculating the home affordability ratio involves dividing the average price of a home by the average income of homes in Northglenn, CO. When the ratio of home price to income is relatively low, the implication is that homes are more affordable on the basis of the home price in comparison with the home income. Note that besides home price to median household income ratio, there are various other factors to put into consideration when determining if home affordability exists. Check the home affordability calculator shown below to calculate how much you can afford to pay for real estate in Northglenn, CO.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Leyner, CO	27	$0	100%
Lakeside, CO	10	$0	100%
Glendale CDP, CO	78	$0	100%
Blue Sky, CO	15	$0	100%
Federal Heights, CO	12,173	$42,200	77%
Northglenn, CO	38,128	$201,400	9%

Cities with similar population

City, State	Population	Home Price	National Avg.
The Acreage, FL	38,103	$232,300	26%
Westerville, OH	38,089	$207,900	13%
Muskegon, MI	38,086	$64,000	65%
Lake Oswego, OR	38,065	$508,500	175%
Florence, SC	38,221	$155,700	16%
Northglenn, CO	38,128	$201,400	9%

Source: The Northglenn, CO housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).