Advertisement
Canada markets closed
  • S&P/TSX

    22,059.03
    -184.99 (-0.83%)
     
  • S&P 500

    5,567.19
    +30.17 (+0.54%)
     
  • DOW

    39,375.87
    +67.87 (+0.17%)
     
  • CAD/USD

    0.7332
    -0.0015 (-0.20%)
     
  • CRUDE OIL

    83.44
    -0.44 (-0.52%)
     
  • Bitcoin CAD

    79,522.20
    +2,005.94 (+2.59%)
     
  • CMC Crypto 200

    1,209.31
    +0.62 (+0.05%)
     
  • GOLD FUTURES

    2,399.80
    +30.40 (+1.28%)
     
  • RUSSELL 2000

    2,026.73
    -9.90 (-0.49%)
     
  • 10-Yr Bond

    4.2720
    -0.0830 (-1.91%)
     
  • NASDAQ

    18,352.76
    +164.46 (+0.90%)
     
  • VOLATILITY

    12.48
    +0.22 (+1.79%)
     
  • FTSE

    8,203.93
    -37.33 (-0.45%)
     
  • NIKKEI 225

    40,912.37
    -1.28 (-0.00%)
     
  • CAD/EUR

    0.6762
    -0.0030 (-0.44%)
     

8 Colorado Cities Where Home Prices Are Skyrocketing

Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

Colorado is now home to the seventh-highest home prices in the U.S., with home prices in the state averaging 17% above the national average, according to moveBuddha.

Stimulus Checks: Mark These Dates on Your Calendar Now
Find Out: Should You Still Buy a Home in Today’s Market?

The rise in home prices is tied to an increase in population in many cases, with home prices rising over 30% over the past two years in some of the fastest-growing cities in the state. Here’s a look at what those cities are, as identified by moveBuddha.

1. Pueblo, Colorado

  • Average home value in 2020: $212,006

  • Average home value in 2022: $312,597

  • Percent increase: 32.2%

2. Colorado Springs, Colorado

  • Average home value in 2020: $341,096

  • Average home value in 2022: $502,041

  • Percent increase: 32.1%

ADVERTISEMENT

Take Our Poll: Do You Believe in Quiet Quitting?

3. Castle Rock, Colorado

  • Average home value in 2020: $508,096

  • Average home value in 2022: $739,174

  • Percent increase: 31.3%

4. Rye, Colorado

  • Average home value in 2020: $234,396

  • Average home value in 2022: $339,310

  • Percent increase: 30.9%

5. Parker, Colorado

  • Average home value in 2020: $537,055

  • Average home value in 2022: $775,150

  • Percent increase: 30.7%

6. Erie, Colorado

  • Average home value in 2020: $574,158

  • Average home value in 2022: $823,060

  • Percent increase: 30.2%

7. Lone Tree, Colorado

  • Average home value in 2020: $766,468

  • Average home value in 2022: $1,097,521

  • Percent increase: 30.2%

8. Commerce City, Colorado

  • Average home value in 2020: $398,698

  • Average home value in 2022: $570,496

  • Percent increase: 30.1%

More From GOBankingRates

All data is sourced from moveBuddha’s 2021-2022 Colorado Migration Report and is accurate as of Sept. 26, 2022.

This article originally appeared on GOBankingRates.com: 8 Colorado Cities Where Home Prices Are Skyrocketing