Cities with the most expensive houses in the Denver metro area

Cities with the most expensive homes in the Denver metropolitan area

Buying a home is one of the most important investments there is. Home ownership is more than just a place to live, it is an asset with tremendous potential for appreciation. Given the current situation in the real estate market affordability of housing plays a crucial role for buyers. From August 11, 2022, the 30 year fixed mortgage rate is 5.42%. Real estate prices have risen significantly as a result of generally higher mortgage interest rates. The typical home value in the United States rose +14.9% last year to $357,810.

Although real estate prices have increased across the US, there are definitely certain areas that are priced higher than others. Location, size, age and condition are all factors that contribute to the home’s value. Whether you are postponing your home buying plans in hopes that the market will cool down or looking to buy as soon as possible, it is good to learn about the market in different cities.

forklift has compiled a list of cities with the most expensive homes in Denver using data from Zilov. Cities are ranked using the Zillow Home Values ​​Index for all homes as of September 2022. The ZVHI represents a seasonally adjusted mid-market price for all homes. Data was available for 86 cities and towns in Denver. Charts for each city show monthly typical home values ​​since January 2018.

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