Sunday, January 19, 2020

Highlands Ranch Housing Market: House Prices & Trends

I have lived in Highlands Ranch since 2005, and I moved to the community to raise my son as a single mother. Beware, the average income level for people living in this area in 2013 was $108,218 which I am sure has gone way up. The average home costs $341,100 in 2013 which has gone up to around $390K. There are tons of trails, parks, dining and easy access to the highway. On C-470 you can go 50 minutes East to Denver International Airport, or 50 minutes West to Blackhawk, CO., where there is gambling like a mini Las Vegas nestled in the mountains.

The average homes sell for about 1% below list price and go pending in around 22 days. SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research. We measure the average annual increase or decrease in unemployment in the neighborhood over the most recent 5 years.

New Listings in Highlands Ranch

The length of the bars indicate the percentage of neighborhoods in America that this neighborhood is more Urbane than, more Hip than, more Quiet than, more Nautical than, more Walkable than. Median home value is the value which has equal numbers of homes valued above and below it. The median home value is more stable than the average home value, which can be greatly affected by a few very high or very low home values. Here most residents (80.6%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (5.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

average home price in highlands ranch co

Healthcare in Highlands Ranch is 0% higher than the national average. Fire risk estimates the risk of wildfires, based on the likelihood of burning in the future and the potential size and severity of a fire. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Schools That Serve This Neighborhood

Those are adorable patio style homes in a smaller, nice, quiet community that has it's own pool. For anyone 55+ there is an amazing retirement community that I recommend checking out called "WindCrest by Erickson Living." That place is an upscale community that resembles a 5 star resort in every way. The average cost of living there is around $1,681.00 a month for seniors. There is a large Lake very close to Highlands Ranch called Chatfield Lake where you can take your boat out on the water.

average home price in highlands ranch co

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. Highlands Ranch real estate is primarily made up of medium sized to large single-family homes and townhomes.

Scout Vision® Neighborhood Trends and Forecasts

(At least 7.5% more expensive per square foot than other neighborhoods nearby). (At least 17.5% more expensive per square foot than other neighborhoods nearby). Know how good the public schools are before you buy a home, invest, or relocate. The percentage of adults aged 25 and older that have attained at least a 4 year college degree like a BA. Each neighborhood has a different mix of occupations represented, and together these help you understand the area’s character.

average home price in highlands ranch co

NeighborhoodScout reveals the home value trends and appreciation rates for every state, city, town, neighborhood, and micro-neighborhood in America. It is well known that the quality of education provided by public schools varies greatly from school district to school district, and from city to city. Still further, the quality of a child's education can vary significantly from neighborhood to neighborhood within any city or town.

Highlands Ranch Key Takeaways

Visit our Seller Resource Center, backed by top agents, data analysis, and rigorous research. The current median home price in Highlands Ranch is $0, up 0.0% from December 2021. Drought risk is based on water stress, which estimates how much of the future water supply will be used for human purposes, like watering the lawn. Click on the risks below to learn which exist in Highlands Ranch today and how they’ll change by 2050.

average home price in highlands ranch co

We measure the average annual increase or decrease in per capita income in the neighborhood over the most recent 5 years. Rates the quality of all K-12 public schools that serve this neighborhood. NeighborhoodScout® provides exclusive crime risk analytics for every neighborhood in America with up to 98% predictive accuracy. Crime risk indices are nationally comparable on a 1 – 100 scale, where 100 means safer than 100% of U.S. neighborhoods. The neighbors in the Highlands Ranch neighborhood in Littleton are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 93.6% of the neighborhoods in America.

Denver-Aurora-Lakewood, CO Metro Area

The average annual change in the vacancy rate in the neighborhood during the latest five years. Trend is based on the percentage of properties that are vacant year round. The proportion of homes and apartments in the neighborhood built within a certain time period. The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families.

average home price in highlands ranch co

The minimum salary you need to live in Highlands Ranch is the sum of your daily expenses , your monthly housing-related costs , any debt expenses , as well as your savings and investment goals. Total monthly expenditure you can expect to incur depends on the cost of housing, food, utilities, transportation, healthcare, other miscellaneous goods and services. Note that your household composition and home ownership status (renting vs. owning) might affect your monthly expenses. (At least 20% less expensive per square foot than other neighborhoods nearby). (At least 10% less expensive per square foot than other neighborhoods nearby).

Crime

Flood risk in Highlands Ranch is increasing slower than the national average. The Outdoors rating shows the apartment listings on ApartmentHomeLiving.com with the top amenities and features for renters who love the outdoor lifestyle. The information contained in this publication is subject to change without notice. The median home price in Highlands Ranch is $927,500 with a median price per sqft of $229. The percentage of adults aged 25 and older that have attained a graduate or professional degree above and beyond a 4 year degree, like an MA, MD, JD, MBA or PhD.

These range from smaller diners and cafes, burger and beer joints to pizza restaurants, family friendly restaurants, and a variety of ethnic restaurants. Highlands Ranch is unique in maintaining its independence as an unincorporated city area managed by an association, the Highlands Ranch Community Association, rather than an elected government. Because of its location on C-470, a major highway in the area, there is easy access to other nearby metropolitan areas and Denver. This highway access creates a traffic corridor west to and through the Rockies, and south to Colorado Springs. Housing is generally the biggest monthly cost that you would need to account for. The average rent in Highlands Ranch (located in Denver-Aurora-Lakewood Metro) metro area for a 2-bed home is $1,657, which is 41% more than the average rent across the US.

Our data are calculated and updated every three months for each geography, approximately two months after the end of the previous quarter. (Ranked in the top 10% of all neighborhoods in the nation for investment security). (Ranked in the top 35% of all neighborhoods in the nation for investment security).

average home price in highlands ranch co

In fact, 100.0% of the residential real estate here was built in this one time period. Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them.

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