Glendale, CO Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Glendale, CO Housing Market Trends

With a population of 5,141, 3,065 total housing units (homes and apartments), and a median house value of $742,120, Glendale house prices are not only among the most expensive in Colorado, Glendale real estate also is some of the most expensive in all of America.

Large apartment complexes or high rise apartments are the single most common housing type in Glendale, accounting for 89.78% of the city's housing units. Other types of housing that are prevalent in Glendale include duplexes, homes converted to apartments or other small apartment buildings ( 4.34%), row houses and other attached homes ( 3.50%), and a few single-family detached homes ( 2.38%). Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

Glendale is dominated by renter-occupied one, two, or no bedrooms apartments. 89.72% of Glendale's dwellings are rentals.

There is a lot of housing in Glendale built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Glendale built between 2000 and later ( 16.79%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.64%).

Glendale Home Appreciation Rates

In the last 10 years, Glendale has experienced some of the highest home appreciation rates of any community in the nation. Glendale real estate appreciated 87.05% over the last ten years, which is an average annual home appreciation rate of 6.46%, putting Glendale in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Glendale definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Glendale's appreciation rate, at 8.40%, has been at or slightly above the national average. In the latest quarter, Glendale's appreciation rate has been 3.61%, which annualizes to a rate of 15.23%.

Importantly, this makes Glendale one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Colorado, our data show that Glendale's latest annual appreciation rate is lower than 70% of the other cities and towns in Colorado.

Average Home Values

 

Median Home Value:
$742,120

Glendale Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CO*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
93.94% 3.13%
2
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,241 / per month

Homeownership Rate

Owners
10.3%
10.3%
Renters
89.7%
89.7%
Vacant
7.6%
7.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
16.8%
16.8%
1970 - 1999
71.3%
71.3%
1940 - 1969
11.6%
11.6%
1939 or Older
0.3%
0.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
2.4%
2.4%
Townhomes
3.5%
3.5%
Small Apt. Buildings
4.3%
4.3%
Apt. Complexes
89.8%
89.8%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
6.1%
6.1%
1 Bedroom
49.9%
49.9%
2 Bedrooms
38.4%
38.4%
3 Bedrooms
5.0%
5.0%
4 Bedrooms
0.7%
0.7%
5 or more bedrooms
0.0%
0.0%
0.0% 100.0%
% OF HOMES