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Real Estate Prices & Overview

Sheely Addition median real estate price is $684,940, which is more expensive than 59.4% of the neighborhoods in Colorado and 77.0% of the neighborhoods in the U.S.

The average rental price in Sheely Addition is currently $1,980, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.1% of Colorado neighborhoods.

Sheely Addition is a suburban neighborhood (based on population density) located in Fort Collins, Colorado.

Sheely Addition real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Sheely Addition neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Sheely Addition has a 9.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 60.1% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Fort Collins, the Sheely Addition neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 9.3% of residents in the Sheely Addition neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.6% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, more people in Sheely Addition choose to walk to work each day (13.3%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

People

NeighborhoodScout's analysis shows that the Sheely Addition neighborhood has a greater concentration of residents currently enrolled in college than 98.3% of the neighborhoods in the U.S. With 26.2% of the population here attending college, this is very much a college-focused neighborhood.

Diversity

Did you know that the Sheely Addition neighborhood has more Scottish and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.5% of this neighborhood's residents have Scottish ancestry and 1.9% have Austrian ancestry.

Sheely Addition is also pretty special linguistically. Significantly, 0.7% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 96.7% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Sheely Addition neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.5% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Sheely Addition neighborhood in Fort Collins are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.6% of U.S. neighborhoods. With 52.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.8% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Sheely Addition neighborhood, 52.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 19.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.4%), and 10.7% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Sheely Addition neighborhood is English, spoken by 90.7% of households. Some people also speak Spanish (2.3%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Sheely Addition neighborhood in Fort Collins, CO, residents most commonly identify their ethnicity or ancestry as German (26.5%). There are also a number of people of Irish ancestry (12.6%), and residents who report Scottish roots (9.5%), and some of the residents are also of English ancestry (9.1%), along with some Asian ancestry residents (5.6%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Sheely Addition neighborhood spend under 15 minutes commuting one-way to work (45.7% of working residents), one of the shortest commutes across America.

Here most residents (60.8%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (13.3%) and 9.3% of residents also bicycle for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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