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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 10,264, 3,901 total housing units (homes and apartments), and a median house value of $805,169, real estate costs in Glenwood Springs are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Colorado communities.
Single-family detached homes are the single most common housing type in Glenwood Springs, accounting for 44.21% of the city's housing units. Other types of housing that are prevalent in Glenwood Springs include large apartment complexes or high rise apartments ( 25.24%), duplexes, homes converted to apartments or other small apartment buildings ( 13.67%), and a few row houses and other attached homes ( 10.22%).
People in Glenwood Springs primarily live in small (one, two or no bedroom) single-family detached homes. Glenwood Springs has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Glenwood Springs 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 Glenwood Springs built between 2000 and later ( 23.03%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.44%). There's also some housing in Glenwood Springs built before 1939 ( 15.97%).
Appreciation rates for homes in Glenwood Springs have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 114.38%, which ranks in the top 30% nationwide. This equates to an annual average Glenwood Springs house appreciation rate of 7.92%.
Over the last year, Glenwood Springs appreciation rates have trailed the rest of the nation. In the last twelve months, Glenwood Springs's appreciation rate has been 5.03%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Glenwood Springs were at -0.63%, which equates to an annual appreciation rate of -2.49%.
Notably, Glenwood Springs's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Colorado, our data show that Glenwood Springs's latest annual appreciation rate is higher than 80% of the other cities and towns in Colorado.
$805,169
for Colorado
for nation
3,901
$2,774 / per month