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 2,608 people, 1,220 houses or apartments, and a median cost of homes of $483,163, Leadville real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Leadville, accounting for 88.10% of the city's housing units. Other types of housing that are prevalent in Leadville include duplexes, homes converted to apartments or other small apartment buildings ( 6.27%), large apartment complexes or high rise apartments ( 3.31%), and a few mobile homes or trailers ( 1.62%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Leadville. Owner-occupied housing accounts for 74.29% of Leadville's homes, and 56.20% have either three or four bedrooms, which is average sized relative to America.
The housing in Leadville was primarily built before 1939 ( 70.49%), making the housing stock in Leadville some of the oldest overall in America, although there is a range of ages of homes in Leadville. The next most important housing age is between 1940-1969 ( 16.06%), followed by between 2000 and later ( 7.82%). There's also some housing in Leadville built between 1970-1999 ( 5.63%).
Vacant housing appears to be an issue in Leadville. Fully 14.08% of the housing stock is classified as vacant. Left unchecked, vacant Leadville homes and apartments can be a drag on the real estate market, holding Leadville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
In the last 10 years, Leadville has experienced some of the highest home appreciation rates of any community in the nation. Leadville real estate appreciated 197.24% over the last ten years, which is an average annual home appreciation rate of 11.51%, putting Leadville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Leadville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Leadville appreciation rates have trailed the rest of the nation. In the last twelve months, Leadville's appreciation rate has been 5.18%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Leadville were at -0.63%, which equates to an annual appreciation rate of -2.49%.
Notably, Leadville's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Colorado, our data show that Leadville's latest annual appreciation rate is higher than 80% of the other cities and towns in Colorado.
$483,163
for Colorado
for nation
1,220
$2,778 / per month