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 77,884 people, 33,126 houses or apartments, and a median cost of homes of $550,732, real estate costs in Loveland 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 Loveland, accounting for 64.77% of the city's housing units. Other types of housing that are prevalent in Loveland include large apartment complexes or high rise apartments ( 17.93%), row houses and other attached homes ( 10.14%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.65%).
The most prevalent building size and type in Loveland are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.48% owning and 37.52% renting.
There is a lot of housing in Loveland 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 Loveland built between 2000 and later ( 35.69%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.99%). There's also some housing in Loveland built before 1939 ( 5.45%).
In the last 10 years, Loveland has experienced some of the highest home appreciation rates of any community in the nation. Loveland real estate appreciated 117.32% over the last ten years, which is an average annual home appreciation rate of 8.07%, putting Loveland in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Loveland 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, Loveland appreciation rates have trailed the rest of the nation. In the last twelve months, Loveland's appreciation rate has been 1.28%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Loveland were at 2.43%, which equates to an annual appreciation rate of 10.07%.
Relative to Colorado, our data show that Loveland's latest annual appreciation rate is lower than 80% of the other cities and towns in Colorado.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Loveland differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Loveland - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Loveland real estate investment or home purchase decisions.
$550,732
for Colorado
for nation
33,126
$2,377 / per month