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 4,769, 2,056 total housing units (homes and apartments), and a median house value of $1,165,823, Silverthorne house prices are not only among the most expensive in Colorado, Silverthorne real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Silverthorne, accounting for 57.89% of the town's housing units. Other types of housing that are prevalent in Silverthorne include row houses and other attached homes ( 24.68%), large apartment complexes or high rise apartments ( 14.39%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.67%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Silverthorne. Owner-occupied housing accounts for 80.92% of Silverthorne's homes, and 63.91% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Silverthorne 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 Silverthorne built between 2000 and later ( 32.40%). A lesser amount of the housing stock also hails from between 1940-1969 ( 2.51%).
Vacant housing appears to be an issue in Silverthorne. Fully 30.40% of the housing stock is classified as vacant. Left unchecked, vacant Silverthorne homes and apartments can be a drag on the real estate market, holding Silverthorne 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, Silverthorne has experienced some of the highest home appreciation rates of any community in the nation. Silverthorne real estate appreciated 158.48% over the last ten years, which is an average annual home appreciation rate of 9.96%, putting Silverthorne in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Silverthorne 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, Silverthorne appreciation rates have trailed the rest of the nation. In the last twelve months, Silverthorne's appreciation rate has been 4.73%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Silverthorne were at -0.63%, which equates to an annual appreciation rate of -2.49%.
Notably, Silverthorne's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Colorado, our data show that Silverthorne's latest annual appreciation rate is higher than 80% of the other cities and towns in Colorado.
$1,165,823
$3,060 / per month