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 9,344, 2,393 total housing units (homes and apartments), and a median house value of $894,015, Timnath house prices are not only among the most expensive in Colorado, Timnath real estate also is some of the most expensive in all of America.
Timnath is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Timnath than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Timnath. Owner-occupied housing accounts for 92.69% of Timnath's homes, and 67.72% have either three or four bedrooms, which is average sized relative to America.
Timnath homes and real estate are some of the newest in America. 88.41% of Timnath's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Timnath real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 10.29%), and before 1939 ( 0.75%).
In the last 10 years, Timnath has experienced some of the highest home appreciation rates of any community in the nation. Timnath real estate appreciated 122.21% over the last ten years, which is an average annual home appreciation rate of 8.31%, putting Timnath in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Timnath 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, Timnath appreciation rates have trailed the rest of the nation. In the last twelve months, Timnath's appreciation rate has been 3.49%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Timnath were at 2.43%, which equates to an annual appreciation rate of 10.07%.
Relative to Colorado, our data show that Timnath's latest annual appreciation rate is higher than 50% of the other cities and towns in Colorado.
$894,015
$2,741 / per month