Monday, January 20, 2020

Highlands Ranch, CO Housing Market Trends and Prices

Storm risk estimates how much climate change increases the chances of extreme precipitation, when a lot of rain or snow falls in a short time, including thunderstorms, snowstorms, and tropical cyclones. Heat risk estimates how much climate change might increase the typical number of hot days in a year and the likelihood of extreme heat and heatwaves. Lovely 4 bedroom, 4 bath home which is open and bright due to large picture windows and vaulted ceilings. Home includes; living room, family room, dining area, master bedroom with a private bathroom and private study and 2 guest rooms. The home has a finished basement which contains one bedroom and one bathroom.

average home price in highlands ranch co

Visit our Seller Resource Center, backed by top agents, data analysis, and rigorous research. The current median home price in Highlands Ranch is $0, up 0.0% from December 2021. Drought risk is based on water stress, which estimates how much of the future water supply will be used for human purposes, like watering the lawn. Click on the risks below to learn which exist in Highlands Ranch today and how they’ll change by 2050.

Highlands Ranch, CO

Simply pick your marital status and family type from the drop-down. The calculator will give you a breakdown of your monthly spends on food, utilities, transportation, housing, healthcare, and other miscellaneous items to help you determine your cost of living in Highlands Ranch. We then calculate the percentage change in population for each distance. This reveals trends in demand for real estate that can drive pricing, or reveal declines in demand, at every relevant distance from the subject location.

average home price in highlands ranch co

The Scout Vision® Rising Star Index rates a neighborhood’s 3 year appreciation forecast on a 1 -5 scale, from 1 to 5 . This provides context for comparing what is very low, low, moderate, high, and rising star appreciation performance. Gross rental yield is based on average market rents paid for a unit with the same number of bedrooms as the median owner occupied home. The Regional Housing Affordability Index is reassessed and recalculated annually. The Scout Vision® Regional Investment Index rates a region’s 3 year appreciation forecast on a 1 -5 scale, from 1 to 5 . This provides context for comparing regional performance against historical benchmarking.

Nearby Schools

We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process. The median household income in a city certainly helps gauge the cost of living. The median household income in Highlands Ranch is $125,454, which is 73% more than that of the state. The median income for an individual is $60,142, which is 57% more than that of the state.

average home price in highlands ranch co

But if you are single, you might not find many other singles here. In Highlands Ranch, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 88.6% of all neighborhoods in the U.S. This means that the housing supply in Highlands Ranch is very tight compared to the demand for property here. Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics . Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons.

Living Area Features

However, this average takes into account both metro and suburban areas. So, the costs may go up or down depending on which neighborhood you eventually decide to stay. Use our cost of living calculators to assess how much you’ll need to earn to live comfortably in key cities. Neighborhood appreciation rate data are based on transactions involving conforming, conventional mortgages. Conventional means that the mortgages are neither insured nor guaranteed by the FHA, VA, or other federal government entity. NeighborhoodScout® has developed the first ever nationally comparable school ratings.

average home price in highlands ranch co

This information is being provided for the consumer's personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.

Schools That Serve This Neighborhood

These range from smaller diners and cafes, burger and beer joints to pizza restaurants, family friendly restaurants, and a variety of ethnic restaurants. Highlands Ranch is unique in maintaining its independence as an unincorporated city area managed by an association, the Highlands Ranch Community Association, rather than an elected government. Because of its location on C-470, a major highway in the area, there is easy access to other nearby metropolitan areas and Denver. This highway access creates a traffic corridor west to and through the Rockies, and south to Colorado Springs. Housing is generally the biggest monthly cost that you would need to account for. The average rent in Highlands Ranch (located in Denver-Aurora-Lakewood Metro) metro area for a 2-bed home is $1,657, which is 41% more than the average rent across the US.

There are a total of 90 apartments for rent available in Highlands Ranch, CO. 2-Bedroom apartments are the most common, with a total of 29 listings available. Studio apartments are the least common, with a total of 1 listings available. You'll also find that houses and apartments in Highlands Ranch, CO range from affordable to luxury. Click on the risks below to learn which exist in Eastridge today and how they’ll change by 2050.

The length of the bars indicate the percentage of neighborhoods in America that this neighborhood is more Urbane than, more Hip than, more Quiet than, more Nautical than, more Walkable than. Median home value is the value which has equal numbers of homes valued above and below it. The median home value is more stable than the average home value, which can be greatly affected by a few very high or very low home values. Here most residents (80.6%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (5.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

The most common language spoken in the Highlands Ranch neighborhood is English, spoken by 95.3% of households. Other important languages spoken here include Italian and Spanish. Of note is NeighborhoodScout's research finding that the Highlands Ranch neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States.

All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis. This publication is designed to provide information with regard to the subject matter covered. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought. The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO®.

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