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Dakota Ridge real estate market overview
- Average Monthly Rent: $1,978
- Home Price/Value Percentage Change: -0.10%
- Median Home Value: $614,688
- Best Time To Sell a Home: August
- Affordability Index: Low
- Days To Sell a House: 5
- Job Market: Fair
- Public School Ranking: 24
Location and weather
Dakota Ridge is 21 miles southwest of Denver, 7 miles from Littleton, and 33 miles south of Boulder. It is on the high plains at the eastern edge of the Rocky Mountains. The Rocky Mountains at 14,000 feet in elevation are the dominant views in that area. With many outdoor recreation parks, Dakota Ridge, is a great place for the outdoor enthusiast.
Dakota Ridge's summers are warm and short, and the winters are cold and dry. The high summer temperatures are in the high 80's with lows in the low 60's. The winter high temperatures are in the mid-40's with low temperatures in the 20's.
Population, job market and cost of living
The Dakota Ridge population at the beginning of 2023 was 34,459 with a growth rate of 0.55%.
The job growth has decreased by -4.86% over last year. Ten-year future predicted job growth is 44.29%. The major industries are Retail Trade, Health Care & Social Assistance and Professional, Scientific & Technical Services. The largest companies to work for in Dakota and Littleton include Clute Institute, Stillwater Mining Company, Level 3 Telecom of Colorado LLC, United Dominion Realty Trust and CPI Card Group.
The cost of living is high due to the Dakota Ridge real estate market and the high cost of available housing. With scenic views, many outdoor recreation areas, good job growth, diversified job industries and proximity to Denver and Boulder, Dakota Ridge will continue to grow as the Denver metropolitan area grows.
Dakota Ridge real estate market details
- Friendly Hills
- Westgold Meadows
- Foothill Green
- Alkire Acres
- Dancing Willows
The average monthly rent in Dakota Ridge is $1,978 for an average apartment size of 905 sq. feet.
There has been a -0.1% decrease in median home value over the last year. As of 2023, the median home value is $614,688.
On average, homes in Dakota Ridge sell after 5 days on the market.
For the highest valued sale, homeowners in Dakota Ridge should aim to sell in August. For the quickest sale, homeowners should aim to sell in June.
The affordability index in Dakota Ridge is 134. This number indicates low affordability in this city.
The top ranked public schools are Red Rocks Elementary School, Bear Creek K-8 School, Powderhorn Elementary School, Mount Carbon Elementary School and Peiffer Elementary School. This information is dependent on data measuring academic performance and equity.