Fort Collins real estate market overview
- Average Monthly Rent: $1,842
- Home Price/Value Percentage Change: -0.30%
- Median Home Value: $555,185
- Best Time To Sell a Home: August
- Affordability Index: Moderate
- Days To Sell a House: 42
- Job Market: Fair
- Public School Ranking: 24
Location and weather
Fort Collins has a naturally stunning location in the western base of the Front Range of the Rocky Mountains. It lies along the Cache La Poudre River, with the Great Plains to the east. It's located 65 miles north of Denver and 45 miles south of Cheyenne. Known as Colorado's beer capital, it is home to 20 award-winning craft breweries and one of the biggest large breweries in the world, Anheuser-Busch. Fort Collins is also known as the cultural capital of Northern Colorado and includes many theaters, a symphony orchestra, ballet and opera. Old Town is filled with hip restaurants and art galleries, making it the perfect place for leisure.
Fort Collins has the beautifully mild summers and the cold, snowy winters that Colorado is known for. In the summer, the high temperatures are in the 70's, with lows ranging in the 60's. The winter temperatures are cold, with highs in the 40's and lows just under 20 degrees.
Population, job market and cost of living
Fort Collins population in 2023 is 167,554 with an annual growth of -0.29%.
The job growth has decreased -4.60% over last year and in ten years, is predicted to be 51.77%. Fort Collins is also known as the cultural capital of Northern Colorado and includes many theaters, a symphony orchestra, ballet and opera. Old Town is filled with hip restaurants and art galleries, making it the perfect place for leisure. Fort Collins has a strong manufacturing base with Hewlett Packard, WaterPik, Woodward, In-Situ, and Anheuser-Busch. High-tech companies have relocated to Fort Collins because of Colorado State University's resources and research facilities.
New housing construction has added to the city's economic growth, and the cost of living is high due to the real estate market and scarcity of affordable, single-family homes. With its breathtaking scenery, white-water rafting and other recreational sports, cultural and arts activities/festivals, quaint Old Town, and increased job growth and businesses, Fort Collins will continue to be a sought-after place to live in Colorado.
Fort Collins real estate market details
- Troutman Park
- Old Town
- Rigden Farm
- Old Prospect
There has been a -0.3% decrease in median home value over the last year. As of 2023, the median home value is $555,185.
The best time to sell a home for the highest valued sale is during August. For the quickest sale, homeowners should sell in August.
The affordability index in Fort Collins is 117. This number indicates moderate affordability in this city.
The top ranked public schools are Liberty Common Charter School, Fossil Ridge High School, Colorado Early College Fort Collins, PSD Global Academy and Ridgeview Classical Charter School. This information is based on data measuring academic performance and equity.