Fort Collins Real Estate Market Overview
Average Monthly Rent:
$1,542
Percentage Change in Home Price/Value:
3.7%
Median Home Value:
$392,900
Best Time To Sell Home:
December
Affordability Index:
93.2
Days To Sell House:
57.63
Job Market:
Strong
Public School Ranking:
17
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 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 Collin’s growth rate is one of the highest in Colorado. In 2018 it was at 2%, with a population of 167,830. The job growth has increased 3.54% 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.
