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Longmont real estate market overview

  • Average Monthly Rent: $1,480
  • Home Price/Value Percentage Change: 1.20%
  • Median Home Value: $409,384
  • Best Time To Sell a Home: August
  • Affordability Index: 98
  • Days To Sell a House: 54
  • Job Market: Fair
  • Public School Ranking: 38

Location and weather

Longmont is 38 miles north of Denver in northern Colorado. It lies on the St. Vrain River between the South Platte River and the foothills of the Rocky Mountains, at an elevation of 5,000 feet. Longmont has many parks for outdoor recreation including Rabbit Mountain, St. Vrain State Park, Union Reservoir State Park, Lagerman Reservoir and Sandstone Ranch Park.

In Longmont the summers are warm and short, and the winters are cold, windy and dry. The high summer temperatures are in the high 80's with lows in the high 50's. The winter high temperatures are in the mid-40's with low temperatures in the low 20's.

Sell my house fast in Longmont, Colorado
Image by Billy Hathorn, Wikipedia.org, CC BY-SA 3.0

Population, job market and cost of living

The Longmont population in 2019 was 96,557 with a growth rate of 1.97%.

The job growth has increased by 2.66% over last year. Ten-year future predicted job growth is 44.01%. The major industries are Manufacturing, Retail Trade, and Health Care & Social Assistance. The biggest companies to work for include Lucky's Market, Longmont United Hospital and ARC Group Worldwide.

The cost of living is high due to the Longmont real estate market and the high cost of available housing. With a growing job market and diversified industries, many parks for outdoor recreation, scenic views at the foothills of the Rocky Mountains, Longmont will continue to attract those that want to work and play in this suburban city not far from Denver.

Longmont real estate market details

Hottest neighborhoods

  • Somerset Meadows
  • Idaho Creek
  • Yeager Farm
  • The Valley
  • Chance Acres

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