Cities with the fastest growing home prices in Denver metro area

Written by:
November 23, 2022
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Cities with the fastest growing home prices in Denver metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Denver-Aurora-Lakewood, CO metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. Data was available for 87 cities and towns in Denver.

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Stacker

#30. Edgewater, Edgewater

- 1-year price change: +$74,858 (+12.8%)
- 5-year price change: +$269,888 (+69.5%)
- Typical home value: $658,103 (#31 most expensive city in metro)
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#29. Meridian, Meridian

- 1-year price change: +$76,339 (+11.9%)
- 5-year price change: +$240,471 (+50.4%)
- Typical home value: $717,998 (#23 most expensive city in metro)
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#28. Pine, Pine

- 1-year price change: +$76,866 (+12.2%)
- 5-year price change: +$284,898 (+67.8%)
- Typical home value: $704,903 (#26 most expensive city in metro)
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#27. Roxborough Park, Roxborough Park

- 1-year price change: +$77,834 (+11.7%)
- 5-year price change: +$287,805 (+63.6%)
- Typical home value: $740,336 (#19 most expensive city in metro)
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#26. Watkins, Watkins

- 1-year price change: +$78,329 (+14.1%)
- 5-year price change: +$260,331 (+69.4%)
- Typical home value: $635,709 (#37 most expensive city in metro)

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#25. Parker, Parker

- 1-year price change: +$78,965 (+12.0%)
- 5-year price change: +$271,630 (+58.5%)
- Typical home value: $736,070 (#20 most expensive city in metro)
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#24. Highlands Ranch, Highlands Ranch

- 1-year price change: +$78,984 (+11.8%)
- 5-year price change: +$274,606 (+58.1%)
- Typical home value: $746,891 (#18 most expensive city in metro)
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#23. Castle Rock, Castle Rock

- 1-year price change: +$79,808 (+12.7%)
- 5-year price change: +$261,944 (+58.8%)
- Typical home value: $707,736 (#25 most expensive city in metro)
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#22. Buena Vista, Buena Vista

- 1-year price change: +$82,620 (+16.6%)
- 5-year price change: +$226,616 (+63.9%)
- Typical home value: $581,111 (#46 most expensive city in metro)
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#21. Todd Creek, Todd Creek

- 1-year price change: +$86,795 (+9.5%)
- 5-year price change: +$367,285 (+57.9%)
- Typical home value: $1,001,532 (#8 most expensive city in metro)

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#20. Bailey, Bailey

- 1-year price change: +$87,004 (+17.8%)
- 5-year price change: +$232,543 (+67.7%)
- Typical home value: $575,994 (#47 most expensive city in metro)
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#19. Evergreen, Evergreen

- 1-year price change: +$87,064 (+10.2%)
- 5-year price change: +$369,810 (+64.8%)
- Typical home value: $940,173 (#12 most expensive city in metro)
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#18. Agate, Agate

- 1-year price change: +$88,165 (+19.1%)
- 5-year price change: +$228,466 (+71.0%)
- Typical home value: $550,080 (#54 most expensive city in metro)
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#17. Fairplay, Fairplay

- 1-year price change: +$90,708 (+19.8%)
- 5-year price change: +$217,819 (+65.8%)
- Typical home value: $548,687 (#55 most expensive city in metro)
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#16. Golden, Golden

- 1-year price change: +$94,015 (+12.2%)
- 5-year price change: +$348,544 (+67.3%)
- Typical home value: $866,355 (#15 most expensive city in metro)

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#15. Broomfield, Broomfield

- 1-year price change: +$96,631 (+16.0%)
- 5-year price change: +$261,097 (+59.2%)
- Typical home value: $702,230 (#27 most expensive city in metro)
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#14. Castle Pines, Castle Pines

- 1-year price change: +$99,289 (+12.2%)
- 5-year price change: +$344,433 (+60.6%)
- Typical home value: $912,970 (#14 most expensive city in metro)
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#13. Kiowa, Kiowa

- 1-year price change: +$106,985 (+17.3%)
- 5-year price change: +$303,228 (+71.6%)
- Typical home value: $726,735 (#21 most expensive city in metro)
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#12. Lone Tree, Lone Tree

- 1-year price change: +$107,588 (+12.1%)
- 5-year price change: +$351,528 (+54.5%)
- Typical home value: $997,117 (#9 most expensive city in metro)
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#11. Elizabeth, Elizabeth

- 1-year price change: +$112,994 (+17.3%)
- 5-year price change: +$302,162 (+65.2%)
- Typical home value: $765,626 (#17 most expensive city in metro)

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#10. Sedalia, Sedalia

- 1-year price change: +$114,352 (+13.6%)
- 5-year price change: +$401,056 (+72.7%)
- Typical home value: $952,753 (#11 most expensive city in metro)
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#9. Larkspur, Larkspur

- 1-year price change: +$114,896 (+13.1%)
- 5-year price change: +$404,313 (+68.8%)
- Typical home value: $991,755 (#10 most expensive city in metro)
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#8. Cherry Creek, Cherry Creek

- 1-year price change: +$118,660 (+14.6%)
- 5-year price change: +$335,850 (+56.2%)
- Typical home value: $933,894 (#13 most expensive city in metro)
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#7. Franktown, Franktown

- 1-year price change: +$126,205 (+12.9%)
- 5-year price change: +$441,276 (+66.2%)
- Typical home value: $1,108,143 (#7 most expensive city in metro)
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#6. Genesee, Genesee

- 1-year price change: +$139,273 (+12.7%)
- 5-year price change: +$485,206 (+64.8%)
- Typical home value: $1,233,998 (#6 most expensive city in metro)

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#5. Foxfield, Foxfield

- 1-year price change: +$156,179 (+14.0%)
- 5-year price change: +$502,858 (+65.3%)
- Typical home value: $1,272,964 (#5 most expensive city in metro)
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#4. Greenwood Village, Greenwood Village

- 1-year price change: +$161,348 (+12.2%)
- 5-year price change: +$476,588 (+47.1%)
- Typical home value: $1,488,769 (#4 most expensive city in metro)
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#3. Columbine Valley, Columbine Valley

- 1-year price change: +$194,841 (+13.8%)
- 5-year price change: +$580,780 (+56.5%)
- Typical home value: $1,609,308 (#3 most expensive city in metro)
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#2. Bow Mar, Bow Mar

- 1-year price change: +$259,708 (+13.9%)
- 5-year price change: +$783,915 (+58.3%)
- Typical home value: $2,127,552 (#2 most expensive city in metro)
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#1. Cherry Hills Village, Cherry Hills Village

- 1-year price change: +$341,288 (+13.8%)
- 5-year price change: +$844,086 (+43.0%)
- Typical home value: $2,808,573 (#1 most expensive city in metro)

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