Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 7,326, 3,095 total housing units (homes and apartments), and a median house value of $836,098, real estate costs in Conifer are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Colorado communities.
Single-family detached homes are the single most common housing type in Conifer, accounting for 97.63% of the town's housing units. Other types of housing that are prevalent in Conifer include row houses and other attached homes ( 1.00%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Conifer. Owner-occupied housing accounts for 93.94% of Conifer's homes, and 69.88% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Conifer built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Conifer built between 2000 and later ( 23.58%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.43%). There's also some housing in Conifer built before 1939 ( 14.41%).
Vacant housing appears to be an issue in Conifer. Fully 16.00% of the housing stock is classified as vacant. Left unchecked, vacant Conifer homes and apartments can be a drag on the real estate market, holding Conifer real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Real estate appreciation rates in Conifer's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.66% during the period.
Over the last year, Conifer appreciation rates have trailed the rest of the nation. In the last twelve months, Conifer's appreciation rate has been -0.18%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Conifer were at -1.57%, which equates to an annual appreciation rate of -6.13%.
Notably, Conifer's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Colorado, our data show that Conifer's latest annual appreciation rate is lower than 70% of the other cities and towns in Colorado.
$836,098
for Colorado
for nation
3,095
$3,446 / per month