Denver Home Appreciation in 2022 – What You Need to Know
Appreciation rates in the Denver metro appears to be returning to pre-pandemic numbers. This is good news for would-be home buyers who were facing severe sticker shock month over month.
In the years 2022 and 2021, the Denver, CO area zip codes experienced a significant surge in property appreciation, primarily fueled by the heightened demand resulting from the pandemic. The specific zip codes discussed within this article stood out notably, showcasing remarkable rate increases amidst the ongoing housing frenzy that gripped the region. This trend underscored the dynamic shifts in the real estate landscape, reflecting the evolving preferences and market conditions in the area during this period.
Denver Metro Housing Appreciation by Year:
- 2022: +11.6%
- 2021: +17.2%
- 2020: +8.7%
- 2019: +2.4%
- 2018: +8.2%
- 2017: +8.0%
- 2016: +9.2%
- 2015: +12.1%
- 2014: +6.5%
- 2013: +9.2%
- 2012: +10.3
- 2011: -1.1%
- 2010: +6.3%
- 2009: -2.1%
Source + Areas Covered
Compliments and gratitude to Megan Aller with First American Title for compiling this data into reports we used to put together this article. The counties included in these numbers are: Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert and Jefferson.
Top 15 Denver Metro Zip Codes for Appreciation in 2022
Zip Code | 2022 Appreciation | Area Name | See Homes For Sale |
80439 | 125.00% | Evergreen, CO | |
80135 | 40.30% | Sedalia, CO | |
80117 | 27.00% | Kiowa, CO | |
80246 | 26.90% | Hilltop Neighborhood | |
80102 | 26.00% | Bennet, CO | |
80215 | 24.00% | Lakewood, CO | |
80212 | 23.00% | Berkeley Neighborhood | |
80234 | 23.00% | Westminster, CO | |
80118 | 21.80% | Larkspur, CO | |
80642 | 21.70% | Hudson, CO | |
80007 | 21.40% | Arvada, CO | |
80211 | 20.60% | LoHi Neighborhood | |
80033 | 20.40% | Wheat Ridge, CO | |
80465 | 19.90% | Morrison, CO | |
80209 | 19.80% | Wash Park, Belcaro, Cherry Creek, Speer | 80209 Homes For Sale |
Suburbs Shine in 2022
Out of the top 15 zip codes, 11 were outside of Denver proper. Many more zip codes showed impressive appreciation, reach out to your Usaj Realty agent to learn more about a certain zip code. Listed here are the zip codes that appreciated 19 percent or more in 2022.
Conclusion
If you are seeking a promising investment opportunity or aiming to reside in a location with strong potential for property value appreciation, consider keeping these top zip codes on your radar! These areas have demonstrated remarkable growth and development, showing notable increases in demand and property values over the past year. Stay informed and explore the possibilities these thriving neighborhoods have to offer!
Whether you are considering selling your current home to upgrade or looking to purchase a new property that fits your lifestyle better, exploring the following locations might help you maximize the value of your investment. These areas offer a blend of affordability, growth potential, and quality of life that can make your real estate investment truly worthwhile.