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Real Estate Boulder Colorado - Real Estate in Boulder, Colorado

city home people median

Located 25 miles northwest of Denver and in the foothills of the Rocky Mountains is the city of Boulder, Colorado. Home to the University of Colorado, Boulder is the state’s 11th largest city with just under 100,000 people inhabited there. The median age in Boulder is around 29 years old with 33% of residents falling somewhere between the ages of 25 and 44. However, it is a college town, so the numbers will be skewed slightly towards a younger population. Boulder actually boasts more people per square mile than the city of Denver, and it continues to be quite a successful city financially, as the median family income stands at approximately $84,000.

One of the more interesting facts as it relates to the real estate market in Boulder is that the recent problems with the housing industry do not seem to have a long-term effect on the city of Boulder. Home sales have only decreased slightly, but the 5-year average for number of home sales continues to be relatively equal throughout each individual year. The median price of a home that has been sold in Boulder remains pretty steady at the $410,000 mark. If a person is looking to rent a condominium or apartment, the average rent is going to be around $909/month.

Most of the houses in Boulder were erected sometime between 1960 and 1990 and usually contain either three or four bedrooms with two bathrooms. Rental apartments are split down the middle between one and two bedrooms with one bathroom being the norm for most apartment/condos.

Surprisingly, over 80% of the houses in Boulder are valued at $300,000 or higher with an overabundance of homes in the $500,000-$750,000 price category. 70% of Boulder renters are going to be paying between $700 and $2,000 per month with $1,000-$1,250 being the most popular.

There are a good number of jobs in this community as 80% of the people living in the city of Boulder work in Boulder County. Most only have 10-20 minute commutes to their job, so business is currently thriving in the city of Boulder.

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