Mountain Homes for Sale in Boulder, CO | ZeroDown (2024)

FAQs

Why are homes so expensive in Boulder, CO? ›

High levels of demand and low supply drive up housing costs. The aforementioned restrictions on municipal growth and the availability of housing, combined with the ever-ballooning numbers of people seeking to move to Boulder, contribute to Boulder's high costs.

Living in Boulder is relatively costly in comparison to other popular Colorado cities. In Boulder, rent averages $1,524 for a one-bedroom apartment. Transportation costs in Boulder amount to $5,316 a year. Food costs $4,686 a year on average for a single resident of Boulder.

$1,020,681. The average Boulder, CO home value is $1,020,681, up 1.3% over the past year and goes to pending in around 23 days.

Like many Colorado towns, Dacono was a coal mining town in the early 20th century and has become a commuter town in recent years. Similar to Boulder, but on a smaller and more affordable scale, this is a beautiful mountain town.

The Mapleton Hill neighborhood is another popular destination for luxury living in Boulder. This area is known for its historic homes and its proximity to downtown Boulder. Mapleton Hill is home to some of the city's most expensive homes, as well as some of its most unique architecture.

Boulder's cost of living is higher than the Denver Metro area average, due primarily to housing costs that are comparable to other high-tech, progressive and well-educated cities offering a desirable quality of life.

Over the past few years, homelessness in Boulder has reached a crisis level — and 2023 saw the situation become increasingly dire. The Metro Denver Homeless Initiative's Point in Time Count for 2023 counted 839 unhoused individuals Boulder County as of Jan. 30. This year's count is the highest in the past seven years.

The City of Boulder defines middle-income as a person or family earning 80-150% of the Area Median Income (AMI). This means that a family of four can earn between $93,000 and $175,000 per year.

Boulder's rental market is highly competitive, driven by strong demand from students, young professionals, and families seeking housing in the area. With limited inventory and high demand, rental properties in Boulder typically command premium rents and experience low vacancy rates.

What is the average household income in Boulder Colorado? ›

If you're moving to or living in Boulder, expect the median home sale price to be around $1,070,000, and the average rent in Boulder to be about $2,987.

If you're looking for cheap mountain towns in Colorado, Fruita, Trinidad, and Cañon City offer cheap living in Colorado, with a cost of living below the state average.

Many people still want to move to Boulder, CO, and nearby cities, so housing demand remains high. The high housing demand causes the number of homes in the inventory to drop. Additionally, many homeowners don't want to sell their properties under the current market conditions. Therefore, the supply remains low.

Boulder offers a vibrant mix of urban and outdoor living, with scenic mountain views and great local amenities. Although Boulder is a luxury city with a higher-than-average cost of living, residents earn roughly 26% above the national wage average, making it possible to afford these higher costs.

Conclusion. Though the cost of living in Colorado is high, demand for real estate remains steady due to the state's natural beauty and outdoor recreation opportunities. However, supply remains low because of strict zoning laws. Mortgage rates are higher than average but so are real estate taxes.

Boulder has beautiful nature and sets you up for a healthy lifestyle. It provides great job opportunities as the city isn't far from Denver. However, the higher cost of living and weather-related challenges may become a setback.