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 8,043 people, 3,402 houses or apartments, and a median cost of homes of $655,384, real estate costs in Woodland Park 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 Woodland Park, accounting for 78.47% of the city's housing units. Other types of housing that are prevalent in Woodland Park include large apartment complexes or high rise apartments ( 10.85%), duplexes, homes converted to apartments or other small apartment buildings ( 5.24%), and a few row houses and other attached homes ( 4.52%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Woodland Park. Owner-occupied housing accounts for 76.02% of Woodland Park's homes, and 65.56% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Woodland Park 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 Woodland Park built between 2000 and later ( 33.24%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.76%).
Appreciation rates for homes in Woodland Park have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 109.65%, which ranks in the top 30% nationwide. This equates to an annual average Woodland Park house appreciation rate of 7.68%.
Over the last year, Woodland Park appreciation rates have trailed the rest of the nation. In the last twelve months, Woodland Park's appreciation rate has been 0.29%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Woodland Park were at 0.58%, which equates to an annual appreciation rate of 2.34%.
Relative to Colorado, our data show that Woodland Park's latest annual appreciation rate is higher than 50% of the other cities and towns in Colorado.
$655,384
for Colorado
for nation
3,402
$3,076 / per month