Colorado has an array of diverse cities and natural wonders to enjoy — from desert lands to rivers and breathtaking Rocky Mountain trails. Because it has so much to offer, the Centennial State also boasts a hot real estate market. But, there are still a few popular towns where you can buy a home, build your wealth, without breaking the bank in the process.
We surveyed local real estate professionals to come up with nine popular Colorado towns where they suspect home prices are about to skyrocket.
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Monument
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Andrew Fortune, a realtor and brokerage owner with Great Colorado Homes, says Monument, a small town about 30 minutes from downtown Colorado Springs, is becoming quite popular for those who want the proximity to the Springs without the prices.
"Monument used to be popular with retired folks who could afford the nicer homes," he says. "Now, more families are considering the area as it has many incredible amenities that weren't there 10 years ago."
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Pueblo
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Pueblo is another city that has benefitted from proximity to the housing boom in Colorado Springs, according to Fortune. "The city is about 45 minutes south of Colorado Springs and was once considered a cheap place to live," he continues, adding that as home prices doubled in Colorado Springs over the years, Pueblo became more popular.
The town has a charm of its own, too. From the stunning Historic Arkansas Riverwalk — packed with delicious dining options — to the plethora of outdoor recreation options, there's a lot to love here.
Greeley
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Located in northern Colorado, Greeley boasts a thriving arts and music scene and an array of great dining and brewery options — and it's experiencing quite the housing boom, too.
Home prices are likely to keep going up in the lively city. According to Redfin, the median home sale price is currently around $462,000 — up 19.6% since just last year.
Glenwood Springs
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Home prices are on an upswing in historic resort town Glenwood Springs as well, with Redfin putting the average home sale price at $817,000, a 9.9% increase from last year.
While the town is known for its hot springs and proximity to a wide range of natural wonders, there's plenty for the non-outdoorsy folks as well. That's because Glenwood Springs boasts top-notch dining and shopping scenes.
Breckenridge
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Breckenridge was once thought of as more of a ski resort town, but it's seeing a real estate boom you may want to jump on if you enjoy hitting the slopes and/or are looking for a place to purchase a vacation home that can be rented out to help pay for your mortgage.
"Breckenridge is becoming an all-year-round-town," according to Fred Loguidice, real estate agent and founder of Sell My House Fast Co. "The popularity of the town with second-home purchasers, combined with the increasing practice of remote work, is fueling growth."
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Boulder
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Boulder is having a moment — the average home sale price continues to spike with Redfin putting it at well over $1 million — and real estate professionals expect it to stay that way.
"Boulder is benefitting from high property valuations due to its natural desirability, schools, and strong startup base," Loguidice explains, noting properties often sell for more than asking price.
Castle Rock
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"Between Denver and Colorado Springs, Castle Rock offers a small-town atmosphere with easy proximity to city amenities," according to Loguidice.
It's becoming a hot destination for young families, and Redfin reports that home prices are up 3.3% compared to last year, with a median price of $660,000.
Colorado Springs
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Loguidice also points out that Colorado Springs is likely to stay popular, with home prices to match. That's mostly thanks to an array of draws like proximity to natural beauty and a growing tech sector.
"Colorado Springs is likely to be the nation's hottest real estate market in 2025," he says. "Realtor.com forecasts a 27.1% increase in home sales and a 12.7% gain in median home value."
Fort Collins
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Fort Collins is home to Colorado State University. And, with a steady influx of students and staff, investing in the area could be a smart money move for homeowners.
"Its outdoor recreational activities, brewery culture, and vibrant downtown propel steady demand and property appreciation," Loguidice says of the town.
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Bottom line
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Aspiring homeowners looking for a smart place to buy have a lot to consider, and to avoid wasting money down the line, the ability to sell in the future should be part of that decision.
While it's impossible to predict exactly what the housing market will look like in the coming years, Colorado real estate professionals assure us these nine towns are a pretty safe bet if you're looking to buy a home in a popular area that will likely remain in-demand for years to come.
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