Highlands Ranch Co Real Estate News & Market Trends

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The median price in Highlands Ranch is $534,906. Highlands Ranch home values have gone up 2.6% over the past year and Zillow predicts they will fall -2.2% within the next year. The median list price per square foot in Highlands Ranch is $256, which is lower than the Denver-Aurora-Lakewood Metro average of $265. The median price of homes currently listed in Highlands Ranch is $499,900 while the median price of homes that sold is $490,600. The median rent price in Highlands Ranch is $2,325, which is higher than the Denver-Aurora-Lakewood Metro median of $2,100.

Foreclosures will be a factor impacting home values in the next several years. In Highlands Ranch 0.0 homes are foreclosed (per 10,000). This is lower than the Denver-Aurora-Lakewood Metro value of 0.1 and also lower than the national value of 1.2Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Highlands Ranch is 0.1%, which is lower than the national value of 1.1%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Highlands Ranch homeowners underwater on their mortgage is 4.7%, which is higher than Denver-Aurora-Lakewood Metro at 3.9%.