According to the National Association of Realtors (NAR), the median home price in May of 2024, for all housing types, reached $419,300. This is a 5.8% gain over a year ago and the highest recorded figure ever. In Fort Collins, the average home price is $569,556, Zillow reports, and on average sellers have their properties under contract in just 8 days. This source calculates this average price in Fort Collins as 2.2% higher than a year ago - more than a $12,000 price increase on average.
The appreciation in home values calls to question the decision to wait and see if interest rates go down. If you're itching to buy, let's take a look at now at houses that may be the perfect setting for your next chapter.
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