BlogFun FactsNorthern Colorado Real Estate December 6, 2024

Friday Fun Facts – Best Mountain Towns To Buy Property In The Next 5 Years

Fort Collins keeps landing on “best places to live” lists, proving it’s a top-tier city for anyone looking for an awesome hometown.  So it’s no surprise that it was recently named one of the four best mountain towns to buy a home in the next five years by GoMortageRates.com.

With an average home price of $554,755 and a modest 0.9% price change in the last 12 months, Fort Collins is experiencing steady growth. Located 60 miles north of Denver and home to Colorado State University, the city offers a family-friendly environment with excellent schools, a robust job market, a thriving arts community and outstanding outdoor recreation.

The COVID-19 pandemic triggered an unprecedented urban exodus, with remote work opportunities and health concerns driving Americans to less populated mountain regions, a migration that continues even years later.  Fort Collins and three other mountain towns offer promising real estate opportunities for those seeking a different pace of life.

Curious what other towns made the list?  Here they are:

Bend, Oregon

  • Average home price: $728,226
  • Strong rental demand from residents and tourists
  • Solid property appreciation potential
  • Attractive for diverse investment strategies

Blue Ridge, Georgia

  • Average home price: $491,808
  • Year-round tourism driving real estate market
  • Growing population with quality of life amenities
  • Robust short-term and long-term rental markets

Seattle, Washington

  • Average home price: $848,982
  • Home to 17 Fortune 500 companies
  • Unique mountain town with strong economic fundamentals
  • Expected population growth of 1 million by 2040
  • Challenging housing supply due to geographical constraints

Source: GoBankingRate.com