Longmont, CO—80504
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Longmont, CO
As of Oct '25, the median home price in Longmont, CO is $579,000, with a year-over-year change of -2.2%. This indicates that home prices in Longmont, CO are decreasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $579,000 | -2.2% |
| Single Family | $587,000 | -2.7% |
| Condos | $380,000 | -4.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $338,000 | -3.2% |
2 Bed | $422,000 | -3.4% |
3 Bed | $537,000 | -2.4% |
4 Bed | $610,000 | -2.6% |
| 5 Bed | $710,000 | -2.6% |
% of Housing Stock
Rental Trends — Longmont, CO
As of July '25, Rentcast reports the average rent in Longmont, CO is $2,340, with a year-over-year rent change of -10.0%. Per bedroom, the median rent as of July '25 in Longmont, CO is studios: $1,610, 1-bedrooms: $1,530, 2-bedrooms: $1,770, 3-bedrooms: $2,560, 4-bedrooms: $3,130. The most common rental property sizes in Longmont, CO are 2-bedroom and 3-bedroom, accounting for 39.3% and 29.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,240 | $2,340 |
| Studio Rent | $1,560 | $1,610 |
| 1 Bed Rent | $1,570 | $1,530 |
| 2 Bed Rent | $1,750 | $1,770 |
| 3 Bed Rent | $2,500 | $2,560 |
| 4 Bed Rent | $3,100 | $3,130 |
% of Rental Stock
Property Listings — Longmont, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Longmont, CO is 54. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 42.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $586,000 | -3.0% |
Listing Count | 334 | 21.0% |
| Listings as % of Homes | 0.8% | 21.0% |
Days on Market | 54 | 12.0% |
Demographics — Longmont, CO
As of the latest ACS Survey released in 2023, Longmont, CO has a population of 61,300, which has increased by 13.5% over the past 5 years. Longmont, CO is a moderately popular place for families, as children make up 21.7% of the population. The area has a moderately educated workforce, with 42.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 61,300 | 13.5% |
% Under 18 | 21.7% | -20.5% |
% Seniors | 16.4% | 40.2% |
% WFH | 19.1% | 85.4% |
% w/ College Degree | 42.7% | 4.4% |
As of the latest ACS Survey released in 2023, Longmont, CO is a predominantly white area, with 67.9% of the population identifying as white. The white population has shrunk by 5.4% in the last 5 years. The second most common race or ethnicity in Longmont, CO is hispanic, making up 23.8% of the population. Foreign-born residents account for 7.7% of the population in Longmont, CO, and this percentage has decreased by 2.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 67.9% | -5.4% |
% Black | 0.8% | 60.0% |
% Hispanic | 23.8% | 10.7% |
% Asian | 3.0% | 3.4% |
% Foreign Born | 7.7% | -2.5% |
Mortgage and Risk — Longmont, CO
According to HUD data as of 2023, there were 1631 mortgage originations in Longmont, CO, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Longmont, CO. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,631 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Longmont, CO
As of 2024, the percent of homes in Longmont, CO under the Section 8 program is 7.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Longmont, CO, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 338 |
Total Units Section 8 | 338 |
% Rentals under Section 8 | 7.3% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $80 | $1,570 | $1,650 |
| 2 Bedroom | $290 | $1,750 | $2,040 |
| 3 Bedroom | $260 | $2,500 | $2,760 |
| 4 Bedroom | $60 | $3,100 | $3,160 |
Affordability — Longmont, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $579,000 |
| Median Household Income | $110,000 |