Longmont, CO—80501
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 $485,000, with a year-over-year change of -3.3%. This indicates that home prices in Longmont, CO are decreasing. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $485,000 | -3.3% |
| Single Family | $494,000 | -3.3% |
| Condos | $371,000 | -4.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $345,000 | -6.5% |
2 Bed | $407,000 | -4.0% |
3 Bed | $477,000 | -3.4% |
4 Bed | $559,000 | -3.3% |
| 5 Bed | $650,000 | -3.8% |
% of Housing Stock
Rental Trends — Longmont, CO
As of July '25, Rentcast reports the average rent in Longmont, CO is $1,770, with a year-over-year rent change of -7.8%. Per bedroom, the median rent as of July '25 in Longmont, CO is studios: $1,200, 1-bedrooms: $1,380, 2-bedrooms: $1,630, 3-bedrooms: $2,320, 4-bedrooms: $2,820. The most common rental property sizes in Longmont, CO are 2-bedroom and 1-bedroom, accounting for 44.7% and 26.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,580 | $1,770 |
| Studio Rent | $1,130 | $1,200 |
| 1 Bed Rent | $1,400 | $1,380 |
| 2 Bed Rent | $1,500 | $1,630 |
| 3 Bed Rent | $2,400 | $2,320 |
| 4 Bed Rent | $2,600 | $2,820 |
% 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 45. This is a increase of 4.0% 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 46.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $499,000 | -5.0% |
Listing Count | 123 | -9.0% |
| Listings as % of Homes | 0.2% | -9.0% |
Days on Market | 45 | 4.0% |
Demographics — Longmont, CO
As of the latest ACS Survey released in 2023, Longmont, CO has a population of 43,600, which has increased by 3.9% over the past 5 years. Longmont, CO is a moderately popular place for families, as children make up 20.3% of the population. The area has a moderately educated workforce, with 38.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 43,600 | 3.9% |
% Under 18 | 20.3% | -13.6% |
% Seniors | 17.1% | 17.1% |
% WFH | 16.6% | 133.8% |
% w/ College Degree | 38.6% | 25.7% |
As of the latest ACS Survey released in 2023, Longmont, CO is a predominantly white area, with 61.6% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Longmont, CO is hispanic, making up 30.6% of the population. Foreign-born residents account for 12.0% of the population in Longmont, CO, and this percentage has decreased by 12.4% 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 | 61.6% | -1.0% |
% Black | 1.6% | 45.5% |
% Hispanic | 30.6% | -7.0% |
% Asian | 1.5% | -21.1% |
% Foreign Born | 12.0% | -12.4% |
Mortgage and Risk — Longmont, CO
According to HUD data as of 2023, there were 632 mortgage originations in Longmont, CO, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Longmont, CO. Investor activity is low, as 4.0% 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 | 632 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% 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 13.5%. 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 | 1,148 |
Total Units Section 8 | 1,040 |
% Rentals under Section 8 | 13.5% |
% Occupied Section 8 | 89.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $250 | $1,400 | $1,650 |
| 2 Bedroom | $500 | $1,500 | $2,000 |
| 3 Bedroom | $210 | $2,400 | $2,610 |
| 4 Bedroom | $460 | $2,600 | $3,060 |
Affordability — Longmont, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.5 |
| Median Home Price | $485,000 |
| Median Household Income | $77,700 |