Longmont, CO—80503
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 $729,000, with a year-over-year change of -2.4%. This indicates that home prices in Longmont, CO are decreasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $729,000 | -2.4% |
| Single Family | $753,000 | -2.5% |
| Condos | $403,000 | -5.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $258,000 | -8.8% |
2 Bed | $486,000 | -5.3% |
3 Bed | $651,000 | -2.3% |
4 Bed | $803,000 | -2.3% |
| 5 Bed | $1,077,000 | -2.2% |
% of Housing Stock
Rental Trends — Longmont, CO
As of July '25, Rentcast reports the average rent in Longmont, CO is $2,270, with a year-over-year rent change of -5.4%. Per bedroom, the median rent as of July '25 in Longmont, CO is studios: $1,670, 1-bedrooms: $1,560, 2-bedrooms: $1,860, 3-bedrooms: $2,740, 4-bedrooms: $3,240. The most common rental property sizes in Longmont, CO are 2-bedroom and 1-bedroom, accounting for 42.0% and 32.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,270 |
| Studio Rent | $1,820 | $1,670 |
| 1 Bed Rent | $1,650 | $1,560 |
| 2 Bed Rent | $1,800 | $1,860 |
| 3 Bed Rent | $2,750 | $2,740 |
| 4 Bed Rent | $3,000 | $3,240 |
% 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 62. This is a increase of 3.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $849,000 | 0.0% |
Listing Count | 194 | 15.0% |
| Listings as % of Homes | 0.5% | 15.0% |
Days on Market | 62 | 3.0% |
Demographics — Longmont, CO
As of the latest ACS Survey released in 2023, Longmont, CO has a population of 36,200, which has increased by 4.1% over the past 5 years. Longmont, CO is a moderately popular place for families, as children make up 19.5% of the population. The area has a highly educated workforce, with 60.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 36,200 | 4.1% |
% Under 18 | 19.5% | -18.1% |
% Seniors | 19.1% | 21.7% |
% WFH | 26.4% | 127.6% |
% w/ College Degree | 60.2% | 1.3% |
As of the latest ACS Survey released in 2023, Longmont, CO is a predominantly white area, with 81.5% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Longmont, CO is hispanic, making up 9.5% of the population. Foreign-born residents account for 8.8% of the population in Longmont, CO, and this percentage has decreased by 5.4% 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 | 81.5% | -0.9% |
% Black | 0.4% | -60.0% |
% Hispanic | 9.5% | -3.1% |
% Asian | 5.0% | 8.7% |
% Foreign Born | 8.8% | -5.4% |
Mortgage and Risk — Longmont, CO
According to HUD data as of 2023, there were 531 mortgage originations in Longmont, CO, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Longmont, CO. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 531 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Longmont, CO
As of 2024, the percent of homes in Longmont, CO under the Section 8 program is 6.0%. 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. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Longmont, CO, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 342 |
Total Units Section 8 | 324 |
% Rentals under Section 8 | 6.0% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $30 | $1,650 | $1,680 |
| 2 Bedroom | $230 | $1,800 | $2,030 |
| 3 Bedroom | -$80 | $2,750 | $2,670 |
| 4 Bedroom | $60 | $3,000 | $3,060 |
Affordability — Longmont, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.3 |
| Median Home Price | $729,000 |
| Median Household Income | $118,000 |