Since April 2022, Colorado’s real estate market has cooled—what does that mean? Home prices have trended slightly downward and while there is not necessarily more inventory available, there are less buyers due to rising interest rates.

Orchard, a real estate company, recently analyzed Colorado cities for quality of life, home affordability, and housing market competition to identify the top cities where housing is relatively affordable, homebuying isn’t as competitive, and there’s a high standard of living.

1. Firestone

Located in Weld County, affordable home prices and high quality of life make this city a real steal.

2. Erie

The proximity to Denver and Boulder and top-ranking schools (when compared to others on the list) make this a popular destination for young professionals but does result in higher list prices than other cities on the list.

3. Cimarron Hills

Located east of Colorado Springs, the city offers a low median listing price, outdoor recreational opportunities, and a growing economy.

4. Parker

Proximity to Denver and Colorado Springs, quality public schools, and plenty of community events make this city desirable to families, resulting in the steepest competition for housing on the list.

5. Pueblo West

Offering natural beauty and a short commute to Colorado Springs, this city also has the lowest cost per square foot of all cities on the list.

6. Colorado Springs

With a lower median listing price, stunning mountain views, and less buyer competition, with homes staying on the market an average of 64 days, this city is worth a look.

7. Littleton

Located by Denver and with easy access to the Rocky Mountains, Littleton also offers high-quality schools and, surprisingly, the least amount of competition.

8. Welby

While featuring the lowest listing price, the city also has the highest cost per square foot. Proximity to Denver and many parks and open spaces helps are impactful features that help make this city a recommended place to live.

9. Highlands Ranch

Around 12 miles south of Denver, this community is known for great schools and natural amenities, and so it should be no surprise that this city has the highest listing prices on the list.

10.  Centennial

Rounding out the top 10, Centennial is one of Colorado’s newest cities. Home to several large employers, it is also just 15 miles south of Denver and offers excellent public schools.

Learn more and view the remaining five cities on Orchard’s list at orchard.com.

Source: orchard.com