Broomfield County, Colorado Housing Market

In Broomfield County, Colorado, the median home value is $664,500, with a median monthly rent of $2,126. This places Broomfield County at #61 nationally out of 3134 counties by median home value, and #11 within Colorado.

Median Home Value $664,500
Median Rent $2,126/mo
Owner Occupancy 62.7%
Price/Rent Ratio 26.0

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Broomfield County rose +1.6% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

38,594
jobs (private sector)
  • Avg weekly wage: $2,343
  • Establishments: 3,552
  • BLS QCEW, 2025
🏗️

Housing Supply

970
new units authorized (2025)
  • Single-family: 76
  • Multi-family: 894
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+3354
net migration (filers, 2021-2022)
  • Inflow: 34,562 (avg $135,681)
  • Outflow: 31,208 (avg $141,367)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Broomfield County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 80021 287.2 +0.66% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Broomfield County Compares

MetricBroomfield CountyColorado AverageU.S. Average
Median Home Value $664,500 $427,512 $227,706
Median Gross Rent $2,126 $1,302 $968
Owner Occupancy Rate 62.7% 71.9% 73.3%
Price/Rent Ratio 26.0 26.3 18.7

Market Analysis

The median home value in Broomfield County is 55.4% above the Colorado state average and 191.8% above the U.S. national average. The median rent of $2,126/month is 63.3% above the state average.

With a price-to-rent ratio of 26.0, Broomfield County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Broomfield County has an owner-occupancy rate of 62.7%, compared to 71.9% in Colorado and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Chaffee County Colorado $665,700 $1,611
Westchester County New York $663,200 $1,951
Gallatin County Montana $667,600 $1,694
Hood River County Oregon $660,000 $1,417
Valley County Idaho $657,000 $1,117

Other Counties in Colorado

CountyMedian Home ValueMedian RentOwner Occ.
Chaffee County $665,700 $1,611 74.1%
Jefferson County $637,600 $1,861 70.7%
Gunnison County $621,800 $1,252 66.8%
Elbert County $709,800 $1,311 95.0%
Denver County $616,000 $1,831 48.8%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).