Friday Fun Facts: Best Mountain Towns To Buy Property In The Next 5 Years
Fort Collins keeps landing on “best places to live” lists, proving it’s a top-tier city for anyone looking for an awesome hometown. So it’s no surprise that it was recently named one of the four best mountain towns to buy a home in the next five years by GoMortageRates.com.
With an average home price of $554,755 and a modest 0.9% price change in the last 12 months, Fort Collins is experiencing steady growth. Located 60 miles north of Denver and home to Colorado State University, the city offers a family-friendly environment with excellent schools, a robust job market, a thriving arts community and outstanding outdoor recreation.
The COVID-19 pandemic triggered an unprecedented urban exodus, with remote work opportunities and health concerns driving Americans to less populated mountain regions, a migration that continues even years later. Fort Collins and three other mountain towns offer promising real estate opportunities for those seeking a different pace of life.
Curious what other towns made the list? Here they are:
Bend, Oregon
- Average home price: $728,226
- Strong rental demand from residents and tourists
- Solid property appreciation potential
- Attractive for diverse investment strategies
Blue Ridge, Georgia
- Average home price: $491,808
- Year-round tourism driving real estate market
- Growing population with quality of life amenities
- Robust short-term and long-term rental markets
Seattle, Washington
- Average home price: $848,982
- Home to 17 Fortune 500 companies
- Unique mountain town with strong economic fundamentals
- Expected population growth of 1 million by 2040
- Challenging housing supply due to geographical constraints
Source: GoBankingRate.com
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