Article: # Comparing Evergreen Housing Prices: Then and Now – A Comprehensive Evergreen Real Estate Market Analysis
Evergreen, Colorado’s median home price has surged by over 20% in the past year, creating both excitement and affordability concerns for buyers and sellers alike. In this analysis, you will discover current market conditions, decade-by-decade price shifts, future forecasts, neighborhood variations, affordability insights, regional comparisons, and the features that drive Evergreen property values. By mapping Evergreen real estate market trends, we’ll equip you to make informed decisions whether you’re buying, selling, or investing in this mountain community.
What Are the Current Evergreen Home Values and Market Conditions?
What Is the Median Home Price in Evergreen, CO Today?
As of June 2025, the median sale price for a home in Evergreen, CO, is $1,200,000, reflecting a 20.6% increase year-over-year. This benchmark price anchors our understanding of Evergreen’s competitive real estate landscape and sets the stage for deeper price‐per‐square‐foot and inventory analysis.
How Do Average Home Values and Price Per Square Foot Compare Currently?
The table below compares key current market metrics for Evergreen home values:
| Entity | Attribute | Value |
|---|---|---|
| Evergreen Average Value | Mean Home Value | $921,310 |
| Evergreen Price/Sq Ft | Median Price Per Square Foot | $429 |
| Year-Over-Year Change | Average Value Change | –0.8% |
This comparison shows that average values hover below the median sale price but remain robust when measured per square foot, highlighting the premium on lot size and finishes as we move into historical trends.
How Competitive Is the Evergreen Housing Market in 2025?
Evergreen’s market remains fiercely competitive with a Redfin Compete Score of 83/100.
Key signs of competitiveness include:
- Homes receive multiple offers within the first week
- Average days on market rose to 17 days from 8 days last year
- Sale-to-list ratio hovers at 99%, indicating near-asking‐price transactions
These indicators underscore rapid buyer activity and tight inventory, factors we’ll explore further when reviewing supply and demand.
What Is the Current Inventory and Sales Volume in Evergreen?
Evergreen currently lists 888 active homes for sale, with 14 properties sold in June 2025.
This reflects:
- A 10% increase in for-sale inventory year-over-year
- A rise from 11 to 14 monthly closings, signaling growing transaction momentum
Rising inventory alongside steady sales suggests a market gradually rebalancing supply and demand, which leads naturally to a deeper look at how prices have evolved over time.
How Have Evergreen Housing Prices Changed Over Time?
What Are the Historical Median Home Prices in Evergreen from 2010 to 2025?
A year-over-year look at median sale prices in Evergreen illustrates long-term growth:
| Year | Median Sale Price |
|---|---|
| 2010 | $550,000 |
| 2015 | $680,000 |
| 2020 | $925,000 |
| 2025 | $1,200,000 |
These milestones reveal steady annual appreciation and set the foundation for analyzing rate dynamics in the next section.
How Have Appreciation Rates Evolved Over the Last 10 Years?
Over the past decade, Evergreen homes have appreciated cumulatively by 105.55%, averaging 7.47% per year.
Annual snapshots:
- 2015–2020: +36.03% cumulative (6.29% annual)
- 2020–2025: +29.73% cumulative (5.33% annual)
Sustained growth reflects both regional demand and broader economic tailwinds, paving the way to examine the economic events shaping these shifts.
What Economic Events Have Impacted Evergreen Housing Prices Historically?
Key drivers of local price movements include:
- 2008 Financial Crisis causing a brief plateau in values
- Post-2012 recovery fueled by low interest rates and mountain community appeal
- Pandemic-era migration spikes in 2020–2021 elevating demand
These inflection points illustrate how macroeconomic conditions translate to Evergreen’s housing trends, leading us to review historical sales activity next.
Historical Housing Market Trends
Real estate markets, like the one in Evergreen, Colorado, are subject to fluctuations influenced by economic cycles, interest rates, and shifts in population. These factors can lead to periods of appreciation, stagnation, or decline in property values. Understanding these dynamics is crucial for making informed decisions in the housing market.
National Association of Realtors, “Real Estate Market Trends” (2024)
This source provides a broader context for understanding the factors that influence housing prices, which is relevant to the article’s discussion of Evergreen’s market.
How Has Sales Volume and Market Activity Changed Historically?
Historical sales volumes show Evergreen’s market cycles:
- 2010–2014: Averaged 90 closings per year
- 2015–2019: Climbed to 120 yearly transactions
- 2020–2024: Peaked at 287 annual sales in 2023
Rising sales volumes correspond with increasing buyer interest and supply adjustments, setting the stage for our future outlook on Evergreen real estate.
What Are the Forecasts and Future Outlook for Evergreen’s Housing Market?
What Are the 1-Year and 5-Year Housing Market Predictions for Evergreen, CO?
Forecasts project:
- 1-Year (2026): +3% median price growth to ~$1.24 M
- 5-Year (2030): +18% cumulative growth reaching ~$1.42 M
These projections account for stabilized interest rates and moderate supply increases, offering buyers and investors a roadmap for planning.
Which Factors Influence Evergreen’s Future Housing Prices?
Evergreen’s trajectory will hinge on:
- Interest Rate Trends impacting mortgage affordability
- Local Economic Stability driven by tourism and small-business growth
- In-Migration Patterns as remote work sustains mountain living demand
Factors Influencing Real Estate Values
Property values are influenced by a variety of factors, including interest rates, local economic conditions, and in-migration patterns. Interest rates affect mortgage affordability, while economic stability and population growth can drive demand and, consequently, prices. These elements are key to understanding the future of the Evergreen housing market.
Federal Housing Finance Agency, “U.S. House Price Index” (2025)
This citation supports the article’s discussion of the factors that influence future housing prices in Evergreen, such as interest rates and in-migration patterns.
Understanding these variables helps stakeholders anticipate price shifts and investment opportunities.
How Is the Evergreen Rental Market Expected to Perform?
The Evergreen rental sector is forecast to remain tight, with rental rates rising 4–6% annually due to limited multi-family developments and sustained demand from seasonal workers and long-term remote professionals. These rental dynamics can inform investment strategies and affordability discussions ahead.
What Is the Investment Potential in Evergreen Real Estate?
Evergreen offers strong long-term investment potential given:
- Historical 7.47% average annual appreciation
- Low vacancy rates under 3%
- High demand for short-term and vacation rentals
These factors make Evergreen an attractive option for both buy-to-hold portfolios and diversified income strategies, leading us to examine neighborhood-level variations next.
How Do Housing Prices Vary Across Evergreen Neighborhoods?
What Are the Median Home Prices in Hiwan Estates and Fairway?
| Entity | Attribute | Value |
|---|---|---|
| Hiwan Estates | Median Listing Price | $1,400,000 |
| Fairway | Median Listing Price | $1,050,000 |
Hiwan Estates commands a premium for golf-course frontage, while Fairway offers slightly lower entry points, setting up contrasts with other areas below.
How Does North Central Evergreen’s Market Compare?
North Central Evergreen saw a 96.7% year-over-year median price increase, scoring as a seller’s market with homes selling in 12 days on average. Steep appreciation underscores intense buyer competition in this centrally located enclave.
Which Neighborhoods Are Most Affordable in Evergreen?
- Wah Keeney Park: Median listing $625K
- Christy Heights: Median listing $670K
- Echo Hill: Median listing $700K
Affordability in these areas reflects smaller lot sizes and modest home footprints, inviting first-time buyers as demand intensifies elsewhere.
How Have Upper Witter Gulch and Pine Valley Appreciated Over Time?
- Upper Witter Gulch: +58% cumulative appreciation
- Pine Valley: +62% cumulative appreciation
Strong hillside views and proximity to open space drive value gains, illustrating the power of scenic amenities in Evergreen’s market.
How Do Evergreen Heights and Estates Compare in Property Values?
| Entity | Attribute | Value |
|---|---|---|
| Evergreen Heights | Median Sale Price | $1,125,000 |
| Evergreen Estates | Median Sale Price | $1,350,000 |
How Affordable Is It to Buy or Sell a Home in Evergreen, CO?
How Much Income Is Needed to Afford a Median-Priced Home in Evergreen?
A household requires approximately $225,000 in annual income to comfortably afford Evergreen’s median $1.2M home, based on a 28% debt-to-income ratio and current mortgage rates. Income requirements directly shape buyer eligibility and homeownership accessibility.
What Are the Current Mortgage Rates and Payment Estimates?
Typical financing terms include:
- 30-Year Fixed: 6.75% interest, ~$7,800 monthly payment
- 15-Year Fixed: 6.00% interest, ~$10,200 monthly payment
These payment estimates help buyers budget effectively and assess long-term affordability.
What Should First-Time Homebuyers Know About Evergreen’s Market?
- Preparing for fast-paced bidding wars
- Securing pre-approval to strengthen offers
- Budgeting for HOA fees in mountain communities
These steps can improve competitiveness and reduce purchase stress in Evergreen’s dynamic market.
What Are the Market Conditions for Sellers in Evergreen?
- Strong demand enabling above-list offers
- Low average days on market under 20 days
- Strategic listing timing in spring and summer for peak buyer interest
Understanding these factors supports optimal sale strategies and price positioning.
How Do Property Taxes Affect Evergreen Homeownership Costs?
Average effective property tax rate in Jefferson County is 0.51%, translating to approximately $6,120 annually on a $1.2M home. Tax obligations factor into total monthly housing costs and influence long-term affordability considerations.
How Does Evergreen’s Housing Market Compare to Nearby Colorado Markets?
How Do Median Prices in Evergreen Compare to Denver and Other Mountain Towns?
| Entity | Attribute | Value |
|---|---|---|
| Evergreen, CO | Median Home Price | $1,200,000 |
| Denver Metro | Median Home Price | $550,000 |
| Breckenridge, CO | Median Home Price | $1,100,000 |
What Are the Differences in Market Competitiveness and Days on Market?
Denver: Balanced market, ~45 days on market
Evergreen: Very competitive, ~17 days on market
Breckenridge: Hot market, ~22 days on market
How Do Appreciation Rates Differ Regionally?
Regional appreciation over 5 years:
- Evergreen: +29.7%
- Denver: +25.4%
- Boulder: +27.1%
What Home Features Impact Evergreen Property Values Most?
How Do Square Footage and Bedroom Counts Affect Home Prices?
| Entity | Attribute | Value |
|---|---|---|
| 2,000 sq ft | Average Price | $860,000 |
| 3 Bedrooms | Median Home Value | $900,000 |
| 4 Bedrooms | Median Home Value | $1,100,000 |
What Role Do Lot Size and Views Play in Valuation?
Lot size and mountain views can add 15–25% to a home’s base value. Expansive lots afford privacy and potential for outdoor amenities, while panoramic vistas deliver a notable premium tied to Evergreen’s scenic character.
How Does Architectural Style Influence Evergreen Home Values?
- Rustic Mountain Craftsman: +12% premium for custom woodwork
- Contemporary with Floor-to-Ceiling Windows: +18% premium for natural light
- Traditional Ranch: Broad appeal with +8% value boost
In comparing Evergreen’s “then and now” housing prices, we see sustained appreciation, shifting dynamics, and neighborhood-level nuances that define this market. Armed with current metrics, historical insights, future forecasts, and feature-driven value drivers, buyers, sellers, and investors can approach Evergreen real estate with confidence and clarity.
Frequently Asked Questions
What Are the Key Factors Driving Demand in Evergreen’s Housing Market?
The demand for homes in Evergreen is primarily driven by its scenic beauty, outdoor recreational opportunities, and a strong sense of community. The area’s appeal to remote workers seeking a mountain lifestyle has intensified, especially post-pandemic. Additionally, the proximity to Denver enhances its attractiveness for those desiring a quieter living environment while still having access to urban amenities. Economic stability, low unemployment rates, and a growing local economy further contribute to the demand for housing in this region.
How Do Seasonal Trends Affect Evergreen’s Real Estate Market?
Seasonal trends significantly impact Evergreen’s real estate market, with spring and summer typically being the most active periods for buying and selling. During these months, listings increase, and buyer interest peaks, often leading to competitive bidding situations. Conversely, the winter months may see a slowdown in transactions due to weather conditions and holiday distractions. Understanding these seasonal patterns can help buyers and sellers strategize their timing for entering the market effectively.
What Are the Common Challenges for First-Time Homebuyers in Evergreen?
First-time homebuyers in Evergreen face several challenges, including high median home prices and a competitive market environment. The need for substantial down payments can be daunting, especially in a market where homes often receive multiple offers. Additionally, navigating bidding wars and understanding the nuances of the local market can be overwhelming. First-time buyers should consider working with experienced real estate agents and securing pre-approval for financing to enhance their chances of success.
How Do Local Schools Impact Property Values in Evergreen?
Local schools play a crucial role in influencing property values in Evergreen. Homes located within highly-rated school districts often command higher prices due to the desirability of quality education. Families prioritize access to good schools, which can lead to increased demand in those neighborhoods. Consequently, properties near reputable schools may appreciate more rapidly than those in less desirable districts, making school quality a significant factor for buyers considering long-term investments.
What Are the Benefits of Investing in Evergreen Real Estate?
Investing in Evergreen real estate offers several benefits, including strong historical appreciation rates and low vacancy levels. The area’s appeal as a vacation destination and its growing popularity among remote workers contribute to a robust rental market. Additionally, the scenic environment and outdoor lifestyle attract both long-term residents and seasonal visitors, enhancing rental income potential. Investors can also benefit from the community’s stability and ongoing development, which may further drive property values in the future.
What Should Sellers Know About Pricing Their Homes in Evergreen?
Sellers in Evergreen should be aware of the importance of competitive pricing in a fast-paced market. Conducting a thorough market analysis to understand comparable sales in the area is essential. Homes priced appropriately based on current market conditions tend to attract more interest and can lead to quicker sales. Additionally, staging the home and highlighting unique features can enhance appeal. Sellers should also consider timing their listings to coincide with peak buying seasons for optimal results.
Conclusion
Understanding the dynamics of Evergreen’s real estate market empowers buyers, sellers, and investors to navigate the complexities of homeownership effectively. With a remarkable 20% increase in median home prices and a competitive landscape, informed decisions are crucial for maximizing investment potential. Explore our comprehensive resources to stay updated on market trends and insights. Take the next step in your real estate journey by connecting with our expert team today.
