Why Live in Wheat Ridge
Wheat Ridge grew from an important agricultural area and Gold Rush-era rest stop to a Denver suburb before being incorporated in 1969. Today, its location is just as important as it was 170 years ago, with the Front Range, part of the Southern Rocky Mountains, 12 miles away. “Being on the west side of town, they have good access to the mountains,” says LaDawn Sperling, a Broker with Coldwell Banker Commercial. “People go to the mountains on the weekend.” During the week, there are trails, parks, small lakes, and golf courses to explore in this outdoors-focused community. Wheat Ridge doesn’t only offer convenient access to the Denver area's outdoors. It’s also just 6 miles from Downtown Denver’s businesses, restaurants, shops and event centers. “A lot of people travel to Denver for jobs,” says Sperling. Tech and aerospace jobs are common in the Mile High City at companies like Lockheed Martin and IBM. Intermountain Health Lutheran Hospital, located off Interstate 70, is also a major employer. The median home price in Wheat Ridge is $630,000, and some homes can sell for $2 million to $3 million. Prices are $210,000 higher than the national average of $420,000 and have steadily
Home Trends in Wheat Ridge, CO
On average, homes in Wheat Ridge, CO sell after 41 days on the market compared to the national average of 50 days. The median sale price for homes in Wheat Ridge, CO over the last 12 months is $619,963, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$619,963
Median Single Family Sale Price
$689,900
Median Townhouse Sale Price
$543,747
Median 2 Bedroom Sale Price
$310,000
Median 1 Bedroom Sale Price
$223,000
Average Price Per Sq Ft
$388
Number of Homes for Sale
111
Last 12 months Home Sales
478
Median List Price
$635,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-1%
