Real Estate in Thornton, CO
Updated 2026 β’ Housing market data from 1 zip code β’ Redfin data through January 2026
π Thornton, CO Market Activity
The Thornton housing market shows a median sale price of $429,500, 2.0% higher than last year. The price per square foot is $259, 259% above the national median of ~$215/sqft, down -6.0% year-over-year. Homes in Thornton spend a median of 49 days on market, longer than the national median of 42 days β giving buyers more negotiation room.
ποΈ Thornton Rental Market
The average rent in Thornton, CO is $2,161 per month. A 2-bedroom apartment rents for approximately $2,000/month, while a 3-bedroom home averages $2,520/month.
π¦ Thornton Housing Supply & Demand
There are 105 new listings and 102 active properties on the market.
π Thornton Market Competitiveness
Homes in Thornton sell for an average of 98.0% of their asking price. About 20% of properties sell above list price, indicating moderate buyer competition.
On average, homes sell for 98.0% of the asking price
20% of sales closed above asking, % at or below
π Housing Overview
Thornton, CO Housing Market Insights
Delve into the specifics of the real estate market in this area. Understanding key metrics such as the median home price of 414000, the balance between renting (27%) and owning (73%), and a population of 143282 provides valuable insights for potential buyers, sellers, and investors. It is important to note that neighborhood characteristics can vary drastically, and decisions should not solely rely on data available without visiting. Many factors can differ, so do consider inspecting areas in-person to avoid potential mismatches in choice.
Rent vs. Buy Analysis
With a median home price of $414,000 and average rents of $2,161/month, the median household income of $95,064 provides context for affordability in Thornton. Whether you're looking to buy property in Thornton or invest in Thornton real estate, understanding the price-to-rent ratio helps determine if renting or owning makes more financial sense for your situation. A 2-bedroom apartment rents for approximately $2,000/month, while a 3-bedroom house averages $2,520/month.
Economy & What Drives Thornton Real Estate
Real estate values in Thornton, CO are driven by local employment, school quality, and quality of life. The cost of living index of 93.3 (U.S. average = 100) reflects the overall affordability of the area. With a median household income of $95,064, residents have above-average purchasing power. Proximity to major employers, universities, and transportation corridors directly influences home values and demand across Thornton neighborhoods.
Pros & Cons
Pros
- β’Friendly community vibe
- β’Growing nightlife options
- β’Affordable living costs
- β’Vibrant local events
- β’Strong schools in area
- β’Diverse population
- β’Multiple parks for kids
- β’Access to nearby mountains
- β’Good job opportunities
- β’Easy commutes to Denver
Cons
- β’Occasional racism issues
- β’Some schools underperforming
- β’Weather can be unpredictable
- β’Economic disparities noted
- β’Higher crime rates reported
- β’Traffic congestion during rush
- β’Limited cultural activities
- β’Limited public transport options
- β’Less nightlife than Denver
- β’Budget constraints in city
Frequently Asked Questions
What is the cost of living in Thornton, CO? βΌ
The cost of living in Thornton, CO is 7% lower than the national average, with a cost of living index of 93 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown β
How much does it cost to buy or rent a home in Thornton, CO? βΌ
In Thornton, CO, The median home price is $414,000. requiring approximately $131,571 annual income to afford. Average rent is $2,161/month (requiring ~$86,453/year income). The local median household income is $95,064, making homeownership attainable for typical residents. Explore Thornton real estate data β
Is Thornton, CO a safe place to live? βΌ
Thornton, CO is an area where crime rates exceed the national average. The crime rate is 32.9 per 1,000 residents. Safety varies significantly by neighborhood. View detailed Thornton crime statistics β
What salary do you need to live comfortably in Thornton, CO? βΌ
To live comfortably in Thornton, CO and afford a median-priced home of $414,000, you would typically need a household income of $103,500 to $129,375 per year. The local median household income is $95,064. Renting requires approximately $86,453/year (at $2,161/month). See full affordability analysis β
Is Thornton, CO growing? βΌ
Thornton, CO has a population of 143,282. As a mid-to-large city, population trends depend on local housing development, job growth, and quality of life factors. The affordable housing market and strong job market attract new residents. See Thornton population demographics β
What are the best neighborhoods in Thornton, CO? βΌ
The best neighborhoods in Thornton, CO depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods throughout the city offer good value since the median home price of $414,000 is below the national average. Explore Thornton on our interactive map β
What is the commute like in Thornton, CO? βΌ
Commute times in Thornton, CO vary by neighborhood and workplace location. As a mid-size community, most residents rely on personal vehicles, though public transit options may be available. The affordable cost of living may allow for housing closer to employment centers. Explore commute times on our map β
How are the taxes in Thornton, CO? βΌ
Tax rates in Thornton, CO include state and local components. The cost of living index of 93 suggests a lower overall tax and expense burden cost environment compared to the national average. View detailed Thornton tax information β
How does Thornton, CO compare to nearby cities? βΌ
Thornton, CO offers a more affordable alternative to nearby communities. With a cost of living index of 93, median home prices of $414,000, and a crime rate of 32.87 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in Thornton, CO? βΌ
Weather in Thornton, CO varies by season. Climate data varies by season. View detailed Thornton climate & environment data β
Is it better to rent or buy in Thornton, CO? βΌ
With a median home price of $414,000 and average rents of $2,161/month, the price-to-rent ratio in Thornton is 16.0x. This suggests buying is reasonable for those planning to stay 5+ years. See full cost analysis β
What is the price per square foot in Thornton, CO? βΌ
The median price per square foot in Thornton is $259, which is 20% above the national median of ~$215/sqft. This reflects the area's demand, construction costs, and proximity to employment centers.
How fast do homes sell in Thornton, CO? βΌ
Homes in Thornton spend a median of 49 days on market before going under contract. This indicates homes take longer than the national median of 42 days, giving buyers more negotiating room. View full market data β
Explore More About Thornton, CO
π Last Updated: January 2026
Sources: U.S. Census Bureau, Zillow, Redfin