Applewood, Colorado, is a suburban area near South Table Mountain, historically associated with farming and fruit orchards. Early settlers like the Bungers cultivated the land, laying the foundation for residential development. Today, it offers a quiet, upscale lifestyle with amenities like the Applewood Golf Course. Housing costs are high, with a median home value around $715,712. To uncover more about Applewood's development, community life, and market trends, exploring further provides insights into its evolution and current attractions.
Expert Highlights
- Applewood, Colorado, developed from farming and orchards.
- Early settlers like the Bungers cultivated apples and other fruits.
- The area is known for upscale residential living.
- Recreational activities include golf and hiking.
- Housing prices in Applewood are relatively high.
History and Development
The history and development of Applewood, Colorado, began with the pioneering efforts of settlers such as the Bungers, who arrived in Colorado from Indiana in 1883. They cultivated land, raising sons and daughters amidst the growth of fruit orchards and nurseries. This agricultural legacy mirrors the early development of Johnstown, Colorado with its rich farming traditions and close-knit community values.
Living in Applewood
Living in Applewood, Colorado, involves coping with the challenges of a relatively expensive suburban lifestyle, characterized by high housing costs and limited walkability, despite the area's desirable attributes and strategic location.
The median home value is approximately $715,712, with a median household income of $131,680. Residents enjoy a quiet residential feel with access to upscale amenities, though amenities like healthcare facilities may be limited.
Commute times are generally manageable, averaging around 22 to 27 minutes.
For comprehensive local information and municipal services, residents can reference nearby Littleton city resources when exploring the broader metro area.
Recreational and Cultural Activities
Numerous residents in Applewood, Colorado, find themselves surrounded by diverse recreational and cultural activities.
Residents in Applewood, Colorado, enjoy diverse recreational and cultural activities.
The area offers a mix of outdoor pursuits and community events, fostering a sense of community. Some notable activities include:
- Golfing at Applewood Golf Course, a par-71 course with scenic views.
- Outdoor Exploration, with nearby trails for hiking and biking.
- Community Events held at the golf course's event space, featuring gatherings and social activities.
Real Estate and Market Trends**
Over the past few months, Applewood, Colorado, has witnessed significant trends in real estate, highlighted by notable increases in home prices and inventory.
The median home price has risen to about $780,000, reflecting a year-over-year increase of 4%. Meanwhile, the total homes for sale have surged by 163.6%, offering buyers more options.
In Applewood West, the median sale price has fluctuated, with some reports indicating a significant increase, reaching up to $1.3 million, while others show a decline.
The competitive market in Applewood West is characterized by multiple offers and quick sales.
Expert Final Thoughts
Applewood, Colorado, offers a unique blend of history and modern living. Established as an agricultural hub, it evolved into suburban neighborhoods post-WWII. Residents enjoy access to various schools, parks, and golf courses. Applewood's real estate market is characterized by brick ranch homes, appealing to families seeking renovations. The area is part of the Denver–Aurora–Lakewood Metropolitan Statistical Area, with a 2020 population of 7,833 and an expanding housing market.
