The story of this market
The typical home in Severance, Colorado sells for about $492,500, or $232 per square foot.
Prices are down 2% from a year ago, which gives buyers more room to negotiate. Homes take about 60 days to sell. HUD's fair market rent for a two-bedroom is $2,569 a month.
Monthly price momentum
Home values since 2015
+0.4%
CO · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Severance, Colorado
Severance is currently a balanced housing market, with a median sale price of $492,500 and 3.8 months of supply. The town's rapid population growth and relative affordability compared to neighboring cities continue to drive demand for new single-family construction. While year-over-year prices have seen a slight decline, the market remains competitive for well-priced inventory.
No ARED county foreclosure postings attributed to Severance yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 1.2% year over year.
Homes spend a median of 28 days on market with 3.9 months of supply — a fast-moving market.
47% of listings have cut prices · homes sell at 99% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 5.2% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A local community park providing green space and recreational facilities for residents.
A neighborhood park contributing to the town's outdoor amenity base.
Severance is ideal for family buyers seeking larger lot sizes and modern, craftsman-style homes at a lower price point than neighboring Fort Collins or Windsor. It attracts commuters who work in the Northern Colorado region but prefer a quieter, suburban environment.
Schools serving Severance are generally well-regarded, with the town primarily served by the Weld County Re-4 School District, which maintains a B+ rating for several of its campuses.
Severance is primarily car-dependent, with residents commuting to nearby Northern Colorado employment hubs via regional highway corridors.
Severance offers a small-town atmosphere with access to local parks like Blue Spruce and Karen Suman, and proximity to the broader Northern Colorado trail and recreation network.
The rental market is characterized by a high share of single-family detached homes, with limited multi-family inventory and a median gross rent of $2,569.
The local economy is closely tied to the broader Weld County region, with major employment anchors including JBS Foods, the University of Northern Colorado, and the Weld County Re-4 School District.
Severance has experienced rapid population growth, more than doubling since 2018, driven by its appeal as an affordable alternative to larger Northern Colorado hubs.
The town is currently undergoing significant residential expansion, with multiple new subdivisions in various stages of development to accommodate rapid population growth.
Parcels in Severance are primarily served by the Weld County Re-4 School District.
The area is subject to standard Colorado climate risks, including wind and wildfire potential, though specific local hazard mapping is not determinable.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Colorado) — Statutory Agricultural Land Reclassification and Improvement Valuation: Under C.R.S. § 39-1-102(1.6)(a)(I), up to two acres of land directly underlying a residential improvement on agricultural parcels are segregated and assessed at residential rates (6.80% / 7. State (Colorado) — Senior and Disabled Veteran Property Tax Homestead Exemption: Exempts 50% of the first $200,000 of actual market value of the qualifying primary residential parcel from property taxation (a maximum actual value deduction of $100,000). State (Colorado) — Colorado Split Residential Property Tax Assessment Rate Structure: Imposes annual ad valorem property taxes determined using a bifurcated assessment rate system. Assessed Value = Actual (Market) Value × Assessment Rate. Beginning for tax years 2025/2026, residential property is assessed at 6.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from U.S. Census Bureau QuickFacts and Census Reporter.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.