Metropolitan Statistical Area (MSA):
Greeley, CO is a Metropolitan Statistical Area (MSA) comprising counties including .
The Greeley, CO metropolitan statistical area (MSA) is located in the northern part of Colorado. The area is known for its agriculture and livestock production. The city of Greeley is the largest city in the MSA, with a population of over 100,000 people. The MSA also includes the cities of Fort Collins and Loveland.
The housing market in the Greeley MSA has been strong in recent years. Home prices have been rising steadily, and there is a low inventory of homes for sale. The average home price in the MSA was $360,000 in 2017, up from $350,000 in 2016. The median home price was $315,000 in 2017, up from $305,000 in 2016.
There are several factors driving the strong housing market in the Greeley MSA. One is population growth. The population of the MSA has been growing steadily for many years, due to both natural growth and net migration from other parts of Colorado and other states. This population growth has led to increased demand for housing, which has driven up prices. Another factor driving the strong housing market is job growth. The economy of the Greeley MSA has been strong in recent years, with many new businesses moving into the area and existing businesses expanding their operations. This job growth has led to increased demand for housing from people who are relocating to the area for work purposes.
The strong housing market in the Greeley MSA is expected to continue into 2018 and beyond. Population and job growth are expected to remain strong, which will continue to drive up demand for housing and lead to further increases in prices