Real Estate Market Update for 80022 (Commerce City, CO)

Video: Real Estate Community Tour for 80022 (Commerce City, CO)

See Real estate community tour for 80022 (Commerce City, CO)
Welcome to December's Market Update. Let’s take a look at residential real-estate activity in your area during the month of November. The number of active listings was down 33% from one year earlier, and down 35% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 370-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 18%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 300-thousand dollars. The number of units sold was consistent year-over-year, and decreased 18% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 80022 (Commerce City, CO)
Area Information for 80022 (Commerce City, CO)
  • Population: 47,489
  • Median Age: 32.57 yr
  • Median Commute Time: 24 mins
  • Educational Climate*: 3
  • Sales Tax: 3%
  • Population Density: 1,029/sq mi
  • Population Change Since 2000: 80.04%
  • Closest Airport: Denver International
  • Closest College: Univ Of Co Denver-cllg Of Arts And Media
  • Closest Jr. College: Community College Of Denver-north
  • Median Household Income: $56,065
  • Annual Residential Turnover: 15%
  • Median Home Sales Price: $279,500
  • Closest Major Sports Team: Colorado Rapids
  • Change Avg. Household Income Since 2000: 56.66%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 80022 (Commerce City, CO)
Median Age: 32.57 Married: 38% Number of Households: 14,876 Households with Children: 6,524
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 80022 (Commerce City, CO)

      School Name Distance Type Grades School Rating Parent Rating
      Otho E Stuart Middle School 0.0 mi Public 6-8 1 0
      Second Creek Elementary School 1.4 mi Public PRESCHOOL-5 2 5
      Turnberry Elementary School 1.9 mi Public K-5 4 0
      Landmark Academy At Reunion 2.2 mi Public K-8 3 0
      Primrose School At Reunion 2.2 mi Private PRESCHOOL-K 0 0
      Adams City High School 5.0 mi Public 9-12 0 3
      Hanson Elementary School 5.0 mi Public PRESCHOOL-5 1 0
      Monaco Elementary School 5.2 mi Public K-5 0 0
      Dupont Elementary School 5.3 mi Public K-5 0 0
      Lester R Arnold High School 5.4 mi Public 10-12 0 0
      Kemp Elementary School 5.5 mi Public PRESCHOOL-5 0 0
      Victory Preparatory Academy Middle State Charter School 6.2 mi Public 6-11 4 0
      Community Leadership Academy 6.2 mi Public PRESCHOOL-5 3 0
      Mildred L Sanville Preschool 6.2 mi Public PRESCHOOL-PRESCHOOL 0 0
      Rose Hill Elementary School 6.3 mi Public PRESCHOOL-5 0 0
      Victory Preparatory Academy High State Charter School 6.3 mi Public 9-12 4 0
      Central Elementary School 6.4 mi Public PRESCHOOL-5 0 0
      Kearney Middle School 6.4 mi Public 6-8 0 0
      Stars Early Learning Center 6.5 mi Public PRESCHOOL-PRESCHOOL 0 0
      Adams City Middle School 6.5 mi Public 6-8 0 0
      Alsup Elementary School 6.6 mi Public K-5 1 0
      Rocky Mountain Lutheran High School 8.4 mi Private 9-12 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for 80022 (Commerce City, CO)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.