Real Estate Market Update for 80229 (Denver, CO)

Video: Real Estate Community Tour for 80229 (Denver, CO)

See Real estate community tour for 80229 (Denver, CO)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 3% from one year earlier, and down 16% 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 370-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 83%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 280-thousand dollars. The number of units sold increased 35% year-over-year, and increased 26% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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 80229 (Denver, CO)
Area Information for 80229 (Denver, CO)
  • Population: 52,481
  • Median Age: 32.21 yr
  • Median Commute Time: 27 mins
  • Educational Climate*: 3
  • Sales Tax: 3%
  • Population Density: 3,987/sq mi
  • Population Change Since 2000: 30.05%
  • Closest Airport: Denver International
  • Closest College: Itt Technical Institute
  • Closest Jr. College: Everest College
  • Median Household Income: $48,339
  • Annual Residential Turnover: 16%
  • Median Home Sales Price: $209,950
  • Closest Major Sports Team: Colorado Rapids
  • Change Avg. Household Income Since 2000: 18.74%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 80229 (Denver, CO)
Median Age: 32.21 Married: 36% Number of Households: 17,889 Households with Children: 6,642
    • 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 80229 (Denver, CO)

      School Name Distance Type Grades School Rating Parent Rating
      Monterey Community School 0.2 mi Public PRESCHOOL-8 1 0
      Clayton Partnership School 0.3 mi Public K-8 2 0
      Academy High School 0.3 mi Public 9-12 1 3
      Mapleton Expeditionary School Of The Arts 0.3 mi Public 7-12 1 4
      Mapleton Early College 0.3 mi Public 9-12 1 3
      A Child's Touch 0.6 mi Private PRESCHOOL-K 0 0
      Achieve Academy 0.6 mi Public K-8 0 0
      Explore Elementary School 0.7 mi Public K-6 1 0
      York International 0.7 mi Public K-12 1 0
      Coronado Hills Elementary School 0.7 mi Public PRESCHOOL-5 0 0
      Mc Elwain Elementary School 0.8 mi Public K-5 0 0
      Meadow Community School 1.0 mi Public PRESCHOOL-8 1 0
      Assumption Catholic School 1.0 mi Catholic PRESCHOOL-8 0 0
      Thornton Elementary School 1.1 mi Public K-5 0 0
      Welby New Technology 1.2 mi Public PRESCHOOL-6 2 0
      Thornton High School 1.4 mi Public 9-12 0 3
      Thornton Middle School 1.4 mi Public 6-8 0 0
      Bollman Technical Education Center 1.4 mi Public 10-12 0 0
      The New America School 3.0 mi Public 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 80229 (Denver, 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.