The housing market in Denver's 80205 zip code is very competitive and expensive, compared to the US median value of $338,100. The median home value in this area is $618,200, a difference of almost double the national average. In the last year alone, house appreciation has been strong in this area with an 8.27% increase in values across the United States and 7.83% increase in values for 80205 Denver specifically. This shows that while the market may be competitive and expensive, it is still a desirable place to own a home due to its steady growth over time.
The median home cost in Denver (zip 80205) is $618,200. Home appreciation the last 10 years has been 159.4%. Home Appreciation in Denver (zip 80205) is up 12.8%.
Average Age of Homes
- The median age of Denver (zip 80205) real estate is 65 years old
The Rental Market in Denver (zip 80205)
- Renters make up 47.4% of the Denver (zip 80205) population
- 1.9% of houses and apartments in Denver (zip 80205), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.