The housing in 80231 Denver, CO is performing well above the national average. The median value of a house here is $467,500 compared to the US House Median Value of $338,100. The US 1 year House Appreciation rate is 8.27%, while the House 1 year appreciation rate in Denver is 7.83%. This suggests that the market for housing in this area remains strong and that homes are increasing in value faster than they are nationally. Therefore, it's a great place to consider investing in real estate as an option for long-term wealth accumulation.
The median home cost in Denver (zip 80231) is $467,500. Home appreciation the last 10 years has been 159.4%. Home Appreciation in Denver (zip 80231) is up 12.8%.
Average Age of Homes
- The median age of Denver (zip 80231) real estate is 37 years old
The Rental Market in Denver (zip 80231)
- Renters make up 59.3% of the Denver (zip 80231) population
- 4.4% of houses and apartments in Denver (zip 80231), 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.