The market in numbers
$545K
Typical home value across the metro's 126 ZIP codes, August 2026
−1.5%
Change in the typical home value over the past 12 months
14 of 126
ZIP codes where home values are higher than a year ago
+1.0%
Typical yearly price growth over the past five years
$2,000
Typical monthly rent, in the 90 ZIP codes with rent data
4.5%
Typical gross rental yield: a year's rent over the home value
5.4×
Typical home value as a multiple of local median household income
+0.1%
Forecast for home values over the next 12 months, typical ZIP code
Home values over the last two years
The typical home in the Denver metro was worth $569,400 in September 2024 and $545,200 in August 2026, a change of −4.3% over two years. The high point of the period came in January 2025, at $575,000, and values are 5.2% below it today.
Where prices are rising fastest
The ten Denver ZIP codes with the strongest change in home values over the past twelve months.
| ZIP code | Area | Home value | 12 months | 5 yrs, per year |
|---|---|---|---|---|
| 80832 | Ramah | $453,800 | +7.0% | +2.6% |
| 80828 | Limon | $283,400 | +4.2% | +2.0% |
| 80835 | Simla | $334,900 | +3.5% | +2.8% |
| 80117 | Kiowa | $691,900 | +2.2% | +2.4% |
| 80206 | Denver | $842,800 | +1.7% | +0.9% |
| 80209 | Denver | $954,200 | +1.6% | +1.8% |
| 80449 | Hartsel | $395,200 | +1.3% | +4.3% |
| 80101 | Agate | $495,800 | +1.0% | −0.8% |
| 80116 | Franktown | $1,047,800 | +0.4% | +1.7% |
| 80215 | Lakewood | $668,000 | +0.4% | +1.8% |
Where prices are falling
112 of the metro's ZIP codes are below where they were a year ago. These are the ten largest declines.
| ZIP code | Area | Home value | 12 months | From its peak |
|---|---|---|---|---|
| 80247 | Denver | $252,500 | −7.0% | −20.7% |
| 80014 | Aurora | $345,800 | −5.3% | −15.8% |
| 80203 | Denver | $339,300 | −5.2% | −18.6% |
| 80427 | Central City | $408,700 | −5.2% | −11.5% |
| 80137 | Watkins | $526,400 | −4.8% | −13.5% |
| 80231 | Denver | $398,400 | −4.5% | −15.8% |
| 80475 | Grant | $523,200 | −4.2% | −9.6% |
| 80019 | Aurora | $503,500 | −4.1% | −11.9% |
| 80422 | Black Hawk | $551,300 | −4.0% | −4.6% |
| 80107 | Elizabeth | $653,300 | −3.8% | −7.8% |
Best rental yields
Gross yield is a year's rent divided by the home value, before costs. These are the 10 highest yields among the 90 Denver ZIP codes with a rent index.
| ZIP code | Area | Home value | Monthly rent | Gross yield | Rent, 12 months |
|---|---|---|---|---|---|
| 80247 | Denver | $252,500 | $1,700 | 8.2% | −5.7% |
| 80216 | Denver | $348,500 | $2,000 | 6.7% | −0.2% |
| 80219 | Denver | $415,500 | $2,300 | 6.7% | −1.0% |
| 80018 | Aurora | $532,400 | $2,800 | 6.4% | +4.7% |
| 80019 | Aurora | $503,500 | $2,600 | 6.2% | +0.1% |
| 80022 | Commerce City | $464,900 | $2,400 | 6.2% | +0.9% |
| 80015 | Centennial | $540,600 | $2,800 | 6.1% | +0.3% |
| 80014 | Aurora | $345,800 | $1,700 | 5.7% | −0.5% |
| 80640 | Commerce City | $496,600 | $2,400 | 5.7% | +6.2% |
| 80602 | Thornton | $637,500 | $3,000 | 5.6% | +1.3% |
Most affordable against local incomes
Home value divided by the median household income of the people who live in the ZIP code. A lower multiple means homes cost fewer years of local earnings. The metro typical is 5.4×.
| ZIP code | Area | Home value | Median income | Price to income |
|---|---|---|---|---|
| 80018 | Aurora | $532,400 | $136,900 | 3.9× |
| 80019 | Aurora | $503,500 | $129,200 | 3.9× |
| 80137 | Watkins | $526,400 | $134,900 | 3.9× |
| 80247 | Denver | $252,500 | $64,500 | 3.9× |
| 80125 | Littleton | $717,700 | $180,000 | 4.0× |
| 80238 | Denver | $745,900 | $180,900 | 4.1× |
| 80109 | Castle Rock | $649,200 | $155,000 | 4.2× |
| 80828 | Limon | $283,400 | $67,700 | 4.2× |
| 80602 | Thornton | $637,500 | $151,700 | 4.2× |
| 80640 | Commerce City | $496,600 | $117,400 | 4.2× |
Who is moving in
Household moves between the 2022 and 2023 tax years. Migration is measured by county, so the figures cover each county in the metro rather than single ZIP codes. 8 of the metro's 11 counties gained households. The last column is how much more, or less, the average arriving household earned than the average household that left.
| County | Net households | Net income moved | Arrivals vs leavers, per household |
|---|---|---|---|
| Douglas County | +5,252 | +$694.5M | +$3,516 |
| Denver County | +4,282 | −$543.7M | −$9,971 |
| Jefferson County | +3,582 | +$320.3M | +$349 |
| Arapahoe County | +3,018 | −$61.2M | −$5,771 |
| Elbert County | +524 | +$80.9M | +$13,626 |
| Broomfield County | +434 | −$4.8M | −$4,018 |
| Park County | +94 | +$40.7M | +$20,515 |
| Clear Creek County | +50 | +$23.6M | +$21,559 |
| Gilpin County | −64 | +$6.9M | +$21,968 |
| Lincoln County | −144 | −$7.9M | −$5,551 |
| Arapahoe County | −3,504 | −$960.3M | −$10,710 |
What CITIZEN sees
CITIZEN grades every US ZIP code on one national scale, reading price and its direction, rent, local earnings, resident equity and where buyers and their money are arriving from. Grades are ranks: an A is the top 10% of the country, an F the bottom 10%. In the Denver metro, 0 of 126 ZIP codes grade A and 15 grade F. Which ones, and why, is in CITIZEN.
All 126 ZIP codes
Every ZIP code in the metro with a home value, in numerical order.
Show all 126 ZIP codes
| ZIP code | Area | Home value | 12 months | 5 yrs, per year | Monthly rent | Gross yield |
|---|---|---|---|---|---|---|
| 80002 | Arvada | $550,400 | −2.1% | +1.0% | $2,200 | 4.7% |
| 80003 | Arvada | $519,700 | −2.9% | +1.1% | $1,600 | 3.8% |
| 80004 | Arvada | $593,300 | −2.3% | +1.2% | $2,000 | 4.1% |
| 80005 | Arvada | $637,000 | −1.1% | +1.3% | $2,300 | 4.4% |
| 80007 | Arvada | $838,700 | −1.3% | +1.5% | $3,300 | 4.7% |
| 80010 | Aurora | $389,100 | −3.3% | +0.1% | $1,500 | 4.8% |
| 80011 | Aurora | $400,100 | −2.7% | +0.6% | $1,600 | 4.9% |
| 80012 | Aurora | $386,500 | −3.7% | +0.1% | $1,500 | 4.7% |
| 80013 | Aurora | $459,400 | −2.5% | +0.5% | $2,100 | 5.4% |
| 80014 | Aurora | $345,800 | −5.3% | −0.5% | $1,700 | 5.7% |
| 80015 | Centennial | $540,600 | −1.5% | +1.0% | $2,800 | 6.1% |
| 80016 | Aurora | $734,700 | −0.6% | +1.7% | $2,000 | 3.3% |
| 80017 | Aurora | $398,800 | −2.8% | +0.8% | $1,600 | 4.8% |
| 80018 | Aurora | $532,400 | −1.8% | +1.1% | $2,800 | 6.4% |
| 80019 | Aurora | $503,500 | −4.1% | +0.4% | $2,600 | 6.2% |
| 80020 | Broomfield | $566,600 | −0.7% | +1.3% | $2,200 | 4.7% |
| 80021 | Westminster | $546,700 | −1.4% | +0.9% | $1,900 | 4.3% |
| 80022 | Commerce City | $464,900 | −3.6% | +0.3% | $2,400 | 6.2% |
| 80023 | Broomfield | $816,700 | +0.3% | +2.2% | $2,000 | 3.0% |
| 80030 | Westminster | $433,100 | −2.4% | +0.6% | $1,300 | 3.7% |
| 80031 | Westminster | $498,000 | −2.2% | +0.7% | $2,300 | 5.5% |
| 80033 | Wheat Ridge | $585,200 | −2.3% | +0.7% | $1,800 | 3.8% |
| 80101 | Agate | $495,800 | +1.0% | −0.8% | n/a | n/a |
| 80102 | Bennett | $513,700 | −1.9% | +1.4% | n/a | n/a |
| 80103 | Byers | $555,400 | −0.5% | +2.1% | n/a | n/a |
| 80104 | Castle Rock | $604,700 | −1.0% | +1.5% | $2,400 | 4.8% |
| 80105 | Deer Trail | $384,700 | −2.0% | +1.4% | n/a | n/a |
| 80107 | Elizabeth | $653,300 | −3.8% | +0.9% | n/a | n/a |
| 80108 | Castle Pines | $864,000 | −0.6% | +1.6% | $2,300 | 3.2% |
| 80109 | Castle Rock | $649,200 | −1.5% | +1.5% | $2,700 | 5.0% |
| 80110 | Sheridan | $481,500 | −1.4% | +0.4% | $1,600 | 4.1% |
| 80111 | Greenwood Village | $888,500 | −0.7% | +2.1% | $2,000 | 2.7% |
| 80112 | Centennial | $599,400 | −2.6% | +1.2% | $2,000 | 4.0% |
| 80113 | Cherry Hills Village | $628,800 | −2.3% | +0.5% | $1,900 | 3.6% |
| 80116 | Franktown | $1,047,800 | +0.4% | +1.7% | n/a | n/a |
| 80117 | Kiowa | $691,900 | +2.2% | +2.4% | n/a | n/a |
| 80118 | Larkspur | $943,700 | −1.1% | +2.2% | n/a | n/a |
| 80120 | Littleton | $597,000 | −1.6% | +1.4% | $1,900 | 3.9% |
| 80121 | Centennial | $683,000 | −1.5% | +1.4% | n/a | n/a |
| 80122 | Centennial | $621,500 | −1.1% | +1.7% | $2,500 | 4.8% |
| 80123 | Littleton | $586,000 | −1.7% | +1.2% | $2,000 | 4.1% |
| 80124 | Lone Tree | $784,500 | −2.4% | +0.7% | $2,100 | 3.2% |
| 80125 | Littleton | $717,700 | −2.4% | +0.9% | $2,700 | 4.6% |
| 80126 | Highlands Ranch | $734,200 | −1.9% | +1.5% | $3,000 | 4.9% |
| 80127 | Littleton | $660,000 | −1.3% | +1.4% | $2,100 | 3.8% |
| 80128 | Littleton | $584,100 | −2.2% | +1.3% | $2,200 | 4.6% |
| 80129 | Highlands Ranch | $665,300 | −1.8% | +1.1% | $2,300 | 4.1% |
| 80130 | Highlands Ranch | $676,100 | −1.8% | +1.3% | $2,800 | 4.9% |
| 80131 | Louviers | $532,900 | −1.0% | +1.7% | n/a | n/a |
| 80134 | Parker | $668,900 | −1.5% | +1.1% | $2,400 | 4.3% |
| 80135 | Sedalia | $929,300 | −0.2% | +2.2% | n/a | n/a |
| 80136 | Strasburg | $529,700 | −3.0% | +0.7% | n/a | n/a |
| 80137 | Watkins | $526,400 | −4.8% | −0.4% | n/a | n/a |
| 80138 | Parker | $712,000 | −1.7% | +1.4% | $2,000 | 3.4% |
| 80202 | Denver | $538,200 | −3.0% | −2.0% | $2,100 | 4.6% |
| 80203 | Denver | $339,300 | −5.2% | −2.2% | $1,600 | 5.6% |
| 80204 | Denver | $517,800 | −2.6% | −1.1% | $2,000 | 4.6% |
| 80205 | Denver | $558,500 | −1.8% | −1.0% | $2,100 | 4.4% |
| 80206 | Denver | $842,800 | +1.7% | +0.9% | $1,900 | 2.6% |
| 80207 | Denver | $577,100 | −1.5% | −0.2% | $2,600 | 5.4% |
| 80209 | Denver | $954,200 | +1.6% | +1.8% | $2,200 | 2.8% |
| 80210 | Denver | $816,600 | +0.3% | +1.0% | $2,100 | 3.0% |
| 80211 | Denver | $691,700 | −1.6% | −0.4% | $2,200 | 3.8% |
| 80212 | Denver | $718,100 | −1.3% | +0.2% | $2,500 | 4.2% |
| 80214 | Lakewood | $529,300 | −2.1% | +0.6% | $1,600 | 3.6% |
| 80215 | Lakewood | $668,000 | +0.4% | +1.8% | $1,700 | 3.1% |
| 80216 | Denver | $348,500 | −3.3% | −0.9% | $2,000 | 6.7% |
| 80218 | Denver | $479,900 | −2.3% | −1.3% | $1,500 | 3.8% |
| 80219 | Denver | $415,500 | −3.0% | −0.3% | $2,300 | 6.7% |
| 80220 | Denver | $641,800 | +0.1% | −0.1% | $1,800 | 3.3% |
| 80221 | Denver | $444,600 | −3.0% | +0.1% | $2,000 | 5.3% |
| 80222 | Denver | $545,800 | −2.2% | −0.1% | $1,800 | 3.9% |
| 80223 | Denver | $442,700 | −3.0% | −0.6% | $2,000 | 5.4% |
| 80224 | Denver | $550,800 | −0.4% | +0.6% | $1,600 | 3.5% |
| 80226 | Lakewood | $537,600 | −2.4% | +0.7% | $1,900 | 4.2% |
| 80227 | Lakewood | $522,400 | −2.0% | +0.8% | $1,800 | 4.1% |
| 80228 | Lakewood | $636,600 | −1.0% | +1.6% | $1,900 | 3.5% |
| 80229 | Thornton | $416,600 | −2.8% | +0.9% | $1,600 | 4.7% |
| 80230 | Denver | $760,200 | 0.0% | +0.6% | $1,900 | 3.1% |
| 80231 | Denver | $398,400 | −4.5% | −0.6% | $1,500 | 4.5% |
| 80232 | Lakewood | $518,700 | −2.7% | +0.8% | $1,600 | 3.7% |
| 80233 | Thornton | $460,000 | −2.4% | +1.0% | $1,700 | 4.3% |
| 80234 | Westminster | $514,100 | −3.0% | +0.9% | $1,800 | 4.2% |
| 80235 | Lakewood | $430,100 | −2.3% | +1.2% | $1,900 | 5.3% |
| 80236 | Denver | $504,900 | −2.5% | −0.1% | $1,900 | 4.5% |
| 80237 | Denver | $489,400 | −3.4% | −0.3% | $1,800 | 4.5% |
| 80238 | Denver | $745,900 | −1.2% | +0.6% | $2,100 | 3.5% |
| 80239 | Denver | $421,000 | −2.5% | +0.5% | $1,800 | 5.0% |
| 80241 | Thornton | $506,000 | −2.2% | +0.9% | $1,900 | 4.6% |
| 80246 | Denver | $567,700 | −0.3% | +0.7% | $1,400 | 3.0% |
| 80247 | Denver | $252,500 | −7.0% | −1.5% | $1,700 | 8.2% |
| 80249 | Denver | $453,100 | −3.5% | +0.3% | $2,000 | 5.2% |
| 80260 | Federal Heights | $394,000 | −3.5% | +0.7% | $1,500 | 4.6% |
| 80401 | Golden | $828,100 | −0.2% | +2.6% | $2,200 | 3.1% |
| 80403 | Golden | $860,000 | −0.1% | +2.7% | $2,700 | 3.8% |
| 80420 | Alma | $609,600 | −0.9% | +3.8% | n/a | n/a |
| 80421 | Bailey | $544,600 | −1.1% | +1.7% | n/a | n/a |
| 80422 | Black Hawk | $551,300 | −4.0% | +2.0% | n/a | n/a |
| 80427 | Central City | $408,700 | −5.2% | +0.1% | n/a | n/a |
| 80432 | Como | $437,300 | −3.3% | +2.7% | n/a | n/a |
| 80433 | Conifer | $739,300 | −3.1% | +1.3% | $3,400 | 5.5% |
| 80436 | Downieville-Lawson-Dumont | $479,500 | +0.2% | +1.2% | n/a | n/a |
| 80438 | Empire | $349,800 | −3.7% | −0.7% | n/a | n/a |
| 80439 | Evergreen | $888,400 | −1.6% | +1.3% | $2,900 | 3.9% |
| 80440 | Fairplay | $599,900 | −1.8% | +3.5% | $2,600 | 5.2% |
| 80444 | Georgetown | $470,400 | −0.5% | +2.8% | $1,800 | 4.7% |
| 80448 | Bailey | $569,300 | −1.5% | +2.1% | n/a | n/a |
| 80449 | Hartsel | $395,200 | +1.3% | +4.3% | n/a | n/a |
| 80452 | Idaho Springs | $481,000 | −1.4% | +2.3% | n/a | n/a |
| 80453 | Idledale | $573,100 | −2.5% | +0.6% | n/a | n/a |
| 80454 | Indian Hills | $671,900 | −2.1% | +0.9% | n/a | n/a |
| 80456 | Jefferson | $447,300 | −2.4% | +3.1% | n/a | n/a |
| 80457 | Evergreen | $506,000 | −1.2% | +1.3% | n/a | n/a |
| 80465 | Morrison | $709,700 | −2.1% | +1.5% | $2,900 | 4.9% |
| 80470 | Pine | $660,100 | −1.7% | +1.6% | n/a | n/a |
| 80474 | $569,000 | −1.3% | +2.1% | n/a | n/a | |
| 80475 | Grant | $523,200 | −4.2% | +0.6% | n/a | n/a |
| 80476 | Silver Plume | $380,100 | −2.8% | −0.8% | n/a | n/a |
| 80601 | Brighton | $487,400 | −2.5% | +0.8% | $2,000 | 4.9% |
| 80602 | Thornton | $637,500 | −1.4% | +1.0% | $3,000 | 5.6% |
| 80640 | Commerce City | $496,600 | −2.5% | +0.5% | $2,400 | 5.7% |
| 80820 | Guffey | $490,200 | −1.7% | +1.5% | n/a | n/a |
| 80827 | Lake George | $436,300 | −0.5% | +2.4% | n/a | n/a |
| 80828 | Limon | $283,400 | +4.2% | +2.0% | n/a | n/a |
| 80832 | Ramah | $453,800 | +7.0% | +2.6% | n/a | n/a |
| 80835 | Simla | $334,900 | +3.5% | +2.8% | n/a | n/a |
Questions
Are home prices going up or down in Denver?
Down. Home values across the Denver-Aurora-Lakewood metro are down 1.5% over the past twelve months, to a typical $545K, and 14 of its 126 ZIP codes are higher than a year ago.
What is the typical home value in Denver?
$545,200 across the metro's 126 ZIP codes, as of August 2026. It ranges from $252,500 in ZIP 80247 to $1,047,800 in ZIP 80116.
What is the typical rent in Denver?
About $2,000 a month, across the 90 ZIP codes with rent data, down 0.1% over the past year.
Which Denver ZIP codes are rising fastest?
80832 (Ramah, +7.0%), 80828 (Limon, +4.2%), 80835 (Simla, +3.5%), over the past twelve months.
What is the forecast for Denver home prices?
The forecast for the typical ZIP code in the metro is +0.1% over the next twelve months. Forecasts are estimates and change every month.
Other housing markets
- Colorado Springs, CO
- Albuquerque, NM
- Provo, UT
- Salt Lake City, UT
- Ogden, UT
- Omaha, NE
- Oklahoma City, OK
- Tulsa, OK
- All markets
Sources and method
- Source: CITIZEN, Lualdi Advisors' US housing market intelligence. Home values, rents and forecasts through August 2026; household incomes 2020 to 2024; migration for tax years 2022 to 2023; new homes permitted in 2025.
- Metro figures are medians across the ZIP codes in the metro, not a separate metro index. The two-year chart is the median ZIP value for each month. Grades and scores are CITIZEN's own.
- Updated monthly. Last updated 2026-10-14.
