The story of this market
The typical home in ZIP 80203 sells for about $329,500, or $365 per square foot.
Prices are down 14.43% from a year ago, which gives buyers more room to negotiate. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $1,100 a month.
ZIP 80203 — Denver
The 80203 housing market is currently experiencing a price correction with a year-over-year decline of 14.43%. High inventory levels relative to sales volume suggest a shift toward a buyer's market, though the area's high rental demand remains a stabilizing factor.
This area is ideal for young professionals, urban commuters, and renters who prioritize proximity to downtown employment and cultural amenities over suburban space.
Median prices moved down 14.4% year over year.
Homes spend a median of 58 days on market with 4.2 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 14.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 1.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 80203, Denver County CO
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Capitol Hill and North Capitol areas of 80203 remain higher than the national average, with property crime being the primary concern for residents.
Schools serving the area are part of Denver Public Schools, with performance ratings varying significantly across individual neighborhood campuses.
The area faces standard urban risks including potential for localized flash flooding during heavy rain events and typical urban fire hazards.
Development is characterized by high-density infill projects and the ongoing revitalization of historic residential corridors near downtown Denver.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Colorado) — Statutory Agricultural Land Reclassification and Improvement Valuation: Under C.R.S. § 39-1-102(1.6)(a)(I), up to two acres of land directly underlying a residential improvement on agricultural parcels are segregated and assessed at residential rates (6.80% / 7. State (Colorado) — Senior and Disabled Veteran Property Tax Homestead Exemption: Exempts 50% of the first $200,000 of actual market value of the qualifying primary residential parcel from property taxation (a maximum actual value deduction of $100,000). State (Colorado) — Colorado Split Residential Property Tax Assessment Rate Structure: Imposes annual ad valorem property taxes determined using a bifurcated assessment rate system. Assessed Value = Actual (Market) Value × Assessment Rate. Beginning for tax years 2025/2026, residential property is assessed at 6.
Residents benefit from high walkability and proximity to downtown Denver, with extensive access to RTD bus lines and light rail connections.
The ZIP features significant urban green space including Cheesman Park and proximity to the Denver Botanic Gardens and various cultural venues.
The rental market is highly competitive with a high concentration of multi-family units and significant demand from young professionals.
The economy is driven by proximity to downtown Denver's central business district, with strong representation in government, healthcare, and professional services.
The area is served by a dense grid of city streets and frequent RTD bus service, providing efficient access to the regional transit network.
City planning focuses on transit-oriented development and increasing housing density along major corridors.
The Denver County Assessor conducts biennial reappraisals to determine property values for tax purposes.
Parcels are subject to Denver Public Schools and various municipal service districts.
Property insurance premiums are influenced by urban density and regional climate risks, including hail and wind exposure.
Data retrieved from Census Bureau ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Meow Wolf Denver's Convergence Station4.51.9 mi
- Downtown Aquarium4.32.2 mi
- Elitch Gardens42 mi
- Water World4.48.9 mi
- Dave & Buster's Denver4.24.2 mi
- Red Rocks Park and Amphitheatre4.912.7 mi
- Ball Arena4.61.8 mi
- Coors Field4.71.8 mi
- Denver Botanic Gardens4.81.1 mi
- Empower Field at Mile High4.62.2 mi
- Red Rocks Park and Amphitheatre4.912.7 mi
- Coors Field4.71.8 mi
- Denver Zoo4.62.1 mi
- Casa Bonita3.94.7 mi
- Denver Botanic Gardens4.81.1 mi
- Denver Zoo4.62.1 mi
- Casa Bonita3.94.7 mi
- Denver Botanic Gardens4.81.1 mi
- Denver Museum of Nature & Science4.72.4 mi
- Meow Wolf Denver's Convergence Station4.51.9 mi
- Red Rocks Park and Amphitheatre4.912.7 mi
- Denver Botanic Gardens4.81.1 mi
- Civic Center Park4.40.6 mi
- Rocky Mountain Arsenal National Wildlife Refuge4.710.3 mi
- Aurora Sports Park4.611.9 mi
- Topgolf Centennial4.411.6 mi
- Family Sports Center4.412 mi
- Kennedy Golf Course4.38.3 mi
- Foothills Golf Course4.28.3 mi
- Fox Hollow Golf Course4.49.4 mi
- Cherry Creek Shopping Center4.21.9 mi
- Park Meadows4.512.9 mi
- Colorado Mills4.39.3 mi
- Stanley Marketplace4.65.8 mi
- Mershops Town Center at Aurora48.6 mi
- Denver International Airport4.118.4 mi
- Centennial Airport4.412.7 mi
- Capital One Lounge at DEN3.318.4 mi
- Blue Sky Bistro4.714.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A large, historic urban park serving as a central recreational hub.
A major botanical garden featuring diverse plant collections and events.
A prominent concert venue hosting national touring acts.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).