The story of this market
The typical home in ZIP 80206 sells for about $882,500, or $450 per square foot.
Prices are up +4.73% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,825 a month.
ZIP 80206 — Denver
The 80206 housing market remains resilient with steady price appreciation and balanced supply-demand dynamics. High demand for urban living in the Cherry Creek area continues to support property values despite broader economic headwinds.
This ZIP is ideal for professionals and downsizers who prioritize walkability, access to high-end retail, and proximity to Denver's major parks and cultural amenities.
Median prices moved up 4.7% year over year.
Homes spend a median of 35 days on market with 5.5 months of supply — a fast-moving market.
11% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 8.5% — 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 6.9%/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 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 80206, 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 80206 area are generally consistent with urban Denver trends, with property crime being the primary concern compared to regional averages.
The area is served by Denver Public Schools, featuring a mix of highly-rated magnet and neighborhood schools, though performance varies significantly by specific school site.
The area faces standard urban risks; flood risk is primarily associated with the Cherry Creek corridor, and insurance premiums are influenced by regional hail and wind exposure.
Economic momentum is driven by proximity to the Cherry Creek North shopping district and ongoing infill residential development, supported by strong demand for walkable urban living.
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 excellent access to downtown Denver via major corridors like Colfax Avenue and Speer Boulevard, with robust public transit connectivity.
The ZIP features premier access to the Cherry Creek Trail, Cheesman Park, and the extensive retail and dining amenities of the Cherry Creek North district.
The rental market is deep and competitive, driven by high demand from young professionals and proximity to major employment hubs, with a significant presence of multi-family inventory.
The economy is anchored by the Cherry Creek retail district, proximity to downtown Denver's financial core, and a strong concentration of professional services and healthcare.
The area is highly accessible via the RTD bus network and major arterial roads, with significant investment in bike-friendly infrastructure.
Development is focused on high-density residential infill and the modernization of commercial corridors to support continued population growth.
The Denver County Assessor manages property valuations, utilizing a biennial reappraisal cycle to reflect market conditions.
Parcels are subject to Denver Public Schools and various municipal service districts, with no major MUDs typical of suburban developments.
Property insurance markets are stable but sensitive to regional weather events, particularly hail and wind damage common in the Denver metro area.
Colorado continues to see net positive domestic migration, driven by lifestyle preferences and a robust job market.
Colorado is a public trustee state, utilizing a non-judicial foreclosure process with specific notice and cure periods for homeowners.
Sellers are required to provide a comprehensive property disclosure form detailing known material defects at the time of listing.
Data retrieved from data.census.gov ZCTA-level tables.
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 Station4.53.3 mi
- Downtown Aquarium4.33.5 mi
- Elitch Gardens43.3 mi
- Water World4.49.5 mi
- Dave & Buster's Denver4.23.3 mi
- Red Rocks Park and Amphitheatre4.913.9 mi
- Ball Arena4.63.1 mi
- Coors Field4.72.8 mi
- Denver Botanic Gardens4.80.4 mi
- Empower Field at Mile High4.63.6 mi
- Coors Field4.72.8 mi
- Denver Zoo4.61.6 mi
- Casa Bonita3.96.2 mi
- Denver Botanic Gardens4.80.4 mi
- Denver Museum of Nature & Science4.71.6 mi
- Denver Zoo4.61.6 mi
- Casa Bonita3.96.2 mi
- Denver Botanic Gardens4.80.4 mi
- Denver Museum of Nature & Science4.71.6 mi
- Meow Wolf Denver's Convergence Station4.53.3 mi
- Denver Botanic Gardens4.80.4 mi
- Civic Center Park4.41.9 mi
- Rocky Mountain Arsenal National Wildlife Refuge4.79.6 mi
- Aurora Sports Park4.610.5 mi
- Cherry Creek State Park4.69.2 mi
- Topgolf Centennial4.410.7 mi
- Family Sports Center4.411 mi
- Kennedy Golf Course4.37.1 mi
- Foothills Golf Course4.29.1 mi
- Fox Hollow Golf Course4.410.5 mi
- Cherry Creek Shopping Center4.20.7 mi
- Park Meadows4.512.1 mi
- Colorado Mills4.310.7 mi
- Stanley Marketplace4.64.6 mi
- Mershops Town Center at Aurora47.2 mi
- Denver International Airport4.117.3 mi
- Centennial Airport4.411.8 mi
- Capital One Lounge at DEN3.317.3 mi
- Blue Sky Bistro4.715.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Premier outdoor shopping and dining district with over 200 businesses.
Large historic urban park offering extensive green space and walking paths.
Major regional paved trail system for cycling and commuting.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).