The story of this market
The typical home in ZIP 80218 sells for about $523,773, or $404 per square foot.
Prices are down 18.09% from a year ago, which gives buyers more room to negotiate. Homes take about 66 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,300 a month.
ZIP 80218 — Denver
The residential housing market in ZIP 80218 is currently a buyer's market characterized by a cooling price trend and a high volume of active listings relative to sales. Buyers currently have more leverage, as reflected by homes spending a median of 66–73 days on the market and selling at a slight discount to asking prices. The sentiment is cautious compared to previous quarters, as inventory persists and price growth remains negative.
This ZIP fits renters, young professionals, and urban-oriented residents who prioritize proximity to downtown employment and amenities over low-density suburban living.
Median prices moved down 18.1% year over year.
Homes spend a median of 66 days on market with 0.0 months of supply — a balanced-paced market.
47% of listings have cut prices · homes sell at 98% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 9.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 80218, Denver County, CO
The area has a moderate overall safety rating, with crime rates, particularly property crime, that are elevated compared to similar regional areas. Safety is a significant concern for residents, with peak incident activity occurring during afternoon hours.
The area is served by Denver Public School District 1, offering a mix of school types. Performance is highly polarized, ranging from top-tier, 5-star rated schools to schools that struggle with low proficiency rates and chronic absenteeism.
The region faces a relatively high overall natural-hazard risk, primarily driven by severe weather including hail, lightning, and strong winds. The ZIP code itself is in a minimal flood risk zone (FEMA Zone X).
Employment in the area is anchored by government, healthcare, and education sectors. Development momentum is tempered, with the broader metro economy shifting to accommodate changes in hybrid work and cautious business investment.
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.
As an urban Denver ZIP, residents benefit from high walkability and access to central employment hubs. Most commuting is done via personal vehicle or public transit towards downtown Denver.
The area features access to significant green space and urban amenities typical of central Denver. This includes proximity to major parks, dining, and cultural attractions within a 3-mile radius.
Market depth is significant with a high volume of multifamily inventory. Rents have seen slight volatility, reflecting the area's price-sensitive tenant base.
The economy is anchored by government, education, and healthcare sectors, including the City and County of Denver, Denver Public Schools, and Denver Health.
The area is served by the Denver metro transit network, with high walkability and access to major highway corridors leading to the downtown employment core.
Urban infill remains the primary development trend, with major large-scale project activity being minimal within the ZIP borders compared to the surrounding metro area.
The Denver County Assessor manages assessments on a biennial cycle, maintaining property valuations for tax purposes.
Parcels are subject to standard municipal service districts managed by the City and County of Denver.
Owners face standard Colorado insurance market conditions with potential for premiums to rise due to regional hail and wind exposure.
Data retrieved from data.census.gov ZCTA 80218 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 Station4.52.4 mi
- Downtown Aquarium4.32.6 mi
- Elitch Gardens42.4 mi
- Water World4.48.9 mi
- Dave & Buster's Denver4.24 mi
- Red Rocks Park and Amphitheatre4.913.3 mi
- Ball Arena4.62.2 mi
- Coors Field4.72 mi
- Denver Botanic Gardens4.80.5 mi
- Empower Field at Mile High4.62.7 mi
- Coors Field4.72 mi
- Denver Zoo4.61.6 mi
- Casa Bonita3.95.3 mi
- Denver Botanic Gardens4.80.5 mi
- Denver Museum of Nature & Science4.71.8 mi
- Denver Zoo4.61.6 mi
- Casa Bonita3.95.3 mi
- Denver Botanic Gardens4.80.5 mi
- Denver Museum of Nature & Science4.71.8 mi
- Meow Wolf Denver's Convergence Station4.52.4 mi
- Denver Botanic Gardens4.80.5 mi
- Civic Center Park4.41 mi
- Rocky Mountain Arsenal National Wildlife Refuge4.79.8 mi
- Aurora Sports Park4.611.2 mi
- Cherry Creek State Park4.610.1 mi
- Topgolf Centennial4.411.4 mi
- Family Sports Center4.411.7 mi
- Kennedy Golf Course4.37.9 mi
- Foothills Golf Course4.28.8 mi
- Fox Hollow Golf Course4.49.9 mi
- Cherry Creek Shopping Center4.21.5 mi
- Park Meadows4.512.8 mi
- Colorado Mills4.310 mi
- Stanley Marketplace4.65.2 mi
- Mershops Town Center at Aurora48 mi
- Denver International Airport4.117.8 mi
- Centennial Airport4.412.5 mi
- Capital One Lounge at DEN3.317.8 mi
- Blue Sky Bistro4.714.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major hub for employment, dining, and cultural attractions.
Various established urban green spaces serving the neighborhood.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).