The story of this market
The typical home in ZIP 80227 sells for about $479,250, or $265 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $2,150 a month.
ZIP 80227 — Lakewood
The 80227 housing market shows signs of stabilization with a moderate inventory level and steady demand. While year-over-year prices have seen a slight correction, the area remains attractive to family buyers due to its relative affordability compared to central Denver. Market activity is driven by consistent interest in mid-century homes and proximity to major employment hubs.
This ZIP is ideal for family buyers and commuters seeking a balance between suburban living and access to Denver's urban amenities, offering a more attainable price point than central Denver.
Median prices moved down 2.1% year over year.
Homes spend a median of 44 days on market with 2.8 months of supply — a fast-moving market.
24% 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 3.2% · poverty 7.5% — 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 5.2%/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 5.7%/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 80227, Jefferson 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 80227 area are generally consistent with broader Denver suburban trends, with property crime being the primary concern compared to violent crime.
Schools serving the area are primarily part of the Jefferson County Public Schools district, which maintains a mix of ratings ranging from average to above-average performance.
The area faces moderate risks related to wildfire smoke and occasional severe wind events, though it is not located in a high-risk flood zone.
Economic momentum is driven by its proximity to the Denver Tech Center and downtown Denver, with ongoing infill development and renovation of mid-century housing stock.
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 proximity to US-285 and C-470, providing direct access to the Denver employment core, with average commute times typically ranging from 25 to 35 minutes.
The area features extensive access to the Bear Creek Greenbelt, numerous neighborhood parks, and proximity to the foothills for hiking and outdoor activities.
The rental market is characterized by steady demand from young professionals and families, with moderate vacancy pressure and a mix of single-family rentals and apartment complexes.
The local economy is anchored by healthcare, education, and professional services, with many residents commuting to major employers in the Denver metropolitan area.
The area is served by RTD bus routes connecting to the light rail system, with major highway access via US-285 and C-470.
Development is largely focused on the revitalization of existing commercial corridors and residential densification.
The Jefferson County Assessor's office conducts biennial property valuations based on market data and property characteristics.
Parcels are subject to Jefferson County Public Schools, various water and sanitation districts, and fire protection districts.
Property insurance premiums are influenced by regional wildfire and hail risk, with most carriers requiring standard coverage for the area.
Data retrieved from data.census.gov ZCTA 80227 profile.
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 Station4.56.6 mi
- Downtown Aquarium4.37.3 mi
- Elitch Gardens47.3 mi
- Water World4.413.9 mi
- Dave & Buster's Denver4.28.4 mi
- Red Rocks Park and Amphitheatre4.95.8 mi
- Ball Arena4.67.3 mi
- Coors Field4.78.2 mi
- Denver Botanic Gardens4.88.4 mi
- Empower Field at Mile High4.66.6 mi
- Red Rocks Park and Amphitheatre4.95.8 mi
- Coors Field4.78.2 mi
- Denver Zoo4.69.6 mi
- Casa Bonita3.95.3 mi
- Denver Botanic Gardens4.88.4 mi
- Denver Zoo4.69.6 mi
- Casa Bonita3.95.3 mi
- Denver Botanic Gardens4.88.4 mi
- Denver Museum of Nature & Science4.79.8 mi
- Meow Wolf Denver's Convergence Station4.56.6 mi
- Red Rocks Park and Amphitheatre4.95.8 mi
- Denver Botanic Gardens4.88.4 mi
- Civic Center Park4.47.5 mi
- Lair o’ the Bear Park4.88.6 mi
- Chatfield State Park4.68.8 mi
- Fossil Trace Golf Club4.67.8 mi
- Fox Hollow Golf Course4.42 mi
- Foothills Golf Course4.21.6 mi
- Kennedy Golf Course4.312.3 mi
- City Park Golf Course4.39.8 mi
- Cherry Creek Shopping Center4.28.3 mi
- Colorado Mills4.35.5 mi
- The Denver Central Market4.78.7 mi
- Denver International Airport4.125.8 mi
- Centennial Airport4.414.7 mi
- Capital One Lounge at DEN3.325.8 mi
- Blue Sky Bistro4.716.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Extensive trail system and natural area serving the community.
Local community park with recreational facilities.
Major regional shopping center located nearby.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).