The story of this market
The typical home in ZIP 80228 sells for about $585,000, or $285 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 22 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,150 a month.
ZIP 80228 — Lakewood
The 80228 housing market remains stable with moderate price appreciation and consistent demand. Low inventory levels continue to support pricing, though buyers are becoming more selective due to interest rate sensitivity. The area's strong employment base and quality of life continue to drive interest from long-term residents.
This ZIP is ideal for families and professionals seeking a balance between suburban tranquility and access to the Denver employment core. It attracts buyers looking for established neighborhoods with high-quality schools and proximity to mountain recreation.
Median prices moved up 2.4% year over year.
Homes spend a median of 22 days on market with 2.8 months of supply — a fast-moving market.
28% 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 4.8% — 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 6.0%/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 6.0%/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 80228, 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 80228 area are generally lower than the Denver metro average, with property crime being the primary concern. Local law enforcement reports stable trends in recent years.
The area is served by the Jefferson County School District, which maintains a strong reputation with several highly-rated public schools. Educational outcomes in this ZIP are consistently above state averages.
The area faces moderate wildfire risk due to its proximity to the foothills, and residents are encouraged to maintain defensible space. Flood risk is generally low, though localized drainage issues can occur.
Economic momentum is driven by proximity to the Denver Federal Center and the C-470 corridor, which hosts numerous corporate and government employers. Development is largely infill-focused due to the built-out nature of the suburban landscape.
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 direct access to US-285 and C-470, providing efficient routes to downtown Denver and the Denver Tech Center. Public transit options include regional bus lines, though most residents rely on personal vehicles.
The area features extensive access to outdoor amenities, including Bear Creek Lake Park and numerous neighborhood trails. Shopping and dining are concentrated along the W. Alameda Ave and W. Jewell Ave corridors.
The rental market is competitive with low vacancy rates, driven by demand from young professionals and employees at nearby major institutions. Short-term rental activity is regulated by Lakewood city ordinances.
The economy is anchored by the Denver Federal Center, a major federal employment hub, and a diverse mix of healthcare, retail, and professional services. The area benefits from its strategic location between Denver and the foothills.
The area is served by a network of arterial roads connecting to the C-470 and US-285 highways. Regional transit is provided by RTD bus services, with limited light rail access in the immediate vicinity.
Planning efforts are focused on transit-oriented development near major corridors and the revitalization of older commercial centers. Infill projects are prioritized to maintain the area's suburban character.
The Jefferson County Assessor's office conducts biennial property valuations based on market data and physical inspections. Assessments are subject to state-mandated residential assessment rates.
Parcels are subject to various special districts, including fire protection, water and sanitation, and the Jefferson County School District. Some areas may fall within specific metropolitan districts for infrastructure maintenance.
Property insurance premiums have seen upward pressure due to regional wildfire risk and hail exposure. Homeowners are advised to maintain comprehensive coverage and mitigate fire risks.
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Data retrieved from data.census.gov ZCTA 80228 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 Station4.58.6 mi
- Downtown Aquarium4.39.1 mi
- Elitch Gardens49.2 mi
- Water World4.414.4 mi
- Dave & Buster's Denver4.211.8 mi
- Red Rocks Park and Amphitheatre4.92.7 mi
- Ball Arena4.69.3 mi
- Coors Field4.710.1 mi
- Denver Botanic Gardens4.811.1 mi
- Empower Field at Mile High4.68.5 mi
- Red Rocks Park and Amphitheatre4.92.7 mi
- Coors Field4.710.1 mi
- Casa Bonita3.96.2 mi
- Denver Zoo4.612 mi
- Denver Botanic Gardens4.811.1 mi
- Denver Zoo4.612 mi
- Casa Bonita3.96.2 mi
- Denver Botanic Gardens4.811.1 mi
- Denver Museum of Nature & Science4.712.4 mi
- Meow Wolf Denver's Convergence Station4.58.6 mi
- Red Rocks Park and Amphitheatre4.92.7 mi
- Denver Botanic Gardens4.811.1 mi
- Civic Center Park4.49.9 mi
- Lair o’ the Bear Park4.85.3 mi
- Chatfield State Park4.611.1 mi
- Fossil Trace Golf Club4.64.5 mi
- Fox Hollow Golf Course4.42.2 mi
- Foothills Golf Course4.24.6 mi
- City Park Golf Course4.312.2 mi
- Overland Golf Course4.18.7 mi
- Cherry Creek Shopping Center4.211.3 mi
- Colorado Mills4.33.3 mi
- The Denver Central Market4.710.7 mi
- Edgewater Public Market4.67.1 mi
- Denver International Airport4.128.3 mi
- Centennial Airport4.418.3 mi
- Capital One Lounge at DEN3.328.3 mi
- Blue Sky Bistro4.715.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large regional park offering boating, fishing, and hiking trails.
Extensive trail system with panoramic views of the Front Range.
Major local educational anchor serving the region.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).