The story of this market
The typical home in ZIP 80238 sells for about $722,750, or $297 per square foot.
Prices are up +1.5% from a year ago, so sellers still have some momentum. Homes take about 33 days to sell. HUD's fair market rent for a two-bedroom is $2,400 a month.
ZIP 80238 — Denver
The 80238 housing market remains competitive with a median sale price of $722,750, reflecting steady demand for the Central Park area. While inventory is tight, the market has seen a slight cooling compared to previous years, with homes spending a median of 33 days on the market. Figures for specific metrics like effective tax rate were not available at the ZIP level and were omitted.
This ZIP is ideal for families and professionals seeking a master-planned environment with modern housing, high-quality schools, and extensive outdoor amenities within a short commute to Denver's employment hubs.
Median prices moved up 1.5% year over year.
Homes spend a median of 33 days on market with 4.8 months of supply — a fast-moving market.
30% 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 2.8% · poverty 2.5% — 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 5.1%/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 4.5%/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 80238, Denver County CO
The area generally experiences lower crime rates compared to the broader Denver urban core, with property crime being the primary concern.
The ZIP is served by highly-rated schools within the Denver Public Schools system, particularly those located in the Central Park neighborhood.
The area is subject to standard Colorado climate risks, including hail and wind, with insurance premiums trending upward due to regional wildfire and storm exposure.
The area is characterized by the ongoing build-out of the Central Park master-planned community, featuring significant mixed-use development and proximity to the former Stapleton airport site.
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 I-70 and I-225, providing direct access to Downtown Denver and the Denver Tech Center, with light rail options available via the Central Park station.
The area features extensive greenbelts, including the 80-acre Central Park, numerous neighborhood trails, and proximity to the Stanley Marketplace for shopping and dining.
The rental market is robust with a mix of modern apartments and single-family rentals, though vacancy pressure remains moderate due to high demand for the neighborhood's amenities.
The local economy is driven by proximity to Downtown Denver and the Denver Tech Center, with a strong presence of professional services, healthcare, and retail sectors.
The area is well-connected via the RTD A-Line commuter rail and major highway corridors, facilitating efficient transit to Denver International Airport and the city center.
Ongoing development focuses on infill residential projects and the expansion of commercial amenities within the Central Park master plan.
Parcels are subject to Denver Public Schools and various metropolitan districts that fund infrastructure and public services.
Property insurance costs are influenced by regional wildfire risk and severe weather patterns, leading to rising premiums across the Denver metro area.
Data retrieved from data.census.gov ZCTA 80238 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 Station4.57.9 mi
- Downtown Aquarium4.37.6 mi
- Elitch Gardens47.5 mi
- Water World4.49.1 mi
- Dave & Buster's Denver4.27.5 mi
- Red Rocks Park and Amphitheatre4.919.2 mi
- Ball Arena4.67.3 mi
- Coors Field4.76.5 mi
- Denver Botanic Gardens4.85.6 mi
- Empower Field at Mile High4.68.1 mi
- Coors Field4.76.5 mi
- Denver Zoo4.64.5 mi
- Casa Bonita3.910.7 mi
- Denver Botanic Gardens4.85.6 mi
- Denver Museum of Nature & Science4.74.2 mi
- Denver Zoo4.64.5 mi
- Casa Bonita3.910.7 mi
- Denver Botanic Gardens4.85.6 mi
- Denver Museum of Nature & Science4.74.2 mi
- Meow Wolf Denver's Convergence Station4.57.9 mi
- Denver Botanic Gardens4.85.6 mi
- Civic Center Park4.46.6 mi
- Rocky Mountain Arsenal National Wildlife Refuge4.74.4 mi
- Aurora Sports Park4.66.9 mi
- Cherry Creek State Park4.610.7 mi
- Family Sports Center4.413 mi
- Kennedy Golf Course4.38.8 mi
- City Park Golf Course4.34.3 mi
- Hyland Hills Golf Course4.111.3 mi
- Green Valley Ranch Golf Club4.26.4 mi
- Cherry Creek Shopping Center4.25.9 mi
- Denver Premium Outlets4.512.9 mi
- Stanley Marketplace4.61.8 mi
- Mershops Town Center at Aurora45.5 mi
- The Denver Central Market4.76 mi
- Denver International Airport4.111.8 mi
- Centennial Airport4.413.8 mi
- Capital One Lounge at DEN3.311.8 mi
- Blue Sky Bistro4.715.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
An 80-acre urban park serving as the neighborhood's primary green space.
A repurposed aviation facility featuring local boutiques, restaurants, and community space.
A popular community aquatic facility.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).