Broomfield, CO—80020
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Broomfield, CO
Home Price Trends — Broomfield, CO
As of Oct '25, the median home price in Broomfield, CO is $564,000, with a year-over-year change of -1.7%. This indicates that home prices in Broomfield, CO are decreasing. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $564,000 | -1.7% |
| Single Family | $572,000 | -1.7% |
| Condos | $374,000 | -2.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $326,000 | -0.6% |
2 Bed | $439,000 | -2.0% |
3 Bed | $539,000 | -1.5% |
4 Bed | $621,000 | -1.4% |
| 5 Bed | $730,000 | -1.2% |
% of Housing Stock
Rental Trends — Broomfield, CO
As of July '25, Rentcast reports the average rent in Broomfield, CO is $2,510, with a year-over-year rent change of 8.2%. Per bedroom, the median rent as of July '25 in Broomfield, CO is studios: $1,640, 1-bedrooms: $1,520, 2-bedrooms: $1,950, 3-bedrooms: $2,810, 4-bedrooms: $3,660. The most common rental property sizes in Broomfield, CO are 1-bedroom and 2-bedroom, accounting for 36.0% and 28.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,550 | $2,510 |
| Studio Rent | $1,530 | $1,640 |
| 1 Bed Rent | $1,620 | $1,520 |
| 2 Bed Rent | $1,750 | $1,950 |
| 3 Bed Rent | $2,800 | $2,810 |
| 4 Bed Rent | $3,100 | $3,660 |
% of Rental Stock
Property Listings — Broomfield, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Broomfield, CO is 50. This is a increase of 53.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 46.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $595,000 | 1.0% |
Listing Count | 173 | 18.0% |
| Listings as % of Homes | 0.4% | 18.0% |
Days on Market | 50 | 53.0% |
Demographics — Broomfield, CO
As of the latest ACS Survey released in 2023, Broomfield, CO has a population of 53,600, which has increased by 7.9% over the past 5 years. Broomfield, CO is a moderately popular place for families, as children make up 20.8% of the population. The area has a highly educated workforce, with 52.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 53,600 | 7.9% |
% Under 18 | 20.8% | -10.3% |
% Seniors | 15.1% | 33.6% |
% WFH | 23.6% | 184.3% |
% w/ College Degree | 52.8% | 5.6% |
As of the latest ACS Survey released in 2023, Broomfield, CO is a predominantly white area, with 70.1% of the population identifying as white. The white population has shrunk by 10.0% in the last 5 years. The second most common race or ethnicity in Broomfield, CO is hispanic, making up 16.8% of the population. Foreign-born residents account for 9.8% of the population in Broomfield, CO, and this percentage has increased by 14.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 70.1% | -10.0% |
% Black | 1.3% | 44.4% |
% Hispanic | 16.8% | 33.3% |
% Asian | 6.2% | 12.7% |
% Foreign Born | 9.8% | 14.0% |
Mortgage and Risk — Broomfield, CO
According to HUD data as of 2023, there were 944 mortgage originations in Broomfield, CO, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Broomfield, CO. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 944 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Broomfield, CO
As of 2024, the percent of homes in Broomfield, CO under the Section 8 program is 2.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Broomfield, CO, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 259 |
Total Units Section 8 | 175 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $290 | $1,620 | $1,910 |
| 2 Bedroom | $540 | $1,750 | $2,290 |
| 3 Bedroom | $190 | $2,800 | $2,990 |
| 4 Bedroom | $250 | $3,100 | $3,350 |
Affordability — Broomfield, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $564,000 |
| Median Household Income | $114,000 |