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Westminster, CO—80021

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$547,000
2.9% YoY Growth
Household Income
$106,000
36.9% YoY Growth
Days on Market
57
2.0% Longer YoY
Home Price Forecast
-1.0%
Median Rent
$2,600
11.9% YoY Growth
1-Bed Rent
$1,590
7.7% YoY Growth
2-Bed Rent
$1,900
3.6% YoY Growth
3-Bed Rent
$2,860
0.7% YoY Growth

Other Zip Codes in Westminster, CO

80234800318003080003
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Westminster, CO

As of Dec '25, the median home price in Westminster, CO is $547,000, with a year-over-year change of -2.9%. This indicates that home prices in Westminster, CO are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$547,000-2.9%
Single Family $557,000-2.6%
Condos $367,000-5.4%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $303,000
    -3.8%
    2 Bed
    		$451,000-3.6%
    3 Bed
    		$525,000-3.1%
    4 Bed
    		$606,000-2.6%
    5 Bed $711,912-2.5%
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    % of Housing Stock

    Studio
    3.4%
    1 Bedroom
    20.0%
    2 Bedrooms
    30.1%
    3 Bedrooms
    26.9%
    4 Bedrooms
    15.1%
    5+ Bedrooms
    4.5%

    Rental Trends — Westminster, CO

    As of July '25, Rentcast reports the average rent in Westminster, CO is $2,350, with a year-over-year rent change of 11.9%. Per bedroom, the median rent as of July '25 in Westminster, CO is studios: $1,530, 1-bedrooms: $1,670, 2-bedrooms: $2,140, 3-bedrooms: $2,860, 4-bedrooms: $3,090. The most common rental property sizes in Westminster, CO are 2-bedroom and 1-bedroom, accounting for 43.3% and 38.4% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,600$2,350
    Studio Rent $1,500$1,530
    1 Bed Rent $1,590$1,670
    2 Bed Rent $1,900$2,140
    3 Bed Rent $2,860$2,860
    4 Bed Rent $3,000$3,090
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    % of Rental Stock

    Studio
    6.1%
    1 Bedroom
    38.4%
    2 Bedrooms
    43.3%
    3 Bedrooms
    7.8%
    4 Bedrooms
    2.8%
    5+ Bedrooms
    1.6%

    Property Listings — Westminster, CO

    As of Dec '25, Realtor.com reports that the median days on market for a home in Westminster, CO is 52. This is a increase of 17.0% 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 41.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$554,000-3.0%
    Listing Count
    		8119.0%
    Listings as % of Homes0.2%19.0%
    Days on Market
    		572.0%
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    Demographics — Westminster, CO

    As of the latest ACS Survey released in 2023, Westminster, CO has a population of 35,600, which has increased by 5.4% over the past 5 years. Westminster, CO is a less popular place for families, as children make up 14.9% of the population. The area has a highly educated workforce, with 53.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		35,6005.4%
    % Under 18
    		14.9%-17.7%
    % Seniors
    		13.4%12.6%
    % WFH
    		20.4%187.3%
    % w/ College Degree
    		53.3%17.1%
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    As of the latest ACS Survey released in 2023, Westminster, CO is a predominantly white area, with 77.8% of the population identifying as white. The white population has grown by 1.3% in the last 5 years. The second most common race or ethnicity in Westminster, CO is hispanic, making up 12.9% of the population. Foreign-born residents account for 6.8% of the population in Westminster, CO, and this percentage has increased by 1.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		77.8%1.3%
    % Black
    		1.1%-26.7%
    % Hispanic
    		12.9%7.5%
    % Asian
    		3.9%-38.1%
    % Foreign Born
    		6.8%1.5%
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    Mortgage and Risk — Westminster, CO

    According to HUD data as of 2023, there were 43 mortgage originations in Westminster, CO, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Westminster, CO. Investor activity is low, as 5.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		43
    % Conventional Loans
    		84.0%
    % Government Loans
    		16.0%
    % Investor Loans
    		5.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		7.0%
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    Rentals and Section 8 — Westminster, CO

    As of 2024, the percent of homes in Westminster, CO under the Section 8 program is 1.2%. 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 Westminster, 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
    		134
    Total Units Section 8
    		134
    % Rentals under Section 8
    		1.2%
    % Occupied Section 8
    		82.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$470$1,590$2,060
    2 Bedroom$560$1,900$2,460
    3 Bedroom$350$2,860$3,210
    4 Bedroom$590$3,000$3,590

    Affordability — Westminster, CO

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.2
    Median Home Price$547,000
    Median Household Income$106,000

    Westminster, CO — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Lakecrest, CO

    80005

    Broomfield, CO

    80020

    Westminster, CO

    80031

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    Louisville, CO

    80027

    Frequently Asked Questions