Greenwood Village, CO—80111
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Greenwood Village, CO
As of Oct '25, the median home price in Greenwood Village, CO is $876,000, with a year-over-year change of -1.7%. This indicates that home prices in Greenwood Village, CO are decreasing. According to Zillow, the 1-year price projection is -1.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $876,000 | -1.7% |
| Single Family | $940,000 | -1.7% |
| Condos | $347,000 | -5.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $290,000 | -5.8% |
2 Bed | $417,000 | -4.4% |
3 Bed | $727,000 | -3.2% |
4 Bed | $933,000 | -1.7% |
| 5 Bed | $1,383,000 | 0.3% |
% of Housing Stock
Rental Trends — Greenwood Village, CO
As of July '25, Rentcast reports the average rent in Greenwood Village, CO is $2,220, with a year-over-year rent change of -5.1%. Per bedroom, the median rent as of July '25 in Greenwood Village, CO is studios: $1,490, 1-bedrooms: $1,740, 2-bedrooms: $2,480, 3-bedrooms: $3,320, 4-bedrooms: $3,930. The most common rental property sizes in Greenwood Village, CO are 1-bedroom and 2-bedroom, accounting for 40.5% and 36.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,920 | $2,220 |
| Studio Rent | $1,420 | $1,490 |
| 1 Bed Rent | $1,710 | $1,740 |
| 2 Bed Rent | $2,310 | $2,480 |
| 3 Bed Rent | $3,050 | $3,320 |
| 4 Bed Rent | $3,700 | $3,930 |
% of Rental Stock
Property Listings — Greenwood Village, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Greenwood Village, CO is 71. This is a increase of 62.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $956,000 | 10.0% |
Listing Count | 140 | 24.0% |
| Listings as % of Homes | 0.3% | 24.0% |
Days on Market | 71 | 62.0% |
Demographics — Greenwood Village, CO
As of the latest ACS Survey released in 2023, Greenwood Village, CO has a population of 31,800, which has decreased by -3.2% over the past 5 years. Greenwood Village, CO is a moderately popular place for families, as children make up 22.6% of the population. The area has a highly educated workforce, with 74.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,800 | -3.2% |
% Under 18 | 22.6% | -11.0% |
% Seniors | 16.5% | 21.3% |
% WFH | 28.8% | 171.7% |
% w/ College Degree | 74.6% | 4.5% |
As of the latest ACS Survey released in 2023, Greenwood Village, CO is a predominantly white area, with 71.9% of the population identifying as white. The white population has shrunk by 5.5% in the last 5 years. The second most common race or ethnicity in Greenwood Village, CO is asian, making up 11.9% of the population. Foreign-born residents account for 17.0% of the population in Greenwood Village, CO, and this percentage has decreased by 0.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 71.9% | -5.5% |
% Black | 0.8% | -61.9% |
% Hispanic | 9.4% | 36.2% |
% Asian | 11.9% | -0.8% |
% Foreign Born | 17.0% | -0.6% |
Mortgage and Risk — Greenwood Village, CO
According to HUD data as of 2023, there were 298 mortgage originations in Greenwood Village, CO, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Greenwood Village, CO. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 298 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Greenwood Village, CO
As of 2024, the percent of homes in Greenwood Village, CO under the Section 8 program is 0.4%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Greenwood Village, CO, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 25 |
Total Units Section 8 | 25 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $400 | $1,710 | $2,110 |
| 2 Bedroom | $210 | $2,310 | $2,520 |
| 3 Bedroom | $240 | $3,050 | $3,290 |
| 4 Bedroom | -$20 | $3,700 | $3,680 |
Affordability — Greenwood Village, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.5 |
| Median Home Price | $876,000 |
| Median Household Income | $132,000 |