Parker, CO—80138
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Parker, CO
Home Price Trends — Parker, CO
As of Oct '25, the median home price in Parker, CO is $718,000, with a year-over-year change of -2.0%. This indicates that home prices in Parker, CO are decreasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $718,000 | -2.0% |
| Single Family | $720,000 | -2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $511,000 | -1.7% |
3 Bed | $636,000 | -1.7% |
4 Bed | $747,000 | -2.6% |
| 5 Bed | $880,000 | -2.5% |
% of Housing Stock
Rental Trends — Parker, CO
As of July '25, Rentcast reports the average rent in Parker, CO is $2,410, with a year-over-year rent change of 2.1%. Per bedroom, the median rent as of July '25 in Parker, CO is studios: $1,540, 1-bedrooms: $1,650, 2-bedrooms: $2,230, 3-bedrooms: $2,830, 4-bedrooms: $3,320. The most common rental property sizes in Parker, CO are 2-bedroom and 1-bedroom, accounting for 32.6% and 28.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,210 | $2,410 |
| Studio Rent | $1,480 | $1,540 |
| 1 Bed Rent | $1,650 | $1,650 |
| 2 Bed Rent | $2,210 | $2,230 |
| 3 Bed Rent | $2,900 | $2,830 |
| 4 Bed Rent | $3,280 | $3,320 |
% of Rental Stock
Property Listings — Parker, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Parker, CO is 62. This is a increase of 14.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $765,000 | -10.0% |
Listing Count | 147 | 5.0% |
| Listings as % of Homes | 0.7% | 5.0% |
Days on Market | 62 | 14.0% |
Demographics — Parker, CO
As of the latest ACS Survey released in 2023, Parker, CO has a population of 35,900, which has increased by 7.0% over the past 5 years. Parker, CO is a moderately popular place for families, as children make up 23.9% of the population. The area has a highly educated workforce, with 48.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,900 | 7.0% |
% Under 18 | 23.9% | -10.2% |
% Seniors | 12.9% | 9.3% |
% WFH | 26.0% | 202.3% |
% w/ College Degree | 48.5% | -0.2% |
As of the latest ACS Survey released in 2023, Parker, CO is a predominantly white area, with 78.3% of the population identifying as white. The white population has shrunk by 8.1% in the last 5 years. The second most common race or ethnicity in Parker, CO is hispanic, making up 12.1% of the population. Foreign-born residents account for 6.3% of the population in Parker, CO, and this percentage has increased by 34.0% 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 | 78.3% | -8.1% |
% Black | 0.6% | -57.1% |
% Hispanic | 12.1% | 26.0% |
% Asian | 3.7% | 94.7% |
% Foreign Born | 6.3% | 34.0% |
Mortgage and Risk — Parker, CO
According to HUD data as of 2023, there were 1133 mortgage originations in Parker, CO, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Parker, 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 | 1,133 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Parker, CO
As of 2024, the percent of homes in Parker, CO under the Section 8 program is 0.9%. 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 Parker, 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 | 23 |
Total Units Section 8 | 23 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $350 | $1,650 | $2,000 |
| 2 Bedroom | $180 | $2,210 | $2,390 |
| 3 Bedroom | $220 | $2,900 | $3,120 |
| 4 Bedroom | $210 | $3,280 | $3,490 |
Affordability — Parker, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $718,000 |
| Median Household Income | $142,000 |