Park Hill, Denver, CO—80207
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Park Hill, Denver, CO
As of Oct '25, the median home price in Park Hill, Denver, CO is $579,000, with a year-over-year change of -4.5%. This indicates that home prices in Park Hill, Denver, 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 | $579,000 | -4.5% |
| Single Family | $586,000 | -4.2% |
| Condos | $304,000 | -6.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $442,000 | -4.3% |
3 Bed | $596,000 | -4.5% |
4 Bed | $772,000 | -3.7% |
| 5 Bed | $1,072,000 | -2.7% |
% of Housing Stock
Rental Trends — Park Hill, Denver, CO
As of July '25, Rentcast reports the average rent in Park Hill, Denver, CO is $2,640, with a year-over-year rent change of -4.3%. Per bedroom, the median rent as of July '25 in Park Hill, Denver, CO is 1-bedrooms: $1,330, 2-bedrooms: $2,100, 3-bedrooms: $2,850, 4-bedrooms: $3,000. The most common rental property sizes in Park Hill, Denver, CO are 2-bedroom and 3-bedroom, accounting for 48.6% and 21.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,640 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,540 | $1,330 |
| 2 Bed Rent | $2,020 | $2,100 |
| 3 Bed Rent | $2,880 | $2,850 |
| 4 Bed Rent | $3,000 | $3,000 |
% of Rental Stock
Property Listings — Park Hill, Denver, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Park Hill, Denver, CO is 47. This is a increase of 38.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $625,000 | -8.0% |
Listing Count | 108 | 1.0% |
| Listings as % of Homes | 0.4% | 1.0% |
Days on Market | 47 | 38.0% |
Demographics — Park Hill, Denver, CO
As of the latest ACS Survey released in 2023, Park Hill, Denver, CO has a population of 22,400, which has decreased by -15.8% over the past 5 years. Park Hill, Denver, CO is a moderately popular place for families, as children make up 23.4% of the population. The area has a highly educated workforce, with 60.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,400 | -15.8% |
% Under 18 | 23.4% | -2.9% |
% Seniors | 16.4% | 32.3% |
% WFH | 23.0% | 164.4% |
% w/ College Degree | 60.7% | 21.2% |
As of the latest ACS Survey released in 2023, Park Hill, Denver, CO is a predominantly white area, with 46.4% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Park Hill, Denver, CO is black, making up 27.3% of the population. Foreign-born residents account for 8.5% of the population in Park Hill, Denver, CO, and this percentage has decreased by 4.5% 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 | 46.4% | -4.1% |
% Black | 27.3% | -1.1% |
% Hispanic | 16.2% | -2.4% |
% Asian | 1.6% | 23.1% |
% Foreign Born | 8.5% | -4.5% |
Mortgage and Risk — Park Hill, Denver, CO
According to HUD data as of 2023, there were 368 mortgage originations in Park Hill, Denver, CO, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Park Hill, Denver, CO. Investor activity is low, as 3.0% 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 | 368 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Park Hill, Denver, CO
As of 2024, the percent of homes in Park Hill, Denver, CO under the Section 8 program is 24.4%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Park Hill, Denver, 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 | 545 |
Total Units Section 8 | 539 |
% Rentals under Section 8 | 24.4% |
% Occupied Section 8 | 92.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $330 | $1,540 | $1,870 |
| 2 Bedroom | $220 | $2,020 | $2,240 |
| 3 Bedroom | $40 | $2,880 | $2,920 |
| 4 Bedroom | $270 | $3,000 | $3,270 |
Affordability — Park Hill, Denver, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $579,000 |
| Median Household Income | $112,000 |