Washington Park, Denver, CO—80209
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Washington Park, Denver, CO
As of Oct '25, the median home price in Washington Park, Denver, CO is $939,000, with a year-over-year change of -1.6%. This indicates that home prices in Washington Park, Denver, CO are decreasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $939,000 | -1.6% |
| Single Family | $1,071,000 | -1.2% |
| Condos | $525,000 | -2.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $366,000 | -2.4% |
2 Bed | $679,000 | -1.7% |
3 Bed | $1,013,000 | -1.2% |
4 Bed | $1,485,000 | -0.5% |
| 5 Bed | $2,311,000 | -1.0% |
% of Housing Stock
Rental Trends — Washington Park, Denver, CO
As of July '25, Rentcast reports the average rent in Washington Park, Denver, CO is $2,220, with a year-over-year rent change of -17.8%. Per bedroom, the median rent as of July '25 in Washington Park, Denver, CO is studios: $1,560, 1-bedrooms: $1,440, 2-bedrooms: $2,380, 3-bedrooms: $4,300, 4-bedrooms: $4,750. The most common rental property sizes in Washington Park, Denver, CO are 1-bedroom and 2-bedroom, accounting for 50.1% and 27.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,520 | $2,220 |
| Studio Rent | $1,340 | $1,560 |
| 1 Bed Rent | $1,340 | $1,440 |
| 2 Bed Rent | $2,250 | $2,380 |
| 3 Bed Rent | $3,900 | $4,300 |
| 4 Bed Rent | $4,300 | $4,750 |
% of Rental Stock
Property Listings — Washington Park, Denver, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Washington Park, Denver, CO is 61. This is a increase of 21.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,140,000 | 5.0% |
Listing Count | 193 | 13.0% |
| Listings as % of Homes | 0.4% | 13.0% |
Days on Market | 61 | 21.0% |
Demographics — Washington Park, Denver, CO
As of the latest ACS Survey released in 2023, Washington Park, Denver, CO has a population of 26,800, which has increased by 6.0% over the past 5 years. Washington Park, Denver, CO is a less popular place for families, as children make up 12.4% of the population. The area has a highly educated workforce, with 80.1% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 36.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,800 | 6.0% |
% Under 18 | 12.4% | 7.8% |
% Seniors | 19.5% | 17.5% |
% WFH | 36.9% | 173.3% |
% w/ College Degree | 80.1% | 6.2% |
As of the latest ACS Survey released in 2023, Washington Park, Denver, CO is a predominantly white area, with 85.3% of the population identifying as white. The white population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Washington Park, Denver, CO is hispanic, making up 7.2% of the population. Foreign-born residents account for 8.3% of the population in Washington Park, Denver, CO, and this percentage has increased by 13.7% 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 | 85.3% | -2.2% |
% Black | 1.1% | -8.3% |
% Hispanic | 7.2% | -2.7% |
% Asian | 2.3% | 0.0% |
% Foreign Born | 8.3% | 13.7% |
Mortgage and Risk — Washington Park, Denver, CO
According to HUD data as of 2023, there were 432 mortgage originations in Washington Park, Denver, CO, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Washington Park, Denver, CO. Investor activity is low, as 4.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 432 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 4.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Washington Park, Denver, CO
As of 2024, the percent of homes in Washington Park, Denver, CO under the Section 8 program is 5.9%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Washington Park, Denver, CO, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 463 |
Total Units Section 8 | 463 |
% Rentals under Section 8 | 5.9% |
% Occupied Section 8 | 97.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $650 | $1,340 | $1,990 |
| 2 Bedroom | $130 | $2,250 | $2,380 |
| 3 Bedroom | -$790 | $3,900 | $3,110 |
| 4 Bedroom | -$820 | $4,300 | $3,480 |
Affordability — Washington Park, Denver, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.9 |
| Median Home Price | $939,000 |
| Median Household Income | $119,000 |