Berkeley, Denver, CO—80212
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Berkeley, Denver, CO
As of Oct '25, the median home price in Berkeley, Denver, CO is $716,000, with a year-over-year change of -4.1%. This indicates that home prices in Berkeley, Denver, CO are decreasing. According to Zillow, the 1-year price projection is -1.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $716,000 | -4.1% |
| Single Family | $723,000 | -4.0% |
| Condos | $548,000 | -2.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $450,000 | -3.6% |
2 Bed | $597,000 | -3.9% |
3 Bed | $778,000 | -4.0% |
4 Bed | $1,022,000 | -3.2% |
| 5 Bed | $1,339,000 | -3.5% |
% of Housing Stock
Rental Trends — Berkeley, Denver, CO
As of July '25, Rentcast reports the average rent in Berkeley, Denver, CO is $2,640, with a year-over-year rent change of -4.7%. Per bedroom, the median rent as of July '25 in Berkeley, Denver, CO is studios: $1,520, 1-bedrooms: $1,470, 2-bedrooms: $2,540, 3-bedrooms: $3,840, 4-bedrooms: $4,320. The most common rental property sizes in Berkeley, Denver, CO are 2-bedroom and 1-bedroom, accounting for 41.7% and 29.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $2,640 |
| Studio Rent | $1,510 | $1,520 |
| 1 Bed Rent | $1,320 | $1,470 |
| 2 Bed Rent | $2,580 | $2,540 |
| 3 Bed Rent | $3,500 | $3,840 |
| 4 Bed Rent | $3,700 | $4,320 |
% of Rental Stock
Property Listings — Berkeley, Denver, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Berkeley, Denver, CO is 60. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter 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 | $764,000 | -8.0% |
Listing Count | 120 | -4.0% |
| Listings as % of Homes | 0.3% | -4.0% |
Days on Market | 60 | -10.0% |
Demographics — Berkeley, Denver, CO
As of the latest ACS Survey released in 2023, Berkeley, Denver, CO has a population of 20,400, which has increased by 3.9% over the past 5 years. Berkeley, Denver, CO is a moderately popular place for families, as children make up 16.2% of the population. The area has a highly educated workforce, with 63.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,400 | 3.9% |
% Under 18 | 16.2% | -4.7% |
% Seniors | 13.4% | -6.3% |
% WFH | 28.7% | 149.6% |
% w/ College Degree | 63.7% | 11.6% |
As of the latest ACS Survey released in 2023, Berkeley, Denver, CO is a predominantly white area, with 71.6% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Berkeley, Denver, CO is hispanic, making up 20.8% of the population. Foreign-born residents account for 6.7% of the population in Berkeley, Denver, CO, and this percentage has increased by 21.8% 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 | 71.6% | -1.0% |
% Black | 1.3% | -60.6% |
% Hispanic | 20.8% | -2.8% |
% Asian | 2.8% | 64.7% |
% Foreign Born | 6.7% | 21.8% |
Mortgage and Risk — Berkeley, Denver, CO
According to HUD data as of 2023, there were 507 mortgage originations in Berkeley, Denver, CO, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Berkeley, Denver, CO. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 507 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Berkeley, Denver, CO
As of 2024, the percent of homes in Berkeley, Denver, CO under the Section 8 program is 15.7%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Berkeley, Denver, CO, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 776 |
Total Units Section 8 | 553 |
% Rentals under Section 8 | 15.7% |
% Occupied Section 8 | 93.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $440 | $1,320 | $1,760 |
| 2 Bedroom | -$470 | $2,580 | $2,110 |
| 3 Bedroom | -$740 | $3,500 | $2,760 |
| 4 Bedroom | -$620 | $3,700 | $3,080 |
Affordability — Berkeley, Denver, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.3 |
| Median Home Price | $716,000 |
| Median Household Income | $119,000 |