Globeville, Denver, CO—80216
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Globeville, Denver, CO
As of Oct '25, the median home price in Globeville, Denver, CO is $357,000, with a year-over-year change of -5.5%. This indicates that home prices in Globeville, Denver, CO are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $357,000 | -5.5% |
| Single Family | $361,000 | -5.2% |
| Condos | $300,000 | -5.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $292,000 | -6.1% |
2 Bed | $333,000 | -5.7% |
3 Bed | $384,000 | -5.4% |
4 Bed | $429,000 | -5.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Globeville, Denver, CO
As of July '25, Rentcast reports the average rent in Globeville, Denver, CO is $1,820, with a year-over-year rent change of -16.1%. Per bedroom, the median rent as of July '25 in Globeville, Denver, CO is studios: $1,340, 1-bedrooms: $1,560, 2-bedrooms: $2,060, 3-bedrooms: $2,390, 4-bedrooms: $2,740. The most common rental property sizes in Globeville, Denver, CO are 1-bedroom and 2-bedroom, accounting for 40.9% and 35.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,640 | $1,820 |
| Studio Rent | $1,260 | $1,340 |
| 1 Bed Rent | $1,580 | $1,560 |
| 2 Bed Rent | $2,020 | $2,060 |
| 3 Bed Rent | $2,350 | $2,390 |
| 4 Bed Rent | $2,700 | $2,740 |
% of Rental Stock
Property Listings — Globeville, Denver, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Globeville, Denver, CO is 57. 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $427,000 | 7.0% |
Listing Count | 45 | -9.0% |
| Listings as % of Homes | 0.3% | -9.0% |
Days on Market | 57 | -10.0% |
Demographics — Globeville, Denver, CO
As of the latest ACS Survey released in 2023, Globeville, Denver, CO has a population of 16,600, which has increased by 26.6% over the past 5 years. Globeville, Denver, CO is a moderately popular place for families, as children make up 18.0% of the population. The area has a moderately educated workforce, with 38.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,600 | 26.6% |
% Under 18 | 18.0% | -22.7% |
% Seniors | 5.5% | -11.3% |
% WFH | 20.3% | 153.8% |
% w/ College Degree | 38.3% | 70.2% |
As of the latest ACS Survey released in 2023, Globeville, Denver, CO is a predominantly hispanic area, with 51.5% of the population identifying as hispanic. The hispanic population has shrunk by 20.5% in the last 5 years. The second most common race or ethnicity in Globeville, Denver, CO is white, making up 36.7% of the population. Foreign-born residents account for 19.7% of the population in Globeville, Denver, CO, and this percentage has decreased by 27.6% 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 | 36.7% | 32.0% |
% Black | 6.0% | 17.6% |
% Hispanic | 51.5% | -20.5% |
% Asian | 1.5% | 200.0% |
% Foreign Born | 19.7% | -27.6% |
Mortgage and Risk — Globeville, Denver, CO
According to HUD data as of 2023, there were 107 mortgage originations in Globeville, Denver, CO, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Globeville, Denver, CO. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 107 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Globeville, Denver, CO
As of 2024, the percent of homes in Globeville, Denver, CO under the Section 8 program is 9.4%. 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. In Globeville, 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 | 542 |
Total Units Section 8 | 512 |
% Rentals under Section 8 | 9.4% |
% Occupied Section 8 | 89.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $280 | $1,580 | $1,860 |
| 2 Bedroom | $200 | $2,020 | $2,220 |
| 3 Bedroom | $550 | $2,350 | $2,900 |
| 4 Bedroom | $540 | $2,700 | $3,240 |
Affordability — Globeville, Denver, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $357,000 |
| Median Household Income | $86,900 |