Virginia Village, Denver, CO—80224
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Virginia Village, Denver, CO
As of Oct '25, the median home price in Virginia Village, Denver, CO is $543,000, with a year-over-year change of -3.7%. This indicates that home prices in Virginia Village, 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 | $543,000 | -3.7% |
| Single Family | $608,000 | -4.1% |
| Condos | $292,000 | -3.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $235,000 | -10.3% |
2 Bed | $306,000 | -9.2% |
3 Bed | $565,000 | -3.6% |
4 Bed | $690,000 | -4.2% |
| 5 Bed | $782,000 | -5.1% |
% of Housing Stock
Rental Trends — Virginia Village, Denver, CO
As of July '25, Rentcast reports the average rent in Virginia Village, Denver, CO is $2,530, with a year-over-year rent change of 21.6%. Per bedroom, the median rent as of July '25 in Virginia Village, Denver, CO is studios: $1,400, 1-bedrooms: $1,330, 2-bedrooms: $1,890, 3-bedrooms: $2,780, 4-bedrooms: $3,400. The most common rental property sizes in Virginia Village, Denver, CO are 1-bedroom and 2-bedroom, accounting for 42.3% and 39.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,530 |
| Studio Rent | $1,400 | $1,400 |
| 1 Bed Rent | $1,200 | $1,330 |
| 2 Bed Rent | $1,880 | $1,890 |
| 3 Bed Rent | $2,900 | $2,780 |
| 4 Bed Rent | $3,400 | $3,400 |
% of Rental Stock
Property Listings — Virginia Village, Denver, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Virginia Village, Denver, CO is 83. This is a increase of 24.0% 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 | $530,000 | 1.0% |
Listing Count | 128 | 28.0% |
| Listings as % of Homes | 0.4% | 28.0% |
Days on Market | 83 | 24.0% |
Demographics — Virginia Village, Denver, CO
As of the latest ACS Survey released in 2023, Virginia Village, Denver, CO has a population of 19,300, which has remained stable by 0.1% over the past 5 years. Virginia Village, Denver, CO is a moderately popular place for families, as children make up 21.4% of the population. The area has a highly educated workforce, with 58.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,300 | 0.1% |
% Under 18 | 21.4% | 12.0% |
% Seniors | 18.5% | 8.8% |
% WFH | 28.8% | 300.0% |
% w/ College Degree | 58.8% | 16.7% |
As of the latest ACS Survey released in 2023, Virginia Village, Denver, CO is a predominantly white area, with 60.4% of the population identifying as white. The white population has shrunk by 2.6% in the last 5 years. The second most common race or ethnicity in Virginia Village, Denver, CO is black, making up 13.7% of the population. Foreign-born residents account for 14.9% of the population in Virginia Village, Denver, CO, and this percentage has increased by 1.4% 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 | 60.4% | -2.6% |
% Black | 13.7% | 0.7% |
% Hispanic | 13.6% | -13.9% |
% Asian | 4.8% | 0.0% |
% Foreign Born | 14.9% | 1.4% |
Mortgage and Risk — Virginia Village, Denver, CO
According to HUD data as of 2023, there were 402 mortgage originations in Virginia Village, Denver, CO, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Virginia Village, Denver, CO. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 402 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Virginia Village, Denver, CO
As of 2024, the percent of homes in Virginia Village, Denver, CO under the Section 8 program is 13.6%. 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 Virginia Village, 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 | 444 |
Total Units Section 8 | 443 |
% Rentals under Section 8 | 13.6% |
% Occupied Section 8 | 93.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $460 | $1,200 | $1,660 |
| 2 Bedroom | $110 | $1,880 | $1,990 |
| 3 Bedroom | -$310 | $2,900 | $2,590 |
| 4 Bedroom | -$490 | $3,400 | $2,910 |
Affordability — Virginia Village, Denver, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.9 |
| Median Home Price | $543,000 |
| Median Household Income | $82,000 |