Green Mountain, Lakewood, CO—80228
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Green Mountain, Lakewood, CO
As of Oct '25, the median home price in Green Mountain, Lakewood, CO is $638,000, with a year-over-year change of -1.3%. This indicates that home prices in Green Mountain, Lakewood, CO are decreasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $638,000 | -1.3% |
| Single Family | $676,000 | -1.2% |
| Condos | $294,000 | -6.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $241,000 | -7.3% |
2 Bed | $328,000 | -6.6% |
3 Bed | $618,000 | -1.4% |
4 Bed | $714,000 | -1.0% |
| 5 Bed | $787,000 | -1.4% |
% of Housing Stock
Rental Trends — Green Mountain, Lakewood, CO
As of July '25, Rentcast reports the average rent in Green Mountain, Lakewood, CO is $2,100, with a year-over-year rent change of 9.4%. Per bedroom, the median rent as of July '25 in Green Mountain, Lakewood, CO is studios: $1,650, 1-bedrooms: $1,470, 2-bedrooms: $1,820, 3-bedrooms: $2,980, 4-bedrooms: $3,320. The most common rental property sizes in Green Mountain, Lakewood, CO are 1-bedroom and 2-bedroom, accounting for 38.1% and 37.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $2,100 |
| Studio Rent | $1,620 | $1,650 |
| 1 Bed Rent | $1,500 | $1,470 |
| 2 Bed Rent | $1,800 | $1,820 |
| 3 Bed Rent | $3,100 | $2,980 |
| 4 Bed Rent | $3,000 | $3,320 |
% of Rental Stock
Property Listings — Green Mountain, Lakewood, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Green Mountain, Lakewood, CO is 50. This is a increase of 43.0% 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 41.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $560,000 | -11.0% |
Listing Count | 157 | 27.0% |
| Listings as % of Homes | 0.4% | 27.0% |
Days on Market | 50 | 43.0% |
Demographics — Green Mountain, Lakewood, CO
As of the latest ACS Survey released in 2023, Green Mountain, Lakewood, CO has a population of 34,700, which has increased by 1.7% over the past 5 years. Green Mountain, Lakewood, CO is a moderately popular place for families, as children make up 16.9% of the population. The area has a highly educated workforce, with 59.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 25.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,700 | 1.7% |
% Under 18 | 16.9% | -17.6% |
% Seniors | 15.1% | 9.4% |
% WFH | 25.0% | 201.2% |
% w/ College Degree | 59.6% | 17.8% |
As of the latest ACS Survey released in 2023, Green Mountain, Lakewood, CO is a predominantly white area, with 77.7% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Green Mountain, Lakewood, CO is hispanic, making up 12.4% of the population. Foreign-born residents account for 7.0% of the population in Green Mountain, Lakewood, 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 | 77.7% | -1.1% |
% Black | 0.7% | -36.4% |
% Hispanic | 12.4% | -13.9% |
% Asian | 4.4% | 41.9% |
% Foreign Born | 7.0% | 1.4% |
Mortgage and Risk — Green Mountain, Lakewood, CO
According to HUD data as of 2023, there were 302 mortgage originations in Green Mountain, Lakewood, CO, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Green Mountain, Lakewood, CO. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 302 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Green Mountain, Lakewood, CO
As of 2024, the percent of homes in Green Mountain, Lakewood, CO under the Section 8 program is 5.1%. 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 and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Green Mountain, Lakewood, CO, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 275 |
Total Units Section 8 | 275 |
% Rentals under Section 8 | 5.1% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $360 | $1,500 | $1,860 |
| 2 Bedroom | $420 | $1,800 | $2,220 |
| 3 Bedroom | -$200 | $3,100 | $2,900 |
| 4 Bedroom | $240 | $3,000 | $3,240 |
Affordability — Green Mountain, Lakewood, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $638,000 |
| Median Household Income | $110,000 |