Northglenn, Thornton, CO—80233
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Northglenn, Thornton, CO
As of Oct '25, the median home price in Northglenn, Thornton, CO is $464,000, with a year-over-year change of -2.5%. This indicates that home prices in Northglenn, Thornton, 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 | $464,000 | -2.6% |
| Single Family | $465,000 | -2.7% |
| Condos | $321,000 | -4.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $396,000 | -3.4% |
3 Bed | $457,000 | -2.8% |
4 Bed | $492,000 | -3.0% |
| 5 Bed | $511,000 | -3.2% |
% of Housing Stock
Rental Trends — Northglenn, Thornton, CO
As of July '25, Rentcast reports the average rent in Northglenn, Thornton, CO is $2,320, with a year-over-year rent change of 10.0%. Per bedroom, the median rent as of July '25 in Northglenn, Thornton, CO is studios: $1,360, 1-bedrooms: $1,300, 2-bedrooms: $2,110, 3-bedrooms: $2,570, 4-bedrooms: $2,860. The most common rental property sizes in Northglenn, Thornton, CO are 1-bedroom and 2-bedroom, accounting for 34.0% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,520 | $2,320 |
| Studio Rent | $1,360 | $1,360 |
| 1 Bed Rent | $1,410 | $1,300 |
| 2 Bed Rent | $2,100 | $2,110 |
| 3 Bed Rent | $2,600 | $2,570 |
| 4 Bed Rent | $2,830 | $2,860 |
% of Rental Stock
Property Listings — Northglenn, Thornton, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Northglenn, Thornton, CO is 60. This is a increase of 38.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $471,000 | -5.0% |
Listing Count | 115 | 18.0% |
| Listings as % of Homes | 0.3% | 18.0% |
Days on Market | 60 | 38.0% |
Demographics — Northglenn, Thornton, CO
As of the latest ACS Survey released in 2023, Northglenn, Thornton, CO has a population of 47,700, which has decreased by -5.5% over the past 5 years. Northglenn, Thornton, CO is a moderately popular place for families, as children make up 21.9% of the population. The area has a moderately educated workforce, with 25.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 47,700 | -5.5% |
% Under 18 | 21.9% | -16.4% |
% Seniors | 12.4% | 26.5% |
% WFH | 12.0% | 215.8% |
% w/ College Degree | 25.9% | 16.7% |
As of the latest ACS Survey released in 2023, Northglenn, Thornton, CO is a predominantly white area, with 52.9% of the population identifying as white. The white population has shrunk by 14.1% in the last 5 years. The second most common race or ethnicity in Northglenn, Thornton, CO is hispanic, making up 35.1% of the population. Foreign-born residents account for 11.8% of the population in Northglenn, Thornton, CO, and this percentage has increased by 45.7% 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 | 52.9% | -14.1% |
% Black | 2.8% | 47.4% |
% Hispanic | 35.1% | 11.4% |
% Asian | 4.1% | 46.4% |
% Foreign Born | 11.8% | 45.7% |
Mortgage and Risk — Northglenn, Thornton, CO
According to HUD data as of 2023, there were 453 mortgage originations in Northglenn, Thornton, CO, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Northglenn, Thornton, CO. Investor activity is low, as 1.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 453 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Northglenn, Thornton, CO
As of 2024, the percent of homes in Northglenn, Thornton, CO under the Section 8 program is 4.8%. 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 Northglenn, Thornton, 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 | 348 |
Total Units Section 8 | 348 |
% Rentals under Section 8 | 4.8% |
% Occupied Section 8 | 94.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $500 | $1,410 | $1,910 |
| 2 Bedroom | $190 | $2,100 | $2,290 |
| 3 Bedroom | $390 | $2,600 | $2,990 |
| 4 Bedroom | $520 | $2,830 | $3,350 |
Affordability — Northglenn, Thornton, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $464,000 |
| Median Household Income | $85,100 |