Westminster, CO—80234
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Westminster, CO
As of Oct '25, the median home price in Westminster, CO is $520,000, with a year-over-year change of -2.2%. This indicates that home prices in Westminster, CO are decreasing. According to Zillow, the 1-year price projection is -1.4%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $520,000 | -2.3% |
| Single Family | $553,000 | -2.5% |
| Condos | $305,000 | -4.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $240,000 | -8.4% |
2 Bed | $347,000 | -3.9% |
3 Bed | $504,000 | -2.5% |
4 Bed | $624,000 | -2.2% |
| 5 Bed | $780,000 | -2.6% |
% of Housing Stock
Rental Trends — Westminster, CO
As of July '25, Rentcast reports the average rent in Westminster, CO is $2,260, with a year-over-year rent change of 16.5%. Per bedroom, the median rent as of July '25 in Westminster, CO is studios: $1,670, 1-bedrooms: $1,520, 2-bedrooms: $1,680, 3-bedrooms: $2,590, 4-bedrooms: $3,500. The most common rental property sizes in Westminster, CO are 1-bedroom and 2-bedroom, accounting for 43.9% and 37.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,260 |
| Studio Rent | $1,610 | $1,670 |
| 1 Bed Rent | $1,600 | $1,520 |
| 2 Bed Rent | $1,600 | $1,680 |
| 3 Bed Rent | $2,600 | $2,590 |
| 4 Bed Rent | $3,150 | $3,500 |
% of Rental Stock
Property Listings — Westminster, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Westminster, CO is 62. This is a increase of 19.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $550,000 | 1.0% |
Listing Count | 94 | -1.0% |
| Listings as % of Homes | 0.4% | -1.0% |
Days on Market | 62 | 19.0% |
Demographics — Westminster, CO
As of the latest ACS Survey released in 2023, Westminster, CO has a population of 29,600, which has increased by 4.7% over the past 5 years. Westminster, CO is a moderately popular place for families, as children make up 19.9% of the population. The area has a moderately educated workforce, with 37.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,600 | 4.7% |
% Under 18 | 19.9% | -14.2% |
% Seniors | 14.8% | 32.1% |
% WFH | 17.4% | 234.6% |
% w/ College Degree | 37.5% | 5.9% |
As of the latest ACS Survey released in 2023, Westminster, CO is a predominantly white area, with 61.4% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Westminster, CO is hispanic, making up 26.0% of the population. Foreign-born residents account for 9.3% of the population in Westminster, CO, and this percentage has decreased by 21.2% 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 | 61.4% | -1.9% |
% Black | 1.5% | -42.3% |
% Hispanic | 26.0% | -7.1% |
% Asian | 6.1% | 15.1% |
% Foreign Born | 9.3% | -21.2% |
Mortgage and Risk — Westminster, CO
According to HUD data as of 2023, there were 226 mortgage originations in Westminster, CO, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Westminster, CO. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 226 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Westminster, CO
As of 2024, the percent of homes in Westminster, CO under the Section 8 program is 3.1%. 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 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Westminster, CO, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 149 |
Total Units Section 8 | 149 |
% Rentals under Section 8 | 3.1% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $1,600 | $1,760 |
| 2 Bedroom | $500 | $1,600 | $2,100 |
| 3 Bedroom | $140 | $2,600 | $2,740 |
| 4 Bedroom | -$80 | $3,150 | $3,070 |
Affordability — Westminster, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $520,000 |
| Median Household Income | $88,700 |