Central Park, Denver, CO—80238
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Central Park, Denver, CO
As of Oct '25, the median home price in Central Park, Denver, CO is $751,000, with a year-over-year change of -4.3%. This indicates that home prices in Central Park, Denver, 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 | $751,000 | -4.3% |
| Single Family | $780,000 | -4.2% |
| Condos | $362,000 | -4.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $315,000 | -2.8% |
2 Bed | $458,000 | -5.2% |
3 Bed | $683,000 | -4.2% |
4 Bed | $895,000 | -4.1% |
| 5 Bed | $1,183,000 | -2.8% |
% of Housing Stock
Rental Trends — Central Park, Denver, CO
As of July '25, Rentcast reports the average rent in Central Park, Denver, CO is $3,060, with a year-over-year rent change of -4.4%. Per bedroom, the median rent as of July '25 in Central Park, Denver, CO is studios: $1,640, 1-bedrooms: $1,760, 2-bedrooms: $2,610, 3-bedrooms: $3,140, 4-bedrooms: $3,940. The most common rental property sizes in Central Park, Denver, CO are 1-bedroom and 2-bedroom, accounting for 36.1% and 32.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,060 |
| Studio Rent | $1,640 | $1,640 |
| 1 Bed Rent | $1,640 | $1,760 |
| 2 Bed Rent | $2,550 | $2,610 |
| 3 Bed Rent | $3,000 | $3,140 |
| 4 Bed Rent | $3,800 | $3,940 |
% of Rental Stock
Property Listings — Central Park, Denver, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Central Park, Denver, CO is 44. This is a increase of 4.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $775,000 | 2.0% |
Listing Count | 120 | -15.0% |
| Listings as % of Homes | 0.7% | -15.0% |
Days on Market | 44 | 4.0% |
Demographics — Central Park, Denver, CO
As of the latest ACS Survey released in 2023, Central Park, Denver, CO has a population of 29,400, which has increased by 48.0% over the past 5 years. Central Park, Denver, CO is a popular place for families, as children make up 32.9% of the population. The area has a highly educated workforce, with 77.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 34.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,400 | 48.0% |
% Under 18 | 32.9% | -5.7% |
% Seniors | 6.8% | 7.9% |
% WFH | 34.8% | 213.5% |
% w/ College Degree | 77.3% | -4.8% |
As of the latest ACS Survey released in 2023, Central Park, Denver, CO is a predominantly white area, with 65.7% of the population identifying as white. The white population has shrunk by 13.8% in the last 5 years. The second most common race or ethnicity in Central Park, Denver, CO is hispanic, making up 14.3% of the population. Foreign-born residents account for 11.2% of the population in Central Park, Denver, CO, and this percentage has increased by 55.6% 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 | 65.7% | -13.8% |
% Black | 6.9% | 30.2% |
% Hispanic | 14.3% | 70.2% |
% Asian | 5.9% | 11.3% |
% Foreign Born | 11.2% | 55.6% |
Mortgage and Risk — Central Park, Denver, CO
According to HUD data as of 2023, there were 821 mortgage originations in Central Park, Denver, CO, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Central Park, Denver, CO. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 821 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Central Park, Denver, CO
As of 2024, the percent of homes in Central Park, Denver, CO under the Section 8 program is 6.2%. 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 Central Park, Denver, CO, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 236 |
Total Units Section 8 | 236 |
% Rentals under Section 8 | 6.2% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $510 | $1,640 | $2,150 |
| 2 Bedroom | $20 | $2,550 | $2,570 |
| 3 Bedroom | $360 | $3,000 | $3,360 |
| 4 Bedroom | -$40 | $3,800 | $3,760 |
Affordability — Central Park, Denver, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $751,000 |
| Median Household Income | $166,000 |