Boulder, CO—80302
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Boulder, CO
As of Oct '25, the median home price in Boulder, CO is $1,093,000, with a year-over-year change of -2.8%. This indicates that home prices in Boulder, CO are decreasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,093,000 | -2.8% |
| Single Family | $1,244,000 | -2.4% |
| Condos | $558,000 | -3.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $373,000 | -5.1% |
2 Bed | $808,000 | -2.4% |
3 Bed | $1,184,000 | -2.6% |
4 Bed | $1,641,000 | -1.2% |
| 5 Bed | $2,073,000 | -0.1% |
% of Housing Stock
Rental Trends — Boulder, CO
As of July '25, Rentcast reports the average rent in Boulder, CO is $2,820, with a year-over-year rent change of 1.8%. Per bedroom, the median rent as of July '25 in Boulder, CO is studios: $1,520, 1-bedrooms: $1,940, 2-bedrooms: $3,060, 3-bedrooms: $3,870, 4-bedrooms: $5,490. The most common rental property sizes in Boulder, CO are 2-bedroom and 1-bedroom, accounting for 31.2% and 24.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,150 | $2,820 |
| Studio Rent | $1,400 | $1,520 |
| 1 Bed Rent | $1,800 | $1,940 |
| 2 Bed Rent | $2,500 | $3,060 |
| 3 Bed Rent | $3,600 | $3,870 |
| 4 Bed Rent | $4,500 | $5,490 |
% of Rental Stock
Property Listings — Boulder, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Boulder, CO is 82. This is a increase of 12.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,270,000 | -15.0% |
Listing Count | 191 | -1.0% |
| Listings as % of Homes | 0.4% | -1.0% |
Days on Market | 82 | 12.0% |
Demographics — Boulder, CO
As of the latest ACS Survey released in 2023, Boulder, CO has a population of 29,800, which has increased by 2.2% over the past 5 years. Boulder, CO is a less popular place for families, as children make up 6.9% of the population. The area has a highly educated workforce, with 75.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,800 | 2.2% |
% Under 18 | 6.9% | 4.5% |
% Seniors | 13.3% | 26.7% |
% WFH | 27.5% | 175.0% |
% w/ College Degree | 75.2% | -1.7% |
As of the latest ACS Survey released in 2023, Boulder, CO is a predominantly white area, with 82.6% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Boulder, CO is hispanic, making up 7.1% of the population. Foreign-born residents account for 8.7% of the population in Boulder, CO, and this percentage has decreased by 14.7% 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 | 82.6% | -1.0% |
% Black | 1.4% | -12.5% |
% Hispanic | 7.1% | -9.0% |
% Asian | 4.9% | 6.5% |
% Foreign Born | 8.7% | -14.7% |
Mortgage and Risk — Boulder, CO
According to HUD data as of 2023, there were 389 mortgage originations in Boulder, CO, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Boulder, CO. Investor activity is low, as 5.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 389 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 5.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Boulder, CO
As of 2024, the percent of homes in Boulder, 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 Boulder, CO, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 364 |
Total Units Section 8 | 350 |
% Rentals under Section 8 | 4.8% |
% Occupied Section 8 | 88.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $1,800 | $1,740 |
| 2 Bedroom | -$390 | $2,500 | $2,110 |
| 3 Bedroom | -$830 | $3,600 | $2,770 |
| 4 Bedroom | -$1,330 | $4,500 | $3,170 |
Affordability — Boulder, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 19.3 |
| Median Home Price | $1,093,000 |
| Median Household Income | $60,600 |