Boulder, CO—80304
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 $1,191,000, with a year-over-year change of -3.9%. 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 | $1,191,000 | -3.9% |
| Single Family | $1,370,000 | -3.4% |
| Condos | $436,000 | -6.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $319,000 | -7.3% |
2 Bed | $617,000 | -4.8% |
3 Bed | $1,146,000 | -4.0% |
4 Bed | $1,622,000 | -2.4% |
| 5 Bed | $2,226,000 | -2.1% |
% of Housing Stock
Rental Trends — Boulder, CO
As of July '25, Rentcast reports the average rent in Boulder, CO is $2,770, with a year-over-year rent change of -12.9%. Per bedroom, the median rent as of July '25 in Boulder, CO is studios: $1,710, 1-bedrooms: $1,760, 2-bedrooms: $2,420, 3-bedrooms: $3,600, 4-bedrooms: $4,500. The most common rental property sizes in Boulder, CO are 2-bedroom and 3-bedroom, accounting for 38.4% and 24.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $2,770 |
| Studio Rent | $1,650 | $1,710 |
| 1 Bed Rent | $1,650 | $1,760 |
| 2 Bed Rent | $2,300 | $2,420 |
| 3 Bed Rent | $3,500 | $3,600 |
| 4 Bed Rent | $4,200 | $4,500 |
% 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 68. This is a increase of 13.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,100,000 | 2.0% |
Listing Count | 213 | 20.0% |
| Listings as % of Homes | 0.5% | 20.0% |
Days on Market | 68 | 13.0% |
Demographics — Boulder, CO
As of the latest ACS Survey released in 2023, Boulder, CO has a population of 25,600, which has decreased by -5.2% over the past 5 years. Boulder, CO is a moderately popular place for families, as children make up 18.3% of the population. The area has a highly educated workforce, with 77.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 33.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,600 | -5.2% |
% Under 18 | 18.3% | -9.4% |
% Seniors | 17.1% | 23.0% |
% WFH | 33.5% | 95.9% |
% w/ College Degree | 77.5% | 3.6% |
As of the latest ACS Survey released in 2023, Boulder, CO is a predominantly white area, with 75.9% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Boulder, CO is hispanic, making up 15.7% of the population. Foreign-born residents account for 11.5% of the population in Boulder, CO, and this percentage has increased by 10.6% 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 | 75.9% | -6.4% |
% Black | 0.2% | -66.7% |
% Hispanic | 15.7% | 26.6% |
% Asian | 3.2% | 6.7% |
% Foreign Born | 11.5% | 10.6% |
Mortgage and Risk — Boulder, CO
According to HUD data as of 2023, there were 320 mortgage originations in Boulder, CO, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 42.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Boulder, CO. Investor activity is low, as 4.0% 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 | 320 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Boulder, CO
As of 2024, the percent of homes in Boulder, CO under the Section 8 program is 10.6%. 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 units appear to be good home sizes to consider for Section 8 housing in Boulder, CO, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 361 |
Total Units Section 8 | 353 |
% Rentals under Section 8 | 10.6% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $1,650 | $1,810 |
| 2 Bedroom | -$110 | $2,300 | $2,190 |
| 3 Bedroom | -$620 | $3,500 | $2,880 |
| 4 Bedroom | -$910 | $4,200 | $3,290 |
Affordability — Boulder, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.5 |
| Median Home Price | $1,191,000 |
| Median Household Income | $122,000 |