Boulder, CO—80305
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 $956,000, with a year-over-year change of -2.3%. This indicates that home prices in Boulder, CO are decreasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $956,000 | -2.3% |
| Single Family | $1,011,000 | -2.0% |
| Condos | $548,000 | -2.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $590,000 | -2.5% |
3 Bed | $900,000 | -2.6% |
4 Bed | $1,194,000 | -1.5% |
| 5 Bed | $1,198,000 | -1.4% |
% of Housing Stock
Rental Trends — Boulder, CO
As of July '25, Rentcast reports the average rent in Boulder, CO is $3,280, with a year-over-year rent change of -2.4%. Per bedroom, the median rent as of July '25 in Boulder, CO is studios: $1,510, 1-bedrooms: $1,560, 2-bedrooms: $2,760, 3-bedrooms: $3,930, 4-bedrooms: $4,060. The most common rental property sizes in Boulder, CO are 2-bedroom and 1-bedroom, accounting for 33.3% and 24.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,250 | $3,280 |
| Studio Rent | $1,360 | $1,510 |
| 1 Bed Rent | $1,540 | $1,560 |
| 2 Bed Rent | $2,600 | $2,760 |
| 3 Bed Rent | $3,200 | $3,930 |
| 4 Bed Rent | $3,900 | $4,060 |
% 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 57. This is a increase of 8.0% 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 | $1,100,000 | -11.0% |
Listing Count | 65 | 24.0% |
| Listings as % of Homes | 0.2% | 24.0% |
Days on Market | 57 | 8.0% |
Demographics — Boulder, CO
As of the latest ACS Survey released in 2023, Boulder, CO has a population of 16,100, which has decreased by -8.0% over the past 5 years. Boulder, CO is a moderately popular place for families, as children make up 17.9% of the population. The area has a highly educated workforce, with 82.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 40.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,100 | -8.0% |
% Under 18 | 17.9% | 2.3% |
% Seniors | 15.3% | 11.7% |
% WFH | 40.1% | 206.1% |
% w/ College Degree | 82.5% | 5.2% |
As of the latest ACS Survey released in 2023, Boulder, CO is a predominantly white area, with 81.6% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Boulder, CO is hispanic, making up 7.7% of the population. Foreign-born residents account for 8.8% of the population in Boulder, CO, and this percentage has decreased by 3.3% 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 | 81.6% | -3.3% |
% Black | 0.9% | -10.0% |
% Hispanic | 7.7% | 60.4% |
% Asian | 5.9% | 20.4% |
% Foreign Born | 8.8% | -3.3% |
Mortgage and Risk — Boulder, CO
According to HUD data as of 2023, there were 286 mortgage originations in Boulder, CO, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 44.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Boulder, CO. Investor activity is low, as 4.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 286 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Boulder, CO
As of 2024, the percent of homes in Boulder, CO under the Section 8 program is 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 3-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 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 150 |
Total Units Section 8 | 150 |
% Rentals under Section 8 | 6.2% |
% Occupied Section 8 | 88.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $480 | $1,540 | $2,020 |
| 2 Bedroom | -$150 | $2,600 | $2,450 |
| 3 Bedroom | $20 | $3,200 | $3,220 |
| 4 Bedroom | -$190 | $3,900 | $3,710 |
Affordability — Boulder, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.3 |
| Median Home Price | $956,000 |
| Median Household Income | $121,000 |