Morrison, CO—80465
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Morrison, CO
As of Oct '25, the median home price in Morrison, CO is $708,000, with a year-over-year change of -1.8%. This indicates that home prices in Morrison, 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 | $708,000 | -1.8% |
| Single Family | $714,000 | -2.1% |
| Condos | $348,000 | -3.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $419,000 | -3.0% |
2 Bed | $544,000 | -2.5% |
3 Bed | $619,000 | -2.2% |
4 Bed | $773,000 | -1.8% |
| 5 Bed | $1,205,000 | 0.2% |
% of Housing Stock
Rental Trends — Morrison, CO
As of July '25, Rentcast reports the average rent in Morrison, CO is $2,840, with a year-over-year rent change of -6.9%. Per bedroom, the median rent as of July '25 in Morrison, CO is 1-bedrooms: $1,460, 2-bedrooms: $2,500, 3-bedrooms: $2,570, 4-bedrooms: $3,870. The most common rental property sizes in Morrison, CO are 4-bedroom and 2-bedroom, accounting for 23.7% and 21.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $2,840 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,460 |
| 2 Bed Rent | $2,500 | $2,500 |
| 3 Bed Rent | $2,600 | $2,570 |
| 4 Bed Rent | $3,350 | $3,870 |
% of Rental Stock
Property Listings — Morrison, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Morrison, CO is 66. This is a increase of 20.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $896,000 | -2.0% |
Listing Count | 99 | -4.0% |
| Listings as % of Homes | 1.0% | -4.0% |
Days on Market | 66 | 20.0% |
Demographics — Morrison, CO
As of the latest ACS Survey released in 2023, Morrison, CO has a population of 16,300, which has increased by 1.3% over the past 5 years. Morrison, CO is a moderately popular place for families, as children make up 17.0% of the population. The area has a highly educated workforce, with 53.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,300 | 1.3% |
% Under 18 | 17.0% | -12.8% |
% Seniors | 19.3% | 17.0% |
% WFH | 21.6% | 101.9% |
% w/ College Degree | 53.2% | 3.9% |
As of the latest ACS Survey released in 2023, Morrison, CO is a predominantly white area, with 79.4% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Morrison, CO is hispanic, making up 12.2% of the population. Foreign-born residents account for 4.4% of the population in Morrison, CO, and this percentage has increased by 22.2% 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 | 79.4% | -6.9% |
% Black | 1.9% | 72.7% |
% Hispanic | 12.2% | 6.1% |
% Asian | 2.3% | 155.6% |
% Foreign Born | 4.4% | 22.2% |
Mortgage and Risk — Morrison, CO
Morrison, CO lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Morrison, CO
As of 2024, the percent of homes in Morrison, CO under the Section 8 program is 1.6%. 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. In Morrison, CO, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 13 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $780 | $1,400 | $2,180 |
| 2 Bedroom | $110 | $2,500 | $2,610 |
| 3 Bedroom | $810 | $2,600 | $3,410 |
| 4 Bedroom | $460 | $3,350 | $3,810 |
Affordability — Morrison, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $708,000 |
| Median Household Income | $130,000 |