Greeley, CO—80631
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Greeley, CO
Home Price Trends — Greeley, CO
As of Oct '25, the median home price in Greeley, CO is $365,000, with a year-over-year change of -1.1%. This indicates that home prices in Greeley, CO are decreasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $365,000 | -1.1% |
| Single Family | $365,000 | -1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $250,000 | -2.3% |
2 Bed | $307,000 | -1.6% |
3 Bed | $359,000 | -1.1% |
4 Bed | $389,000 | -1.8% |
| 5 Bed | $431,000 | -1.8% |
% of Housing Stock
Rental Trends — Greeley, CO
As of July '25, Rentcast reports the average rent in Greeley, CO is $1,440, with a year-over-year rent change of 2.1%. Per bedroom, the median rent as of July '25 in Greeley, CO is studios: $1,010, 1-bedrooms: $978, 2-bedrooms: $1,310, 3-bedrooms: $1,790, 4-bedrooms: $2,110. The most common rental property sizes in Greeley, CO are 2-bedroom and 3-bedroom, accounting for 41.7% and 23.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,320 | $1,440 |
| Studio Rent | $1,020 | $1,010 |
| 1 Bed Rent | $950 | $978 |
| 2 Bed Rent | $1,300 | $1,310 |
| 3 Bed Rent | $1,700 | $1,790 |
| 4 Bed Rent | $2,100 | $2,110 |
% of Rental Stock
Property Listings — Greeley, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Greeley, CO is 54. This is a increase of 25.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $377,000 | -7.0% |
Listing Count | 110 | 5.0% |
| Listings as % of Homes | 0.3% | 5.0% |
Days on Market | 54 | 25.0% |
Demographics — Greeley, CO
As of the latest ACS Survey released in 2023, Greeley, CO has a population of 53,900, which has decreased by -3.5% over the past 5 years. Greeley, CO is a popular place for families, as children make up 25.3% of the population. The area has a poorly educated workforce, with 18.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 53,900 | -3.5% |
% Under 18 | 25.3% | -2.3% |
% Seniors | 9.2% | 5.7% |
% WFH | 7.1% | 82.1% |
% w/ College Degree | 18.2% | 19.0% |
As of the latest ACS Survey released in 2023, Greeley, CO is a predominantly hispanic area, with 54.3% of the population identifying as hispanic. The hispanic population has grown by 9.5% in the last 5 years. The second most common race or ethnicity in Greeley, CO is white, making up 38.8% of the population. Foreign-born residents account for 19.0% of the population in Greeley, CO, and this percentage has increased by 21.0% 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 | 38.8% | -11.2% |
% Black | 3.5% | 2.9% |
% Hispanic | 54.3% | 9.5% |
% Asian | 1.2% | 9.1% |
% Foreign Born | 19.0% | 21.0% |
Mortgage and Risk — Greeley, CO
According to HUD data as of 2023, there were 538 mortgage originations in Greeley, CO, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Greeley, CO. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 538 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Greeley, CO
As of 2024, the percent of homes in Greeley, CO under the Section 8 program is 13.2%. 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. In Greeley, 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 | 1,403 |
Total Units Section 8 | 1,254 |
% Rentals under Section 8 | 13.2% |
% Occupied Section 8 | 85.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $950 | $1,080 |
| 2 Bedroom | $80 | $1,300 | $1,380 |
| 3 Bedroom | $250 | $1,700 | $1,950 |
| 4 Bedroom | $70 | $2,100 | $2,170 |
Affordability — Greeley, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.9 |
| Median Home Price | $365,000 |
| Median Household Income | $52,500 |