Platteville, CO—80651
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Platteville, CO
As of Oct '25, the median home price in Platteville, CO is $538,000, with a year-over-year change of -0.8%. This indicates that home prices in Platteville, CO are flat. 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 | $538,000 | -0.8% |
| Single Family | $540,000 | -0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $431,000 | -1.4% |
3 Bed | $498,000 | -1.6% |
4 Bed | $593,000 | -1.3% |
| 5 Bed | $804,000 | 1.0% |
% of Housing Stock
Rental Trends — Platteville, CO
As of July '25, Rentcast reports the average rent in Platteville, CO is $2,460, with a year-over-year rent change of 50.0%. Per bedroom, the median rent as of July '25 in Platteville, CO is 3-bedrooms: $2,100, 4-bedrooms: $2,700. The most common rental property sizes in Platteville, CO are 2-bedroom and 3-bedroom, accounting for 42.8% and 26.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,460 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,900 | $2,100 |
| 4 Bed Rent | $2,600 | $2,700 |
% of Rental Stock
Property Listings — Platteville, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Platteville, CO is 71. This is a increase of 51.0% 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 42.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $791,000 | 19.0% |
Listing Count | 24 | -18.0% |
| Listings as % of Homes | 1.1% | -18.0% |
Days on Market | 71 | 51.0% |
Demographics — Platteville, CO
As of the latest ACS Survey released in 2023, Platteville, CO has a population of 4,550, which has increased by 5.5% over the past 5 years. Platteville, CO is a moderately popular place for families, as children make up 18.4% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,550 | 5.5% |
% Under 18 | 18.4% | -21.4% |
% Seniors | 17.4% | 22.5% |
% WFH | 8.2% | 12.3% |
% w/ College Degree | 23.1% | 40.9% |
As of the latest ACS Survey released in 2023, Platteville, CO is a predominantly white area, with 61.6% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Platteville, CO is hispanic, making up 31.9% of the population. Foreign-born residents account for 8.5% of the population in Platteville, CO, and this percentage has decreased by 7.6% 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 | 61.6% | -4.5% |
% Black | 0.2% | -60.0% |
% Hispanic | 31.9% | -2.7% |
% Asian | 0.3% | -40.0% |
% Foreign Born | 8.5% | -7.6% |
Mortgage and Risk — Platteville, CO
According to HUD data as of 2023, there were 122 mortgage originations in Platteville, CO, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Platteville, CO. Investor activity is low, as 1.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 122 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Platteville, CO
Platteville, CO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,130 |
| 2 Bedroom | N/A | N/A | $1,440 |
| 3 Bedroom | $120 | $1,900 | $2,020 |
| 4 Bedroom | -$300 | $2,600 | $2,300 |
Affordability — Platteville, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $538,000 |
| Median Household Income | $88,600 |