Westminster, CO—80030
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Westminster, CO
As of Oct '25, the median home price in Westminster, CO is $434,000, with a year-over-year change of -4.1%. This indicates that home prices in Westminster, CO are decreasing. According to Zillow, the 1-year price projection is -1.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $434,000 | -4.1% |
| Single Family | $441,000 | -4.1% |
| Condos | $329,000 | -4.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $368,000 | -5.4% |
3 Bed | $427,000 | -4.5% |
4 Bed | $488,000 | -4.3% |
| 5 Bed | $500,000 | -4.0% |
% of Housing Stock
Rental Trends — Westminster, CO
As of July '25, Rentcast reports the average rent in Westminster, CO is $1,550, with a year-over-year rent change of -1.9%. Per bedroom, the median rent as of July '25 in Westminster, CO is studios: $1,340, 1-bedrooms: $1,200, 2-bedrooms: $1,530, 3-bedrooms: $2,520, 4-bedrooms: $2,880. The most common rental property sizes in Westminster, CO are 1-bedroom and 2-bedroom, accounting for 40.3% and 38.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,380 | $1,550 |
| Studio Rent | $1,210 | $1,340 |
| 1 Bed Rent | $1,200 | $1,200 |
| 2 Bed Rent | $1,450 | $1,530 |
| 3 Bed Rent | $2,350 | $2,520 |
| 4 Bed Rent | $2,800 | $2,880 |
% of Rental Stock
Property Listings — Westminster, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Westminster, CO is 38. This is a increase of 30.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $469,000 | -4.0% |
Listing Count | 43 | 15.0% |
| Listings as % of Homes | 0.2% | 15.0% |
Days on Market | 38 | 30.0% |
Demographics — Westminster, CO
As of the latest ACS Survey released in 2023, Westminster, CO has a population of 15,900, which has decreased by -4.0% over the past 5 years. Westminster, CO is a moderately popular place for families, as children make up 24.5% of the population. The area has a moderately educated workforce, with 29.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,900 | -4.0% |
% Under 18 | 24.5% | 7.9% |
% Seniors | 15.0% | 14.5% |
% WFH | 15.7% | 613.6% |
% w/ College Degree | 29.8% | 74.3% |
As of the latest ACS Survey released in 2023, Westminster, CO is a predominantly white area, with 48.3% of the population identifying as white. The white population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Westminster, CO is hispanic, making up 42.6% of the population. Foreign-born residents account for 8.3% of the population in Westminster, CO, and this percentage has decreased by 46.1% 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 | 48.3% | 0.6% |
% Black | 1.9% | -40.6% |
% Hispanic | 42.6% | -0.9% |
% Asian | 3.1% | 0.0% |
% Foreign Born | 8.3% | -46.1% |
Mortgage and Risk — Westminster, CO
According to HUD data as of 2023, there were 291 mortgage originations in Westminster, CO, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Westminster, CO. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 291 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Westminster, CO
As of 2024, the percent of homes in Westminster, CO under the Section 8 program is 11.9%. 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 Westminster, 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 | 401 |
Total Units Section 8 | 321 |
% Rentals under Section 8 | 11.9% |
% Occupied Section 8 | 94.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $460 | $1,200 | $1,660 |
| 2 Bedroom | $540 | $1,450 | $1,990 |
| 3 Bedroom | $240 | $2,350 | $2,590 |
| 4 Bedroom | $110 | $2,800 | $2,910 |
Affordability — Westminster, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.3 |
| Median Home Price | $434,000 |
| Median Household Income | $62,000 |