Larkspur, CO—80118
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Larkspur, CO
As of Oct '25, the median home price in Larkspur, CO is $933,000, with a year-over-year change of -1.0%. This indicates that home prices in Larkspur, 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 | $933,000 | -1.0% |
| Single Family | $935,000 | -1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $976,000 | 0.4% |
2 Bed | $782,000 | -1.0% |
3 Bed | $837,000 | -1.4% |
4 Bed | $980,000 | -2.0% |
| 5 Bed | $1,126,000 | -0.7% |
% of Housing Stock
Rental Trends — Larkspur, CO
As of July '25, Rentcast reports the average rent in Larkspur, CO is $3,530, with a year-over-year rent change of -11.8%. Per bedroom, the median rent as of July '25 in Larkspur, CO is 3-bedrooms: $1,800, 4-bedrooms: $4,300. The most common rental property sizes in Larkspur, CO are 4-bedroom and 3-bedroom, accounting for 72.3% and 24.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,300 | $3,530 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | $4,300 | $4,300 |
% of Rental Stock
Property Listings — Larkspur, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Larkspur, CO is 92. This is a increase of 37.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,120,000 | 7.0% |
Listing Count | 81 | 42.0% |
| Listings as % of Homes | 1.1% | 42.0% |
Days on Market | 92 | 37.0% |
Demographics — Larkspur, CO
As of the latest ACS Survey released in 2023, Larkspur, CO has a population of 5,950, which has decreased by -7.0% over the past 5 years. Larkspur, CO is a moderately popular place for families, as children make up 16.9% of the population. The area has a highly educated workforce, with 64.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 29.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,950 | -7.0% |
% Under 18 | 16.9% | 0.6% |
% Seniors | 21.5% | 13.8% |
% WFH | 29.1% | 68.2% |
% w/ College Degree | 64.5% | 18.1% |
As of the latest ACS Survey released in 2023, Larkspur, CO is a predominantly white area, with 92.8% of the population identifying as white. The white population has grown by 1.8% in the last 5 years. The second most common race or ethnicity in Larkspur, CO is hispanic, making up 2.3% of the population. Foreign-born residents account for 2.9% of the population in Larkspur, CO, and this percentage has decreased by 34.1% 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 | 92.8% | 1.8% |
% Black | 0.0% | -100.0% |
% Hispanic | 2.3% | -58.2% |
% Asian | 0.5% | -37.5% |
% Foreign Born | 2.9% | -34.1% |
Mortgage and Risk — Larkspur, CO
According to HUD data as of 2023, there were 165 mortgage originations in Larkspur, CO, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 41.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Larkspur, CO. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 165 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Larkspur, CO
Larkspur, 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 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,210 |
| 2 Bedroom | N/A | N/A | $2,650 |
| 3 Bedroom | $1,660 | $1,800 | $3,460 |
| 4 Bedroom | -$420 | $4,300 | $3,880 |
Affordability — Larkspur, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $933,000 |
| Median Household Income | $153,000 |