Watkins, CO80137

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$586,000
2.2% YoY Growth
Median Household Income
$141,000
51.8% 5-Year Growth
Days on Market
54
52.0% Longer than last year
Home Price Forecast
-0.9%
Median Rent
$765
77.5% YoY Growth
1-Bed Rent
$765
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Watkins, CO

As of Aug '25 and according to Realtor.com, the median days on market for a home in Watkins, CO is 54. This is an increase of 52.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 55.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$540,000-45.0%
Listing Count
42N/A
Listings as % of Homes0.6%N/A
Days on Market
5452.0%
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Demographics — Watkins, CO

MetricLatest CensusYoY % Change
Population
2,02021.5%
% Under 18
25.4%-31.2%
% Under 5N/AN/A
% Seniors
19.2%128.6%
% WFH
12.2%-6.2%
% w/ College Degree
24.5%22.5%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
61.4%-9.3%
% Black
9.5%21.8%
% Hispanic
27.8%21.9%
% Asian
0.0%N/A
% Foreign Born
10.9%336.0%
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Mortgage and Risk — Watkins, CO

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Watkins, CO in that year was NA. NA of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was NA. Of those, NA were >90% loan to value. This is considered unknown, suggesting that mortgage risk is unknown in Watkins, CO. Investor activity in Watkins, CO is unknown, as NA of all loans are originated by investors. In 2023, NA of all loans were cash-out refinances, suggesting unknown homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
N/AN/AN/A
% Conventional Loans
N/AN/AN/A
% Government Loans
N/AN/AN/A
% Investor Loans
N/AN/AN/A
% Second Loans
N/AN/AN/A
% Cash Out Refinance
N/AN/AN/A
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Rentals and Section 8 — Watkins, CO

As of 2024, the percent of homes in Watkins, CO under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$895$765$1,660
2 BedroomN/AN/A$1,990
3 BedroomN/AN/A$2,590
4 BedroomN/AN/A$2,910

Affordability — Watkins, CO

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio4.3N/AN/A
Median Home Price$586,000N/AN/A
Median Household Income$141,000N/AN/A

Watkins, CO — ZIP Code Boundary Map

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