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  5. /Globeville, Denver, CO - 80216

Globeville, Denver, CO—80216

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$358,000
4.4% YoY Growth
Household Income
$86,900
51.5% YoY Growth
Days on Market
57
19.0% Shorter YoY
Home Price Forecast
-1.3%
Median Rent
$1,640
16.1% YoY Growth
1-Bed Rent
$1,580
16.1% YoY Growth
2-Bed Rent
$2,020
19.8% YoY Growth
3-Bed Rent
$2,350
18.4% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Globeville, Denver, CO

As of May '26, the median home price in Globeville, Denver, CO is $358,000, with a year-over-year change of -4.4%. This indicates that home prices in Globeville, Denver, 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 TypeMedian Home ValueYoY % Change
All Homes
$358,000-4.4%
Single Family $363,000-3.7%
Condos $290,000-4.0%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • $291,000
    -6.1%
    2 Bed
    		$334,000-4.6%
    3 Bed
    		$386,000-3.7%
    4 Bed
    		$437,000-2.9%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    5.9%
    1 Bedroom
    31.3%
    2 Bedrooms
    37.9%
    3 Bedrooms
    16.6%
    4 Bedrooms
    6.5%
    5+ Bedrooms
    1.8%

    Rental Trends — Globeville, Denver, CO

    As of July '25, Rentcast reports the average rent in Globeville, Denver, CO is $1,820, with a year-over-year rent change of -16.1%. Per bedroom, the median rent as of July '25 in Globeville, Denver, CO is studios: $1,340, 1-bedrooms: $1,560, 2-bedrooms: $2,060, 3-bedrooms: $2,390, 4-bedrooms: $2,740. The most common rental property sizes in Globeville, Denver, CO are 1-bedroom and 2-bedroom, accounting for 40.9% and 35.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,640$1,820
    Studio Rent $1,260$1,340
    1 Bed Rent $1,580$1,560
    2 Bed Rent $2,020$2,060
    3 Bed Rent $2,350$2,390
    4 Bed Rent $2,700$2,740
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    % of Rental Stock

    Studio
    7.1%
    1 Bedroom
    40.9%
    2 Bedrooms
    35.8%
    3 Bedrooms
    12.3%
    4 Bedrooms
    3.1%
    5+ Bedrooms
    0.8%

    Property Listings — Globeville, Denver, CO

    As of May '26, Realtor.com reports that the median days on market for a home in Globeville, Denver, CO is 57. This is a decrease of -19.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$380,000-3.0%
    Listing Count
    		5215.0%
    Listings as % of Homes0.3%15.0%
    Days on Market
    		57-19.0%
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    Demographics — Globeville, Denver, CO

    As of the latest ACS Survey released in 2023, Globeville, Denver, CO has a population of 16,600, which has increased by 26.6% over the past 5 years. Globeville, Denver, CO is a moderately popular place for families, as children make up 18.0% of the population. The area has a moderately educated workforce, with 38.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		16,60026.6%
    % Under 18
    		18.0%-22.7%
    % Seniors
    		5.5%-11.3%
    % WFH
    		20.3%153.8%
    % w/ College Degree
    		38.3%70.2%
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    As of the latest ACS Survey released in 2023, Globeville, Denver, CO is a predominantly hispanic area, with 51.5% of the population identifying as hispanic. The hispanic population has shrunk by 20.5% in the last 5 years. The second most common race or ethnicity in Globeville, Denver, CO is white, making up 36.7% of the population. Foreign-born residents account for 19.7% of the population in Globeville, Denver, CO, and this percentage has decreased by 27.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		36.7%32.0%
    % Black
    		6.0%17.6%
    % Hispanic
    		51.5%-20.5%
    % Asian
    		1.5%200.0%
    % Foreign Born
    		19.7%-27.6%
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    Mortgage and Risk — Globeville, Denver, CO

    According to HUD data as of 2023, there were 107 mortgage originations in Globeville, Denver, CO, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Globeville, Denver, CO. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		107
    % Conventional Loans
    		78.0%
    % Government Loans
    		22.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		14.0%
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    Rentals and Section 8 — Globeville, Denver, CO

    As of 2024, the percent of homes in Globeville, Denver, CO under the Section 8 program is 9.4%. 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 Globeville, Denver, 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
    		542
    Total Units Section 8
    		512
    % Rentals under Section 8
    		9.4%
    % Occupied Section 8
    		89.7%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$280$1,580$1,860
    2 Bedroom$200$2,020$2,220
    3 Bedroom$550$2,350$2,900
    4 Bedroom$540$2,700$3,240

    Affordability — Globeville, Denver, CO

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.6
    Median Home Price$358,000
    Median Household Income$86,900

    Globeville, Denver, CO — ZIP Code Boundary Map

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    Frequently Asked Questions