Thornton, CO—80241
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Thornton, CO
As of Oct '25, the median home price in Thornton, CO is $511,000, with a year-over-year change of -2.4%. This indicates that home prices in Thornton, 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 | $511,000 | -2.4% |
| Single Family | $522,000 | -2.6% |
| Condos | $360,000 | -4.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $376,000 | -4.3% |
3 Bed | $500,000 | -2.5% |
4 Bed | $573,000 | -2.4% |
| 5 Bed | $647,000 | -2.7% |
% of Housing Stock
Rental Trends — Thornton, CO
As of July '25, Rentcast reports the average rent in Thornton, CO is $2,540, with a year-over-year rent change of 13.4%. Per bedroom, the median rent as of July '25 in Thornton, CO is studios: $1,490, 1-bedrooms: $1,570, 2-bedrooms: $2,210, 3-bedrooms: $2,780, 4-bedrooms: $3,140. The most common rental property sizes in Thornton, CO are 3-bedroom and 2-bedroom, accounting for 32.1% and 31.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,540 |
| Studio Rent | $1,450 | $1,490 |
| 1 Bed Rent | $1,530 | $1,570 |
| 2 Bed Rent | $2,200 | $2,210 |
| 3 Bed Rent | $2,800 | $2,780 |
| 4 Bed Rent | $3,100 | $3,140 |
% of Rental Stock
Property Listings — Thornton, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Thornton, CO is 65. This is a increase of 48.0% 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 51.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $497,000 | -4.0% |
Listing Count | 102 | 9.0% |
| Listings as % of Homes | 0.5% | 9.0% |
Days on Market | 65 | 48.0% |
Demographics — Thornton, CO
As of the latest ACS Survey released in 2023, Thornton, CO has a population of 33,400, which has remained stable by -0.1% over the past 5 years. Thornton, CO is a moderately popular place for families, as children make up 24.0% of the population. The area has a moderately educated workforce, with 41.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,400 | -0.1% |
% Under 18 | 24.0% | -8.4% |
% Seniors | 12.2% | 9.9% |
% WFH | 16.0% | 102.5% |
% w/ College Degree | 41.1% | 14.2% |
As of the latest ACS Survey released in 2023, Thornton, CO is a predominantly white area, with 63.2% of the population identifying as white. The white population has shrunk by 11.9% in the last 5 years. The second most common race or ethnicity in Thornton, CO is hispanic, making up 24.5% of the population. Foreign-born residents account for 8.5% of the population in Thornton, CO, and this percentage has increased by 19.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 63.2% | -11.9% |
% Black | 2.2% | 15.8% |
% Hispanic | 24.5% | 28.3% |
% Asian | 5.8% | 18.4% |
% Foreign Born | 8.5% | 19.7% |
Mortgage and Risk — Thornton, CO
Thornton, CO lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Thornton, CO
As of 2024, the percent of homes in Thornton, CO under the Section 8 program is 1.7%. 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 Thornton, 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 | 56 |
Total Units Section 8 | 56 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $480 | $1,530 | $2,010 |
| 2 Bedroom | $210 | $2,200 | $2,410 |
| 3 Bedroom | $350 | $2,800 | $3,150 |
| 4 Bedroom | $420 | $3,100 | $3,520 |
Affordability — Thornton, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $511,000 |
| Median Household Income | $108,000 |