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Thornton, CO—80241

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$507,000
2.5% YoY Growth
Household Income
$108,000
23.0% YoY Growth
Days on Market
71
34.0% Longer YoY
Home Price Forecast
-1.0%
Median Rent
$2,600
13.4% YoY Growth
1-Bed Rent
$1,530
5.4% YoY Growth
2-Bed Rent
$2,200
5.7% YoY Growth
3-Bed Rent
$2,800
1.5% YoY Growth

Other Zip Codes in Thornton, CO

8022980602
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Thornton, CO

As of Dec '25, the median home price in Thornton, CO is $507,000, with a year-over-year change of -2.5%. This indicates that home prices in Thornton, CO are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$507,000-2.5%
Single Family $518,000-2.6%
Condos $356,000-3.8%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$373,000-4.4%
    3 Bed
    		$495,000-2.8%
    4 Bed
    		$567,000-2.7%
    5 Bed $639,597-2.8%
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    % of Housing Stock

    Studio
    1.4%
    1 Bedroom
    4.7%
    2 Bedrooms
    19.6%
    3 Bedrooms
    42.1%
    4 Bedrooms
    21.8%
    5+ Bedrooms
    10.4%

    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.

    TypeMedian RentAverage 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
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    % of Rental Stock

    Studio
    5.0%
    1 Bedroom
    20.2%
    2 Bedrooms
    31.9%
    3 Bedrooms
    32.1%
    4 Bedrooms
    5.3%
    5+ Bedrooms
    5.5%

    Property Listings — Thornton, CO

    As of Dec '25, Realtor.com reports that the median days on market for a home in Thornton, CO is 59. This is a increase of 40.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$461,000-11.0%
    Listing Count
    		710.0%
    Listings as % of Homes0.5%0.0%
    Days on Market
    		7134.0%
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    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.

    MetricLatest CensusYoY % 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%
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    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

    MetricLatest Census5-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%
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    Mortgage and Risk — Thornton, CO

    Thornton, CO lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip 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
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio4.8
    Median Home Price$507,000
    Median Household Income$108,000

    Thornton, CO — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Northglenn, Thornton, CO

    80233

    Westminster, CO

    80234

    Thornton, CO

    80602

    Broomfield, CO

    80023

    Thornton, CO

    80229

    Frequently Asked Questions