Boulder, CO—80301
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Boulder, CO
As of Oct '25, the median home price in Boulder, CO is $696,000, with a year-over-year change of -3.6%. This indicates that home prices in Boulder, CO are decreasing. 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 | $696,000 | -3.7% |
| Single Family | $914,000 | -2.0% |
| Condos | $366,000 | -7.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $296,000 | -7.8% |
2 Bed | $390,000 | -6.9% |
3 Bed | $771,000 | -3.0% |
4 Bed | $1,054,000 | -1.3% |
| 5 Bed | $1,373,000 | -0.5% |
% of Housing Stock
Rental Trends — Boulder, CO
As of July '25, Rentcast reports the average rent in Boulder, CO is $2,560, with a year-over-year rent change of -2.3%. Per bedroom, the median rent as of July '25 in Boulder, CO is studios: $1,740, 1-bedrooms: $1,970, 2-bedrooms: $2,260, 3-bedrooms: $3,500, 4-bedrooms: $4,330. The most common rental property sizes in Boulder, CO are 2-bedroom and 1-bedroom, accounting for 46.3% and 26.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,190 | $2,560 |
| Studio Rent | $1,690 | $1,740 |
| 1 Bed Rent | $1,850 | $1,970 |
| 2 Bed Rent | $2,100 | $2,260 |
| 3 Bed Rent | $3,000 | $3,500 |
| 4 Bed Rent | $3,950 | $4,330 |
% of Rental Stock
Property Listings — Boulder, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Boulder, CO is 62. This is a increase of 28.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $575,000 | -19.0% |
Listing Count | 179 | 11.0% |
| Listings as % of Homes | 0.3% | 11.0% |
Days on Market | 62 | 28.0% |
Demographics — Boulder, CO
As of the latest ACS Survey released in 2023, Boulder, CO has a population of 25,300, which has decreased by -1.7% over the past 5 years. Boulder, CO is a less popular place for families, as children make up 14.2% of the population. The area has a highly educated workforce, with 69.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 32.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,300 | -1.7% |
% Under 18 | 14.2% | -9.0% |
% Seniors | 15.4% | 14.1% |
% WFH | 32.3% | 164.8% |
% w/ College Degree | 69.3% | 1.8% |
As of the latest ACS Survey released in 2023, Boulder, CO is a predominantly white area, with 79.9% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Boulder, CO is hispanic, making up 10.8% of the population. Foreign-born residents account for 9.2% of the population in Boulder, CO, and this percentage has decreased by 20.7% 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 | 79.9% | -2.8% |
% Black | 0.9% | 50.0% |
% Hispanic | 10.8% | -0.9% |
% Asian | 3.6% | -5.3% |
% Foreign Born | 9.2% | -20.7% |
Mortgage and Risk — Boulder, CO
According to HUD data as of 2023, there were 408 mortgage originations in Boulder, CO, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Boulder, CO. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 408 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Boulder, CO
As of 2024, the percent of homes in Boulder, CO under the Section 8 program is 8.7%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Boulder, CO, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 525 |
Total Units Section 8 | 525 |
% Rentals under Section 8 | 8.7% |
% Occupied Section 8 | 88.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$100 | $1,850 | $1,750 |
| 2 Bedroom | $20 | $2,100 | $2,120 |
| 3 Bedroom | -$220 | $3,000 | $2,780 |
| 4 Bedroom | -$770 | $3,950 | $3,180 |
Affordability — Boulder, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.7 |
| Median Home Price | $696,000 |
| Median Household Income | $93,000 |