Gilpin, CO—80422
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gilpin, CO
As of Oct '25, the median home price in Gilpin, CO is $566,000, with a year-over-year change of 0.8%. This indicates that home prices in Gilpin, CO are flat. 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 | $566,000 | 0.8% |
| Single Family | $566,000 | -0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $341,000 | 0.9% |
2 Bed | $487,000 | -0.4% |
3 Bed | $634,000 | -0.3% |
4 Bed | $775,000 | -0.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gilpin, CO
As of July '25, Rentcast reports the average rent in Gilpin, CO is $2,300, with a year-over-year rent change of -27.0%. Per bedroom, the median rent as of July '25 in Gilpin, CO is 2-bedrooms: $2,300. The most common rental property sizes in Gilpin, CO are 1-bedroom and 2-bedroom, accounting for 44.5% and 23.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,300 | $2,300 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Gilpin, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Gilpin, CO is 83. This is a decrease of -5.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $725,000 | -6.0% |
Listing Count | 59 | 25.0% |
| Listings as % of Homes | 0.5% | 25.0% |
Days on Market | 83 | -5.0% |
Demographics — Gilpin, CO
As of the latest ACS Survey released in 2023, Gilpin, CO has a population of 4,370, which has decreased by -5.3% over the past 5 years. Gilpin, CO is a less popular place for families, as children make up 13.0% of the population. The area has a highly educated workforce, with 46.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,370 | -5.3% |
% Under 18 | 13.0% | -24.0% |
% Seniors | 21.6% | 39.4% |
% WFH | 16.7% | 26.5% |
% w/ College Degree | 46.9% | 22.5% |
As of the latest ACS Survey released in 2023, Gilpin, CO is a predominantly white area, with 83.9% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Gilpin, CO is hispanic, making up 5.9% of the population. Foreign-born residents account for 6.3% of the population in Gilpin, CO, and this percentage has increased by 103.2% 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 | 83.9% | -1.1% |
% Black | 1.5% | ∞% |
% Hispanic | 5.9% | -43.8% |
% Asian | 0.8% | ∞% |
% Foreign Born | 6.3% | 103.2% |
Mortgage and Risk — Gilpin, CO
According to HUD data as of 2023, there were 169 mortgage originations in Gilpin, CO, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Gilpin, CO. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 169 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 3.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Gilpin, CO
Gilpin, CO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,660 |
| 2 Bedroom | -$300 | $2,300 | $2,000 |
| 3 Bedroom | N/A | N/A | $2,610 |
| 4 Bedroom | N/A | N/A | $3,060 |
Affordability — Gilpin, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.5 |
| Median Home Price | $566,000 |
| Median Household Income | $83,500 |