Wheeler Junction—80443
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wheeler Junction
As of Oct '25, the median home price in Wheeler Junction is $962,000, with a year-over-year change of -3.8%. This indicates that home prices in Wheeler Junction are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $962,000 | -3.8% |
| Single Family | $1,400,000 | -2.9% |
| Condos | $791,000 | -3.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $591,000 | -3.7% |
2 Bed | $862,000 | -4.3% |
3 Bed | $1,306,000 | -2.0% |
4 Bed | $1,905,000 | -0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wheeler Junction
As of July '25, Rentcast reports the average rent in Wheeler Junction is $4,080, with a year-over-year rent change of -8.7%. Per bedroom, the median rent as of July '25 in Wheeler Junction is studios: $2,000, 1-bedrooms: $2,950, 2-bedrooms: $3,440, 3-bedrooms: $5,000, 4-bedrooms: $6,750. The most common rental property sizes in Wheeler Junction are 2-bedroom and 1-bedroom, accounting for 50.6% and 31.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,600 | $4,080 |
| Studio Rent | $2,000 | $2,000 |
| 1 Bed Rent | $2,500 | $2,950 |
| 2 Bed Rent | $3,500 | $3,440 |
| 3 Bed Rent | $4,750 | $5,000 |
| 4 Bed Rent | $6,500 | $6,750 |
% of Rental Stock
Property Listings — Wheeler Junction
As of Oct '25, Realtor.com reports that the median days on market for a home in Wheeler Junction is 76. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,000,000 | -10.0% |
Listing Count | 131 | -3.0% |
| Listings as % of Homes | 1.4% | -3.0% |
Days on Market | 76 | 0.0% |
Demographics — Wheeler Junction
As of the latest ACS Survey released in 2023, Wheeler Junction has a population of 3,940, which has decreased by -9.2% over the past 5 years. Wheeler Junction is a less popular place for families, as children make up 10.8% of the population. The area has a highly educated workforce, with 60.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,940 | -9.2% |
% Under 18 | 10.8% | -37.9% |
% Seniors | 23.5% | 56.7% |
% WFH | 8.4% | -29.4% |
% w/ College Degree | 60.4% | 20.6% |
As of the latest ACS Survey released in 2023, Wheeler Junction is a predominantly white area, with 75.3% of the population identifying as white. The white population has shrunk by 16.7% in the last 5 years. The second most common race or ethnicity in Wheeler Junction is hispanic, making up 4.6% of the population. Foreign-born residents account for 8.4% of the population in Wheeler Junction, and this percentage has increased by 47.4% 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 | 75.3% | -16.7% |
% Black | 0.0% | N/A |
% Hispanic | 4.6% | 12.2% |
% Asian | 0.7% | -66.7% |
% Foreign Born | 8.4% | 47.4% |
Mortgage and Risk — Wheeler Junction
According to HUD data as of 2023, there were 152 mortgage originations in Wheeler Junction, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Wheeler Junction. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 152 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 4.0% |
% Second Loans | 51.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Wheeler Junction
Wheeler Junction lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$410 | $2,500 | $2,090 |
| 2 Bedroom | -$760 | $3,500 | $2,740 |
| 3 Bedroom | -$1,010 | $4,750 | $3,740 |
| 4 Bedroom | -$2,490 | $6,500 | $4,010 |
Affordability — Wheeler Junction
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9 |
| Median Home Price | $962,000 |
| Median Household Income | $112,000 |