Cascade-Chipita Park—80819
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cascade-Chipita Park
As of Aug '25, the median home price in Cascade-Chipita Park is $393,000, with a year-over-year change of -1.3%. This indicates that home prices in Cascade-Chipita Park are decreasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $268,000 | 1.5% |
2 Bed | $366,000 | -1.3% |
3 Bed | $472,000 | -0.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
Rental Trends — Cascade-Chipita Park
As of Jul '25, the average rent in Cascade-Chipita Park is $1,920, with a year-over-year rent change of 23.1%. 2-bedroom units average $1,660 (53.7%); 3-bedroom units average $2,700 (13.4%)
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $1,920 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,000 | $1,660 |
| 3 Bed Rent | $2,700 | $2,700 |
| 4 Bed Rent | N/A | N/A |
Property Listings — Cascade-Chipita Park
As of Aug '25 and according to Realtor.com, the median days on market for a home in Cascade-Chipita Park is 92. This is an increase of 26.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 67.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $538,000 | 22.0% |
Listing Count | 14 | N/A |
| Listings as % of Homes | 1.0% | N/A |
Days on Market | 92 | 26.0% |
Demographics — Cascade-Chipita Park
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 882 | 13.2% |
% Under 18 | 8.4% | -59.8% |
| % Under 5 | N/A | N/A |
% Seniors | 13.0% | -45.1% |
% WFH | 28.3% | 466.0% |
% w/ College Degree | 45.0% | 17.8% |
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.5% | -9.6% |
% Black | 2.6% | 100.0% |
% Hispanic | 19.6% | 284.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.9% | -76.9% |
Mortgage and Risk — Cascade-Chipita Park
According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Cascade-Chipita Park in that year was NA. NA of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was NA. Of those, NA were >90% loan to value. This is considered unknown, suggesting that mortgage risk is unknown in Cascade-Chipita Park. Investor activity in Cascade-Chipita Park is unknown, as NA of all loans are originated by investors. In 2023, NA of all loans were cash-out refinances, suggesting unknown homeowners are actively tapping their home's equity.
Mortgages
| Metric | Zip Code Average | Metro Average | State Average |
|---|---|---|---|
Total Loan Originations | N/A | N/A | N/A |
% Conventional Loans | N/A | N/A | N/A |
% Government Loans | N/A | N/A | N/A |
% Investor Loans | N/A | N/A | N/A |
% Second Loans | N/A | N/A | N/A |
% Cash Out Refinance | N/A | N/A | N/A |
Rentals and Section 8 — Cascade-Chipita Park
As of 2024, the percent of homes in Cascade-Chipita Park under the Section 8 program is 1.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,210 |
| 2 Bedroom | -$550 | $2,000 | $1,450 |
| 3 Bedroom | -$660 | $2,700 | $2,040 |
| 4 Bedroom | N/A | N/A | $2,330 |
Affordability — Cascade-Chipita Park
Home Price to Income Ratio
| Metric | Zip Code Average | Metro Average | State Average |
|---|---|---|---|
| Home Price to Income Ratio | 3.7 | N/A | N/A |
| Median Home Price | $393,000 | N/A | N/A |
| Median Household Income | $105,000 | N/A | N/A |