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Featured local agent — Wheat Ridge, CO
Sarah Mitchell
Compass Real Estate · Wheat Ridge, CO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Wheat Ridge, CO Housing Market & Real Estate
Housing market overview · Updated monthly ·
$691,750median sale price
How is the Wheat Ridge, CO housing market right now?
The median home sale price in Wheat Ridge, CO is $691,750, up 6.4% year-over-year. Homes sell in an average of 18 days with 111 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Wheat Ridge a buyer's or seller's market?
Wheat Ridge, CO is currently a balanced market, based on 3.0 months of supply and homes selling in about 18 days. How we determine this →
Homes sold
37
Last 12 weeks
Days on market
18
Fast-moving
Active listings
111
3.0 months supply
Sale-to-list
99.2%
Below asking
What does the Wheat Ridge housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $691,750 |
| Median list price | $650,000 |
| Year-over-year price change | +6.4% |
| Average days on market | 18 days |
| Active inventory | 111 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 99.2% |
| Median price per sq ft | $385/sq ft |
| Homes sold (latest month) | 37 |
| New listings (latest month) | 57 |
| Listings with a price cut | 46.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Wheat Ridge by property type?
How the Wheat Ridge, CO market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $735,000 | $424/sq ft | 26 | 7 days |
| Condo / Co-op | $272,500 | $285/sq ft | 4 | 147 days |
| Townhouse | $605,000 | $309/sq ft | 7 | 41 days |
Source: Redfin · Updated monthly
The Wheat Ridge housing market is currently classified as a balanced market with a median sale price of $691,750. Prices have risen 6.4% compared to last year, with homes spending an average of 18 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.9x provides context for how home values compare to local earning capacity.
Homes for sale in Wheat Ridge
There are currently 111 homes listed for sale in Wheat Ridge, Colorado. The median listing price is $650K.
Active listings
111
Homes on market
Median list price
$650K
Avg. days on market
18
Days until sale
New this week
57
Newly listed
Who lives in Wheat Ridge?
Population
32,158
Median income
$87,598/yr
Median age
42.1 years
Owner-occupied
52.4%
College grads
44.4%
Avg commute
23.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Wheat Ridge?
Zillow home value
$606,435
Zillow rent index
$2,014/mo
Price-to-rent ratio
25.1x
Price-to-income
6.9x
Source: Zillow Research
What is it like to live in Wheat Ridge?
Wheat Ridge is a community of approximately 32K residents with a median age of 42.1 years.The median household income is $87,598, which reflects a relatively affluent area with strong earning potential. 44.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 52.4%, showing a blend of owner and renter-occupied properties. The average commute time is 23.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Wheat Ridge offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Wheat Ridge?
6 schools tracked · 3,011 students
The largest public schools serving Wheat Ridge, CO by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Wheat Ridge High School
Grades 9-12 · 928 students
Prospect Valley Elementary School
Grades K-5 · 594 students
Stevens Elementary School
Grades PK-5 · 461 students
Everitt Middle School
Grades 6-8 · 444 students
Peak Expeditionary - Pennington
Grades PK-5 · 296 students
Compass Montessori - Wheat Ridge Charter School
Grades PK-6 · 288 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Wheat Ridge, CO?
Want a head-to-head view? Compare Wheat Ridge side-by-side with any other U.S. city using our market-comparison tool.
Is Wheat Ridge a good real estate investment market?
For investors evaluating Wheat Ridge, the price-to-rent ratio of 25.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 6.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Wheat Ridge's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Wheat Ridge's median home price.
Frequently asked questions
What is the average home price in Wheat Ridge?
The median home sale price in Wheat Ridge is $691,750, up 6.4% from last year.
How long do homes stay on market in Wheat Ridge?
Homes typically spend 18 days on market before going under contract.
What is the median income in Wheat Ridge?
The median household income is $87,598 per year.
Is Wheat Ridge a buyer's or seller's market?
With 3.0 months of supply, Wheat Ridge is currently a balanced market.
What is the Zillow home value estimate for Wheat Ridge?
The Zillow Home Value Index (ZHVI) for Wheat Ridge is $606,435, representing the typical home value in the area.
What is the median condo price in Wheat Ridge?
The median condo/co-op sale price in Wheat Ridge, CO is $272,500, compared to $735,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Wheat Ridge?
The median single-family home price in Wheat Ridge, CO is $735,000 (about $424 per square foot).
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