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Sarah Mitchell
Compass Real Estate · ZIP 80138
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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80138 ZIP Code Housing Market
$717,450median sale price
What is the 80138 housing market like right now?
The median home sale price in ZIP code 80138 is $717,450, down 3.7% year-over-year. Homes sell in an average of 12 days with 142 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 80138 ZIP code a buyer's or seller's market?
ZIP code 80138 is currently a balanced market and homes selling in about 12 days. How we determine this →
What are the latest 80138 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $717,450 |
| Median list price | $765,000 |
| Year-over-year price change | -3.7% |
| Average days on market | 12 days |
| Active inventory | 142 listings |
| Sale-to-list price ratio | 99.1% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 80138 zip code, located in Parker, CO, is currently classified as a balanced market. The median sale price stands at $717,450, representing a -3.7% change year over year. Homes in this area spend an average of 12 days on the market before going under contract. There are currently 142 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 80138 sits in the Parker, CO area, roughly 5.6 miles from downtown Parker. Because home prices are set street by street, this ZIP can move differently from Parker's citywide averages. The figures below reflect 80138 specifically — drawn from Redfin transactions, U.S. Census data for its 36,895 residents, and Zillow value estimates.
Homes sold
134
Last 12 weeks
Days on market
12
Fast-moving
Active listings
142
Sale-to-list
99.1%
Below asking
What is driving the 80138 housing market?
The 80138 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 99.1% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 80138 have declined -3.7% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 80138 stands at $725,375, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,086 per month. This gives a price-to-rent ratio of approximately 29.0, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 80138?
Population
36,895
Median income
$145,013/yr
Median age
40.2 years
Owner-occupied
79.4%
College grads
51.1%
Avg commute
30.74 min
What is it like living in 80138?
Zip code 80138 is home to approximately 36,895 residents. The median household income is $145,013 per year, which shapes the types of homes and amenities available in the area. With a median age of 40.2 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 79.4% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 51.1% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 30.74 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 80138.
Which public schools serve ZIP 80138?
9 schools tracked · 8,913 students
The largest public schools serving ZIP code 80138 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.
Legend High School
Grades 9-12 · 2,206 students
Chaparral High School
Grades 9-12 · 2,045 students
Colorado Early Colleges Douglas County
Grades 9-12 · 1,108 students
Sierra Middle School
Grades 7-8 · 784 students
Pine Lane Elementary
Grades PK-6 · 774 students
Parker Core Knowledge Charter School
Grades K-8 · 705 students
Pioneer Elementary School
Grades PK-5 · 464 students
Iron Horse Elementary School
Grades PK-5 · 449 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 80138
What is the median home price in 80138?
The current median sale price in 80138 is $717,450, based on recent Redfin transaction data. Prices have changed -3.7% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 80138 a buyer's or seller's market?
The 80138 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 80138?
Zip code 80138 has a population of approximately 36,895 residents. The median household income is $145,013 per year. About 79.4% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 80138?
Properties Incorporated provides comprehensive data for 80138 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 80138 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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