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Sarah Mitchell
Compass Real Estate · ZIP 80229
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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80229 ZIP Code Housing Market
$415,000median sale price
What is the 80229 housing market like right now?
The median home sale price in ZIP code 80229 is $415,000, up 3.0% year-over-year. Homes sell in an average of 24 days with 121 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 80229 ZIP code a buyer's or seller's market?
ZIP code 80229 is currently a balanced market and homes selling in about 24 days. How we determine this →
What are the latest 80229 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $415,000 |
| Median list price | $417,000 |
| Year-over-year price change | +3.0% |
| Average days on market | 24 days |
| Active inventory | 121 listings |
| Sale-to-list price ratio | 99.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 80229 zip code, located in Welby, CO, is currently classified as a balanced market. The median sale price stands at $415,000, representing a +3.0% change year over year. Homes in this area spend an average of 24 days on the market before going under contract. There are currently 121 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 80229 sits in the Welby, CO area, roughly 1.1 miles from downtown Welby. Because home prices are set street by street, this ZIP can move differently from Welby's citywide averages. The figures below reflect 80229 specifically — drawn from Redfin transactions, U.S. Census data for its 55,092 residents, and Zillow value estimates.
Homes sold
152
Last 12 weeks
Days on market
24
Average pace
Active listings
121
Sale-to-list
99.3%
Below asking
What is driving the 80229 housing market?
The 80229 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 99.3% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 80229 have increased +3.0% compared to last year, suggesting continued demand and potential for further appreciation. 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 80229 stands at $425,480, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,697 per month. This gives a price-to-rent ratio of approximately 20.9, 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 80229?
Population
55,092
Median income
$84,203/yr
Median age
33.4 years
Owner-occupied
65.7%
College grads
20.8%
Avg commute
39.87 min
What is it like living in 80229?
Zip code 80229 is home to approximately 55,092 residents. The median household income is $84,203 per year, which shapes the types of homes and amenities available in the area. With a median age of 33.4 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 65.7% 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 20.8% 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 39.87 minutes, which is above the national average and may reflect a suburban or exurban setting where residents trade commute time for more affordable housing or larger lots. 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 80229.
Which public schools serve ZIP 80229?
16 schools tracked · 7,641 students
The largest public schools serving ZIP code 80229 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.
Thornton High School
Grades 9-12 · 1,416 students
York International
Grades K-12 · 767 students
Thornton Middle School
Grades 6-8 · 719 students
Explore Pk-8
Grades PK-8 · 579 students
Clayton Partnership School
Grades K-8 · 441 students
Coronado Hills Elementary School
Grades PK-5 · 433 students
Monterey Community School
Grades K-8 · 427 students
Academy High School
Grades 9-12 · 415 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 80229
What is the median home price in 80229?
The current median sale price in 80229 is $415,000, based on recent Redfin transaction data. Prices have changed +3.0% 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 80229 a buyer's or seller's market?
The 80229 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 80229?
Zip code 80229 has a population of approximately 55,092 residents. The median household income is $84,203 per year. About 65.7% 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 80229?
Properties Incorporated provides comprehensive data for 80229 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 80229 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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