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Sarah Mitchell

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Compass Real Estate · ZIP 80504

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

ZIP 80504(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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80504 ZIP Code Housing Market

Balanced market-7.1% YoY

$562,000median sale price

What is the 80504 housing market like right now?

The median home sale price in ZIP code 80504 is $562,000, down 7.1% year-over-year. Homes sell in an average of 45 days with 271 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 80504 ZIP code a buyer's or seller's market?

Balanced market45 avg. days on market

ZIP code 80504 is currently a balanced market and homes selling in about 45 days. How we determine this →

What are the latest 80504 housing market stats?

Current housing market statistics for ZIP code 80504
MetricValue
Median sale price$562,000
Median list price$579,900
Year-over-year price change-7.1%
Average days on market45 days
Active inventory271 listings
Sale-to-list price ratio99.3%
Market conditionBalanced market

Source: Redfin · Updated monthly

The 80504 zip code, located in Longmont, CO, is currently classified as a balanced market. The median sale price stands at $562,000, representing a -7.1% change year over year. Homes in this area spend an average of 45 days on the market before going under contract. There are currently 271 active listings in the area, which influences how much negotiating power buyers and sellers have.

ZIP 80504 sits in the Longmont, CO area, roughly 3.8 miles from downtown Longmont. Because home prices are set street by street, this ZIP can move differently from Longmont's citywide averages. The figures below reflect 80504 specifically — drawn from Redfin transactions, U.S. Census data for its 63,451 residents, and Zillow value estimates.

Homes sold

303

Last 12 weeks

Days on market

45

Average pace

Active listings

271

Sale-to-list

99.3%

Below asking

What is driving the 80504 housing market?

The 80504 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 80504 have declined -7.1% 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 80504 stands at $584,458, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,111 per month. This gives a price-to-rent ratio of approximately 23.1, 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 80504?

Population

63,451

Median income

$113,643/yr

Median age

39.5 years

Owner-occupied

79.1%

College grads

44.7%

Avg commute

31.4 min

What is it like living in 80504?

Zip code 80504 is home to approximately 63,451 residents. The median household income is $113,643 per year, which shapes the types of homes and amenities available in the area. With a median age of 39.5 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 79.1% 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 44.7% 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 31.4 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 80504.

Which public schools serve ZIP 80504?

8 schools tracked · 6,051 students

The largest public schools serving ZIP code 80504 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.

Frederick Senior High School

Grades 9-12 · 1,460 students

Public

Mead High School

Grades 9-12 · 1,095 students

Public

Timberline PK-8

Grades PK-8 · 778 students

Public

Coal Ridge Middle School

Grades 6-8 · 763 students

Public

Firestone Charter Academy

Grades PK-8 · 615 students

Charter

Centennial Elementary

Grades PK-5 · 487 students

Public

Legacy Elementary School

Grades PK-5 · 442 students

Public

Prairie Ridge Elementary School

Grades PK-5 · 411 students

Public

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 80504

What is the median home price in 80504?

The current median sale price in 80504 is $562,000, based on recent Redfin transaction data. Prices have changed -7.1% 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 80504 a buyer's or seller's market?

The 80504 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 80504?

Zip code 80504 has a population of approximately 63,451 residents. The median household income is $113,643 per year. About 79.1% 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 80504?

Properties Incorporated provides comprehensive data for 80504 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 80504 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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