80004, Arvada, CO

The 80004 zip code of Arvada, Colorado has a median home value of $269,000 and a median home equity value of $146,000. The 80004 zip code is located in the Denver-Aurora-Lakewood metropolitan area and has a population of approximately 104,000 people.

The 2000 to 2009 period saw the strongest growth in home values in the 80004 zip code. Between 2000 and 2009, the average home value increased by 116%. This strong growth was likely due to increasing demand for housing in the Denver-Aurora-Lakewood metropolitan area as well as low interest rates during this time period. Since 2010, however, home values have decreased by 5%. This decrease may be due to decreasing demand for housing or increasing interest rates.

Despite the recent decrease in home values, the 80004 zip code remains one of the most expensive areas to live in Colorado. The median home equity value is $146,000 which is more than double the state median of $68,500. Additionally, there are only 2% of homes in the 80004 zip code that are valued at less than $100K compared to 9% of homes statewide. These high values may be partially due to limited inventory availability and strong demand from buyers who are able to afford these prices.