80011, Aurora, CO

Aurora, Colorado is located in the Denver metropolitan area. The city has a population of over 200,000 and is home to many major corporations, including Lockheed Martin and General Motors. Home prices in Aurora have increased significantly in recent years, reaching a median price of $269,900 as of September 2017.

The 80011 zip code covers much of the city center and includes some of the most expensive real estate in Aurora. The majority of homes in this zip code are single-family dwellings, but there are also a few multi-unit buildings included. The average size of a home in this zip code is 2,500 square feet.

There has been significant growth in the 80011 zip code over the past several years. In 2013, the median price was just $157,500; by 2017 that figure had increased to $269,900. This rapid growth can be attributed to several factors: increasing demand for housing due to an influx of new residents into Aurora; low interest rates that have made borrowing money more affordable; and favorable economic conditions that have supported job growth and increased income levels.

Despite these positive trends, there are some risks associated with buying or owning a home in Aurora. One potential issue is that prices could decline if there is a sudden increase in interest rates or if the economy experiences another recession. Another potential issue is that homes may not be worth as much if they are located near areas where crime rates are high or if they are located near hazardous waste sites.