80107, Elizabeth, CO

The 80107 zip code of Elizabeth, Colorado is located in the Denver metropolitan area. The median home value in this zip code is $269,000 and the median home equity value is $146,000. In addition, there are a total of 1,715 homes currently for sale in the 80107 zip code. This indicates that there is a demand for homes in this zip code and that the prices are relatively high compared to other areas of the country.

One reason why the prices are high in the 80107 zip code is because of its proximity to downtown Denver. Many people who live in this area commute to work each day and so they are likely to be more affluent than people who live elsewhere in Colorado or even in other parts of the United States. Additionally, many people who live in this area own their homes outright which means that they do not have to worry about paying monthly mortgage payments or having any debt associated with their home. As a result, they are more likely to be able to afford a higher price for their home than someone who does not own their home outright or has debt associated with it.

Another reason why the prices are high in the 80107 zip code is because there is a lot of demand for homes here. There are currently 1,715 homes for sale which indicates that there is strong interest among potential buyers in this area. This demand has resulted in higher prices since many potential buyers can afford to pay more money for a home than someone who wants to buy a home but cannot afford to pay as much as those who already live here.