80205, Denver, CO

Home Equity and Home Prices in the 80205 Zip Code of Denver, CO

The 80205 zip code of Denver, Colorado is one of the most popular and affluent areas in the city. The median home value in this area is $467,500, which is significantly higher than the statewide median home value of $217,500. In addition to high home values, this zip code also has a high rate of homeownership at 87%. This high rate of homeownership contributes to the high home equity and home prices in this area.

When looking at average monthly mortgage payments for homes in this zip code, it is evident that those who are able to afford a mortgage in this area can easily afford to own a home. The average monthly mortgage payment for a house in this zip code is $1,827. This amount is much lower than the statewide average monthly mortgage payment of $2,917. In addition to being affordable for those with a mortgage, homes in this zip code are also relatively affordable when compared to other areas within Denver. The median list price per square foot for houses located within this zip code is $135 which is lower than the statewide median list price per square foot of $157.