80221, Denver, CO

Home Equity and Home Prices in the 80221 Zip Code of Denver, CO

The home equity and home prices in the 80221 zip code of Denver, CO are very high. The average home value in this zip code is $463,000. This is a significant increase from the average home value of $269,000 that was recorded in 2007. The reason for this increase is likely due to the increased demand for housing in the area as well as the low interest rates that have been available since the financial crisis.

The average mortgage rate in this zip code was 3.68% as of September 2017. This is significantly lower than the national average mortgage rate of 4.31%. This low interest rate has helped to drive up home values in this area. Additionally, there are a number of luxury homes located within this zip code which also contributes to its high home equity values.