Denver-Aurora-Lakewood, CO · Lincoln County, CO · 104 properties with county records
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Limon 80828 is in Lincoln County, CO, part of the Denver Metro. The typical home value in Limon 80828 is $275,985 (Zillow Home Value Index, September 2026), up 3.3% from a year earlier. Homes that sold went under contract in a median 73 days, and 0% of listings took a price cut (Redfin Data Center, period ending Sep 30, 2026). On Lotvox's market-leverage reading of that data, with 4.7 months of supply, neither buyers nor sellers hold a clear edge. The Lotvox Turnover Index is not published for 80828 yet: it appears only where a held-out test on the county's recorded sales beats chance. Lotvox holds county assessor records for 104 properties in 80828.
Headline value data through September 2026. Each source below carries its own date.
Is 80828 a buyer's or seller's market?
By Lotvox's leverage reading of Redfin data through Sep 30, 2026, 80828 is a balanced market. Homes went under contract in a median 73 days with 4.7 months of supply.
What do homes in 80828 sell for?
The typical home value in 80828 is $275,985 (Zillow Home Value Index, September 2026), up 3.3% in a year. County records put the median at about $236 per square foot (computed Jul 26, 2026).
Who is likely to sell in 80828?
Lotvox only publishes its Turnover Index where a held-out test on recorded sales beats chance, and 80828 has not passed that test yet. When it does, the score appears here.
How does 80828 compare to Lincoln County?
Lotvox does not hold enough ZIP-level values in Lincoln County to compare. The county page lists every covered ZIP.
Where does this 80828 data come from?
Values and rents come from Zillow's research data, sales pace from the Redfin Data Center, and property counts and turnover from county assessor and deed records. Each number on this page carries its own date, and the method is published at lotvox.com/methodology.
Cite as: Lotvox ZIP market record, 80828 Limon, CO, data through September 2026, https://lotvox.com/denver/zip/80828
Listings Flow Ladder — 80828
Faucet, basin and drain — new listings in, active inventory, closed sales out.as of Sep 30, 2026
Thin market — under 25 active listings; ratios withheld
the basin is fillingnet 1 listings/mo
Faucet — new listings
4/mo
100% of normal (4) · normal· baseline thin
Basin — active listings
14
93% of normal (15) · balanced· baseline thin
Months of supply
4.7 mo
derived — not published at this grain
Drain — closed sales
3/mo
129% of normal (2)· baseline thin
Net — faucet minus drain
+1/mo
filling
Reading
current
as of 2026-09-30
Compare against:2015-01-01 to 2019-12-31 · 5 same-month points
How plugged is the drain? Two definitions, both ours, deliberately not reconciled.
—Absorption vs its own normal— 1 - (closed sales / active listings) / same-month median of that ratio
—Closed sales vs its own normal— 1 - closed sales per month / same-month median closed sales per month
Closed sales over 24 months — two different numbers, deliberately not merged.
2/mofall in the monthly rate (36%)— peak 5/mo (2025-12-31) to 3/mo now
5transactions that did not happen— summed monthly shortfall vs the same-month normal, over 7 months below it (vs 2015-19 (COVID excluded))
rate_drop_from_peak is a change in the monthly rate; cumulative_shortfall_vs_normal counts transactions not transacted. They are different quantities and are not interchangeable.
2026-09-30
Redfin market data (county + ZIP), via Lotvox. As of 2026-09-30. Normal = same-month median of monthly rates, minimum 3 same-month points. Source window 3 months (flows shown per month). months_of_supply is not published at this grain (0 non-null rows measured); derived here as active listings / closed sales per month. A fresher supply-only read (2 new, 12 active, 2026-09-01, Realtor.com inventory (county + ZIP), via Lotvox) is available but is NOT used in the net — that source publishes no closed sales, so subtracting across it would mix two vintages.
Should you buy here?
buyer-timing lens
57affordability /100
Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.
Payment burden
27.6%
affordable
Days on market
73
daily
Price cuts
0.0%
of active
Valuation
+37%
vs assessor
Days on market and price cuts: Redfin Data Center, rolling 90 days.
Rent: Zillow Observed Rent Index (ZORI). Ownership cost: Zillow Home Value Index (ZHVI), 20% down, 30-year loan at the current mortgage rate, plus 1.2% of the price a year.
Rent to price
Not available for this ZIP — no price-to-rent ratio published here.
Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.
Buyer / seller
buyer-timing lens
Seller's Market
Score Components
Payment Burden (25%)25
Valuation Gap (25%)25
Supply & Demand (20%)40
Days on Market (5%)75
Seller-favored market in 80828. Expect to pay at or near list price. Payment burden: 26.4% of median income. Median days on market: 61. Renting is approximately 106% cheaper than buying (price-to-rent ratio: 24.7).
Buyer Caution
Seller's market. Be prepared to pay near list price.
Competitive market similar to 2021-2022 — limited inventory driving prices above fundamentals.
WARMINGBALANCED
Market is warming with rising prices. Conditions are balanced between buyers and sellers. Prices up 3.3% YoY.
Address lookup
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Look Up an Address in 80828
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Median price: Zillow Home Value Index (ZHVI). Median rent: Zillow Observed Rent Index (ZORI). Days on market and active listings: Redfin Data Center, rolling 90 days.
Valuation
3 lenses, different anchors
vs assessor
+37.0%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$378,026
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+68.2%
County-wide market — the widest, slowest signal.
Elbert+68.2%
Lincoln+81.8%
Lotvox comps · mv_valuation_gap
Read together: Above county comps but sustainable on local incomes.
estimated monthly P&I at the CURRENT rate (7.32% as of 2026-10-22), held constant — 20% down, 30yr fixed
as of 2026-09-30 · Zillow ZHVI + FRED MORTGAGE30US (fred, as of 2026-10-22) + Census median household income
Real Home Values
$275,985in 2026-09 dollars (nominal $275,985)
real (2026-09 = 100 deflator)nominal
price basis: Zillow ZHVI
as of 2026-09-30 · Zillow ZHVI + CPI (national deflator)
Listings Flow Ladder
New listings
4.333
Active listings
14
Closed sales
3
Net flow
+1.333 · filling
months of supply 4.7 (balanced band 4–6) · THIN market
new listingsclosed sales
as of 2026-09-30 · Redfin market data (county + ZIP), via Lotvox
Migration vs Inventory
county migration (parent)
-5net migration (2022-2023), losing — households
in 22 · out 27 · Lincoln County, CO (parent county of this ZIP)
active inventory
as of 2026-07-01 · IRS SOI county-to-county migration flows 2022-2023 + Redfin inventory history
Price bands
mix-shift
Price Bands — the median behind the median
A single median rises whenever expensive homes become a bigger share of what sells, even if no tier got more expensive. These are the tiers underneath it, computed from the most recent recorded sale per property in Lincoln.
Current tiers · 12 months to Apr 26floor 10 sales/tier
1 tier had too few sales in this ZIP and are shown at county or metro level — see the stamp on each row. 6 tiers had too few sales at every level and are left blank rather than estimated.
Tier
Median
$/sqft
Sales
Share
Source
Under $250k
$98k
—
12
52.2%
COUNTY · Lincoln, CO
$250k–$500k
—
—
—
—
fewer than 10 sales at zip, county and metro level
$500k–$750k
—
—
—
—
fewer than 10 sales at zip, county and metro level
$750k–$1M
—
—
—
—
fewer than 10 sales at zip, county and metro level
$1M–$1.5M
—
—
—
—
fewer than 10 sales at zip, county and metro level
$1.5M–$2M
—
—
—
—
fewer than 10 sales at zip, county and metro level
$2M+
—
—
—
—
fewer than 10 sales at zip, county and metro level
All sales (the headline median)
$238k
$254
23
100%
COUNTY · Lincoln, CO
No mix-shift history for this area. no geography from this ZIP up to metro has 8+ quarters of 10+ recorded arms-length sales across at least 4 price tiers. Trends are drawn only from recorded transactions; the last-sale snapshot above cannot carry a time series, because a property that sold twice keeps only its latest sale — which drags the history upward through the tiers and would invent the very mix shift this section exists to test for.
National context — not local
NAR's aggregate existing-home median for the United States and the West census region. This is the figure the tiers above are a check on. It is national/regional and says nothing about 80828.
United States
West
Copyright, National Association of Realtors. Reprinted with permission. Retrieved from FRED, Federal Reserve Bank of St. Louis. FRED publishes a rolling 13-month window for these series.
Tiers computed from Lotvox parcel and deed substrate through Apr 26 (5 later months withheld as partially loaded). Sample floor 10 sales per tier; below it a figure is drawn from the county or metro and labelled, or left blank. Multi-parcel bulk deeds and duplicate records are excluded.
ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.
County Coverage (2 counties)
ZIP 80828 spans 2 counties
Healthy (23)
This ZIP code crosses county lines. Property data shows Elbert (96.2%) and Lincoln (3.8%). County metrics below are shown separately for each county.
Elbert (96.2%)
Lincoln (3.8%)
ZIP 80828→2 counties
Elbert County 96.2%Lincoln County 3.8%
12-Month Direction
-11Moderate Deterioration
Confidence
100%
DeterioratingStableImproving
Why this score
BuildersLens Market Intelligence
Market Score
42· Weak
Market Score grades housing-market conditions (affordability, valuation, supply). The county Healthy/Moderate/Distressed badge measures economic distress (jobs, debt, poverty) — the two can read differently.
Payment Burden
27.6%
affordable
Source: Freddie Mac PMMS (FRED MORTGAGE30US) 7.32% · Zillow ZHVI · Census income · Updated 2026-10-22
Valuation16
+68.2%
overvalued
Source: Lotvox comps · Updated 2026-05-15
Supply/Demand
4.7 mo
balanced
Source: Redfin Data Center (ZIP): inventory ÷ monthly homes sold · Updated 2026-09-30
Economic indicators are mixed relative to comparable U.S. counties.
Unemployment Rate
4.0%
CO 3.8%US 4.4%
Near national averages
Source: BLS LAUS · 2026-0855d ago
Poverty Rate
5.8%
CO 9.4%US 12.6%
Lower than most U.S. counties
Median Household Income
$129,477
CO $94,510US $82,006
Higher than most U.S. counties
Cost of Living (RPP)
107.5
CO 111.8US 100.3
Near national averages
Home Value (ZHVI)$680,265
County data: Zillow Home Value Index (ZHVI), BLS, Census ACS, CDC, FBI UCR, Federal Reserve, USDA · Coverage derived from property records · Counties with <2% coverage excluded as likely data errors
Typical home value: Zillow Home Value Index (ZHVI); change is the 12-month change.
Owner stock, age of householder
Tenure by age of householder (ACS B25007) is not published below county. Any ZIP figure here is DERIVED from the county's age-specific owner rates applied to this ZIP's own age structure — never read directly.
Derived — this ZIP
No ZIP figure — this ZIP spans 2 counties
NOT DERIVED: this ZIP spans more than one county. Tenure by age is not published below county, and no single county rate applies here. Weighting by area would produce a number, not a measurement - area is a poor proxy for where households are. Each county's own figure is shown instead.