Erie 80516

Erie · Weld County, CO · 13,651 properties · updated 7/26/2026

Should you buy here?buyer-timing lens

55affordability /100

Buyer leverage is seller slight; weigh payment burden and the 3-lens valuation before bidding.

Payment burden

27.6%

affordable

Days on market

daily

Price cuts

31.5%

of active

Valuation

+1.6%

vs assessor

Look up an address

/100

stable

cooling · seller slight · prices easing year-over-year.

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

Seller's Market

DOM: 78d (stable) · Market Dynamics rolling median · hourly

Score Components

Payment Burden (25%)25

Valuation Gap (25%)10

Supply & Demand (20%)40

Buy vs Rent (15%)75

Cancellation Rate (10%)25

Days on Market (5%)75

Seller-favored market in 80516. Expect to pay at or near list price. Payment burden: 27.2% of median income. Median days on market: 78. Renting is approximately 70% cheaper than buying (price-to-rent ratio: 20.4).

Buyer Caution

Seller's market. Be prepared to pay near list price.

Competitive market similar to 2021-2022 — limited inventory driving prices above fundamentals.

COOLINGSELLER SLIGHT

Market is cooling with expanding inventory. Sellers hold a slight edge. Prices down 1.5% YoY.

Turnover Index · Live in this ZIPBacktest: 27.3% of later sellers were already in the top 20% (random = 20%, 139 held-out sales) · 6,379 parcels scored nightly

How the score works Accuracy by ZIP Farm territory available · Tier B $199/mo

Address lookup$99 report path

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<p style="font:12px system-ui;margin:4px 0 0"><a href="https://lotvox.com/greeley/zip/80516?utm_source=embed&utm_medium=backlink">Erie 80516 housing market data</a> by <a href="https://lotvox.com/">Lotvox</a></p>

Market snapshoteach number, once

Median price

$713,750

▾ 1.5% YoY

Days on market

daily · zip_data

Median rent

$2,911

ZORI

Investor score

45/100

cash-flow lens

Active listings

182

90-day

Valuation3 lenses, different anchors

vs assessor

+1.6%

Market vs assessed value — a tax-roll lag, not a deal signal.

Avg assessor$725,144

county CAMA · properties_v

vs income

—

Fair-value model not available for this market.

fair_value_scores · 10-state coverage

vs county comps

+68.1%

County-wide market — the widest, slowest signal.

Weld+68.1%

Boulder+62.3%

Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.

Pricing detail

Price / sqft$212

Price-to-income4.5×

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How 80516 ranks in CO

percentile vs all CO ZIPs

Comparative ranking not available for this ZIP.

Affordability, supply & momentum

61SUPPLY

Tight MarketSupply Tightness

Supply is below normal — sellers are favored but buyers still have options.

Months of Supply4.7 mo

Days on Market41d

Inv vs History-12.3%

Listing Density15.0/1k

Market dynamics

Price cut %31.5%

Momentumcooling

LeverageSELLER SLIGHT

Months of supply4.7

Sales (90d)0

Investment analysis

Median rent$2,911

Price-to-rent20.4

Est. cap rate3.2%

Buy vs rentfavors renting

Livability

Walk score3

Transit score4

Bike score—

Historical trends

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Price bandsmix-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 recorded arms-length deed transactions in Weld.

Current tiers · 12 months to Aug 25floor 10 sales/tier

3 tiers had too few sales in this ZIP and are shown at county or metro level — see the stamp on each row. 1 tier had too few sales at every level and are left blank rather than estimated.

Tier	Median	$/sqft	Sales	Share	Source
Under $250k	$228k	$329	10	—	COUNTY · Weld, CO
$250k–$500k	$422k	$336	80	—	COUNTY · Weld, CO
$500k–$750k	$638k	$352	140	47.6%	ZIP
$750k–$1M	$850k	$313	118	40.1%	ZIP
$1M–$1.5M	$1.15M	$327	21	7.1%	ZIP
$1.5M–$2M	$1.68M	$507	14	—	COUNTY · Weld, CO
$2M+	—	—	—	—	fewer than 10 sales at zip, county and metro level
All sales (the headline median)	$748k	$339	294	100%	ZIP

Share of sales by tier (quarterly)

If the upper tiers widen over time, the headline median rises on composition alone.

Under $250k
$250k–$500k
$500k–$750k
$750k–$1M
$1M–$1.5M
$1.5M–$2M
$2M+

Median within each tier, against the headline median (quarterly)

The blue line is the single number NAR-style reporting quotes. The gold lines are what each tier actually did. Log scale — the tiers span an order of magnitude, and on a log axis equal slopes mean equal percentage moves, which is the comparison being made.

$250k–$500k
$500k–$750k
$750k–$1M
$1M–$1.5M
All sales (headline)

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 80516.

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 Aug 25 (10 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.

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Weld County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

This ZIP code crosses county lines. Property data shows Weld (52.5%) and Boulder (47.2%). County metrics below are shown separately for each county.

Weld (52.5%)

Boulder (47.2%)

ZIP 80516→2 counties

12-Month Direction

-5Stable

Confidence

100%

DeterioratingStableImproving

BuildersLens Market Intelligence

Market Score

36· 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 Burden45

32.9%

stretched

Source: Lotvox · Updated 2026-05-15

Buy vs Rent0

2.034x

rent advantage

Source: Lotvox · Updated 2026-05-15

Valuation16

+68.1%

overvalued

Source: Lotvox comps · Updated 2026-05-15

Supply/Demand9

3.3 mo

balanced

Source: Lotvox MLS · Updated 2026-05-15

Insurance Risk

32/100

moderate

Source: FEMA/NFIP · Updated 2026-04

County distress indicators

ECONOMIC INDICATORS

Economic indicators are mixed relative to comparable U.S. counties.

Unemployment Rate

Near national averages

Source: BLS LAUS · 2026-0667d ago

Poverty Rate

Lower than most U.S. counties

Median Household Income

Higher than most U.S. counties

Cost of Living (RPP)

Higher than many comparable counties

Home Value (ZHVI)$497,294

County data: BLS, Census ACS, CDC, FBI UCR, Federal Reserve, USDA · Coverage derived from property records · Counties with <2% coverage excluded as likely data errors