Erie 80516

Erie · Weld County, CO · 13,651 properties · updated 7/5/2026

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
27.2%
affordable
Days on market
41
daily
Price cuts
30.5%
of active
Valuation
+0.8%
vs assessor
Look up an address
65
/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

34/ 100SellerBalancedBuyer
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 2.1% YoY.

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Market snapshoteach number, once

Median price
$719,743
▾ 2.1% YoY
Days on market
41
daily · zip_data
Median rent
$2,935
ZORI
Investor score
45/100
cash-flow lens
Active listings
182
90-day

Valuation3 lenses, different anchors

vs assessor
+0.8%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$725,200
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+68.8%
County-wide market — the widest, slowest signal.
Weld+68.8%
Boulder+63.0%
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-11.8%
Listing Density15.0/1k
Market dynamics
Price cut %30.5%
Momentumcooling
LeverageSELLER SLIGHT
Months of supply4.7
Sales (90d)0
Investment analysis
Median rent$2,935
Price-to-rent20.4
Est. cap rate3.2%
Buy vs rentfavors renting

Livability

Walk score3
Transit score4
Bike score
Places & amenities in ZIP 80516 · 108 mapped
Leaflet © OpenStreetMap contributors © CARTO
Parks & open space26
Erie SingletrackTrails at Sunset Open SpaceSpano ParkCrescent ParkErie Community ParkReliance ParkVista Pointe Open Space+20 more
Trails20
Sage - GreenReturn to Top - RedBlue GrammaYucca - BlackPincushion - BlackPrickly Pear - Black+14 more
Recreation & aquatics7
Fitness 1440The OverlookErie Community CenterThe AscentVista Ridge Community CenterCerus Fitness+1 more
Venues & culture6
Erie Community LibraryColorado Railbike AdventuresColumbine Mine massacreSereneSpirit of Flight CenterPuritan
Dining & cafés29
The Old MineStarbucksWapos CantinaStarbucks24 Carrot BistroPho-Ever+23 more
Land & water17
Thomas ReservoirMountain View LakesErie LakeSection 35 ReservoirElmwood ReservoirCommunity Ditch+11 more
Getting around2
Erie Municipal AirportParkland Airport
Weekend range11
St. Vrain State Park · state park7 mi
Barr Lake · state park16 mi
Eldorado Canyon State Park · state park18 mi
Boyd Lake State Park · state park27 mi
Golden Gate Canyon State Park · state park28 mi
Kodak · state recreation area28 mi
Cherry Creek State Park · state park30 mi
Indian Peaks Wilderness Area · wilderness area34 mi
Lory State Park · state park37 mi
James Peak Wilderness · wilderness area38 mi

Straight-line distance from the ZIP centroid (USGS PAD-US).

5,134 ft above sea level elevation · USGS 3DEP55 protected / open-space parcels · USGS PAD-US

Place data: NPS National Register of Historic Places · USGS 3D Elevation Program · USGS Protected Areas Database (PAD-US) · Wikidata · © OpenStreetMap contributors — licensed ODbL (OpenStreetMap), CC0 (Wikidata) and US public domain (USGS, NPS, Census). Every place shown comes from the named sources; nothing is editorialized.

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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.

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