ZIP 80202 vs ZIP 80204

80202 is one of 31 ZIP codes that lie mostly in Denver County, CO.

Shaded by typical home value, it ranks 14 of the 26 with a value.

Mapped in and around 80202: 132 places to go — 40 dining, 31 arts & venues, 19 trails.

80204 is one of 31 ZIP codes that lie mostly in Denver County, CO.

Shaded by typical home value, it ranks 15 of the 26 with a value.

Mapped in and around 80204: 191 places to go — 68 arts & venues, 40 dining, 27 parks & open space.

15 school locations in 80204: 6 elementary, 4 middle, 5 high.

In alphabetical order: Center for Talent Development at Greenlee, Cheltenham Elementary School, Colfax Elementary School, Colorado High School Charter, and more on the ZIP page. Locations only — no ratings are shown here.

In January 2000 the typical home in 80202 was worth $292,490.

Values peaked at $645,046 in June 2022. The latest reading is −16.6% from that peak.

As of August 2026: $538,185, −3.0% over twelve months.

Start with the typical home: $538,185. Put 20% down and borrow $430,548 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $2,981 a month in principal and interest.

The median household here earns $110,372 a year, $9,198 a month. So the payment takes 32.4% of income — rated “stretched” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 17.6% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $1,751.

In December 2020, with rates at 2.68%, it was $1,813.

By August 2026, at 6.67%, it was $2,769 — +53% since December 2020, while the home's value moved −4%.

Reported values rose +84% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $577,259. So the real change is −7%, not +84%.

80202: +84% since January 2000.

Denver County: +196% since January 2000.

Colorado: +199% since January 2000 — 80202 ran behind it by 115 points.

Against 476 Colorado ZIP codes, 80202 sits at the 62nd percentile for affordability (price vs local income).

10th for appreciation (recent value growth); 54th for rental yield (rent vs price).

Owning the typical home costs about $3,519 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $2,075 a month.

Price divided by a year's rent: 21.6. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

In January 2000 the typical home in 80204 was worth $165,866.

Values peaked at $621,301 in July 2022. The latest reading is −16.7% from that peak.

As of August 2026: $517,792, −2.6% over twelve months.

Start with the typical home: $517,792. Put 20% down and borrow $414,234 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $2,868 a month in principal and interest.

The median household here earns $79,265 a year, $6,605 a month. So the payment takes 43.4% of income — rated “severe” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 13.9% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $993.

In December 2020, with rates at 2.68%, it was $1,594.

By August 2026, at 6.67%, it was $2,664 — +67% since December 2020, while the home's value moved +5%.

Reported values rose +212% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $327,354. So the real change is +58%, not +212%.

80204: +212% since January 2000.

Denver County: +196% since January 2000.

Colorado: +199% since January 2000 — 80204 ran ahead of it by 14 points.

Against 476 Colorado ZIP codes, 80204 sits at the 27th percentile for affordability (price vs local income).

16th for appreciation (recent value growth); 59th for rental yield (rent vs price).

Owning the typical home costs about $3,386 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,986 a month.

Price divided by a year's rent: 21.7. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 39 a month (Redfin, 3-month rolling data through August 2026). That is 86% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 206.

Going out — closed sales: about 14 a month. That is 38% of the 2015–2019 level for the same months. The drain is drawn 79% narrower: the share of homes for sale that sell each month is 21% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 15.1 months of supply — above the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 26 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 14 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 32 — so sales ran at 44% of it, and below it in 24 of the last 24 months.

Across Denver County, builders pulled permits for 4,727 new homes in 2025.

Of those, 22% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 58 a month (Redfin, 3-month rolling data through August 2026). That is 81% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 193. That is 125% of the 2015–2019 level for the same months.

Going out — closed sales: about 31 a month. That is 51% of the 2015–2019 level for the same months. The drain is drawn 59% narrower: the share of homes for sale that sell each month is 41% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 6.2 months of supply — above the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 27 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 31 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 60 — so sales ran at 52% of it, and below it in 24 of the last 24 months.

Across Denver County, builders pulled permits for 4,727 new homes in 2025.

Of those, 22% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Denver County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 23,050 moved in. Among the ten receiving the most, 27,350 moved out.

Net across those counties: −4,300 households. Beside it, homes for sale in this ZIP: 206 in June 2026.

Most arrivals came from Arapahoe, CO (7,829 households); most departures went to Arapahoe, CO (8,748).

County assessor records list 148 properties with a market value here. Their average assessed market value is $799,700; the typical home value is $538,185.

The assessor average sits +48.6% from the market figure — an average against a typical value, so treat it as a check, not a verdict.

Of 4,903 homes with a recorded purchase date, 10% have had the same owner for 20 years or more, and 36% changed hands in the last five.

40% are owned from a different mailing address, 10% from out of state.

This ZIP sits in Denver County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 23,050 moved in. Among the ten receiving the most, 27,350 moved out.

Net across those counties: −4,300 households. Beside it, homes for sale in this ZIP: 193 in June 2026.

Most arrivals came from Arapahoe, CO (7,829 households); most departures went to Arapahoe, CO (8,748).

County assessor records list 3,397 properties with a market value here. Their average assessed market value is $496,900; the typical home value is $517,792.

The assessor average sits −4.0% from the market figure — an average against a typical value, so treat it as a check, not a verdict.

Of 8,637 homes with a recorded purchase date, 12% have had the same owner for 20 years or more, and 36% changed hands in the last five.

31% are owned from a different mailing address, 6% from out of state.