ZIP 80138

80138 is one of 14 ZIP codes that lie mostly in Douglas County, CO — 55% of its own area is in the county.

Shaded by typical home value, it ranks 8 of the 14 with a value.

Mapped in and around 80138: 78 places to go — 29 dining, 19 parks & open space, 15 trails.

9 school locations in 80138: 3 elementary, 3 middle, 3 high.

In alphabetical order: Chaparral High School, Colorado Early Colleges Douglas County, Frontier Valley Elementary School, Iron Horse Elementary School, and more on the ZIP page. Locations only — no ratings are shown here.

In January 2000 the typical home in 80138 was worth $236,250.

Values peaked at $769,847 in June 2022. The latest reading is −7.5% from that peak.

As of August 2026: $712,036, −1.7% over twelve months.

Start with the typical home: $712,036. Put 20% down and borrow $569,629 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $3,944 a month in principal and interest.

The median household here earns $142,397 a year, $11,866 a month. So the payment takes 33.2% 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 11.0% 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 $1,415.

In December 2020, with rates at 2.68%, it was $1,860.

By August 2026, at 6.67%, it was $3,663 — +97% since December 2020, while the home's value moved +24%.

Reported values rose +201% 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 $466,264. So the real change is +53%, not +201%.

80138: +201% since January 2000.

Douglas County: +198% since January 2000.

Colorado: +199% since January 2000 — 80138 ran ahead of it by 3 points.

Against 476 Colorado ZIP codes, 80138 sits at the 60th percentile for affordability (price vs local income).

29th for appreciation (recent value growth); 31st for rental yield (rent vs price).

Owning the typical home costs about $4,656 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,991 a month.

Price divided by a year's rent: 29.8. 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 63 a month (Redfin, 3-month rolling data through August 2026). That is 78% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 172.

Going out — closed sales: about 45 a month. That is 63% of the 2015–2019 level for the same months. The drain is drawn 49% narrower: the share of homes for sale that sell each month is 51% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 3.8 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 18 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 45 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 59 — so sales ran at 76% of it, and below it in 22 of the last 24 months.

Across Douglas County, builders pulled permits for 2,398 new homes in 2025.

Of those, 61% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Douglas County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 10,326 moved in. Among the ten receiving the most, 7,977 moved out.

Net across those counties: +2,349 households. Beside it, homes for sale in this ZIP: 172 in June 2026.

Most arrivals came from Arapahoe, CO (4,025 households); most departures went to Arapahoe, CO (2,753).

County assessor records list 11,260 properties with a market value here. Their average assessed market value is $697,500; the typical home value is $712,036.

The assessor average sits −2.0% from the market figure — an average against a typical value, so treat it as a check, not a verdict.

Of 9,276 homes with a recorded purchase date, 27% have had the same owner for 20 years or more, and 23% changed hands in the last five.

11% are owned from a different mailing address, 2% from out of state.