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Here is everything you need to know about the housing market at zip code 80126.
Zip 80126's land area is 10.72 square miles, and it's mainly found in Littleton but extends through Highlands Ranch in Colorado. Zip 80126 shelters 43,356 people and has a population density of about 3,702 residents per square mile.
Its local racial makeup mostly consists of 81% Whites, 9%Hispanics, and 6% Asians. 2.6% of the population are non-citizens.
At least 57% of the people living in zip code 80126 are over 35 years, bringing the zip’s median age to an average of 37.5 years.
With only 13,745 occupied apartments, the average number of people per household in zip code 80126 is 2.9. That’s slightly higher than the national average of 2.6 people per household.
About 65.9% of 80126’s population are married, and more than 58% of the adult population have children. This breakdown indicates that zip 80126 is more family-friendly than most of the surrounding zips.
According to the Best Places website, Zip code 80126 has an overall cost of living index of 143 compared to a national average of 100. The average individual income in this zip is $57,900, and its median household income is $128,994 per year.
The unemployment rate in zip code 80126 dropped to 2.1%, as its job market increased by 2.8% in 2020. Prospects expect the job market here to continue growing at a pace of 46.4% in the next ten years, relative to the national estimate of 33.5%.
This zip has a sales tax rate of 5.0%, an income tax rate of 4.6%, and an effective property tax rate is $6.25 per $1,000 home value. The median U.S. property tax average rate is $11.78 per $1,000 home value.
Close to 80% of the locals usually commute to work, and the average one-way commute in 80126 is 26.1 minutes. The national average for a one-way commute is 26.4 minutes.
Zip 80126 has 34 public schools, and it generally spends $9,042 per student.The average student-teacher ratio of schools in zip code 80126 is 18:1.
Approximately 64% of the people living in this zip hold a minimum of a bachelor’s degree, compared to the national average of 31%. Other estimates include a student-librarian ratio of 797:1 and a student-counselor ratio of 731:1.
Zip 80126 is a sparsely populated suburban area, and its residential market is dominated by 84% owner-occupied properties and 16% rent-occupied homes.
The median home value in 80126 is $483,700, meaning that approximately 73% of its current listings have a property value of more than$400,000. The current national home value estimate is $184,700.
According to Niche, $1,808 is the median rent price in 80126. $949 is the national rent median. Further rent analysis suggests that only 5% of the local renters in this zip are currently paying a monthly rent of less than $1,000.
Redfin.com caps the asking price for a 2-bedroom listed apartment at $423,000, a 6.6% decrease from a year ago. The housing market in zip code 80126 is experiencing a shortage of 40.6%homes for sale. The current median sales price is $573,000, and the median list price in zip code 80126 is $568,000.
The median age of the real estate in zip code 80126 is 39 years.
With the mix of a low number of rental apartments combined with the above-average real estate costs, the 80126 housing market is lucrative for high-end investments.
Single-family detached homes with one to three bedrooms are the most prevalent residential types in this zip code.
Realtor.com shows that zip 80126 has about 227 active listings whose median list price is $545,000 and mainly includes single-family homes with two and four bedrooms.
The median home closed sale price in 80126 is $516,800, and the annual real estate appreciation rate for houses within this zip was 5.6% for the last ten years. At this pace, 80126 guarantees constant returns of interest for interested home investors.
Zip 80126 has an annual comfort index of 7.2/10, and both January and July are the only months with extreme temperatures of 190 and 870. The rest of the year is pleasant, but you should note that this zip gets a yearly average of 245 sunny days and about 80 days of precipitation. Zip 80126 generally ranks as the 668th most family-friendly zip code in the U.S., 20th zip with best performing public schools in Colorado, 9th best zip code to live in Denver Area, and 1st best zip code to buy property in Douglas County.
We don't charge any up front fees. Not even a "Non-Refundable Set-Up Fee." If we don't perform, you don't pay. There are no "hidden fees" in our contracts.
Over 85% of renters now find their next home online. We post your property to over 200 web-sites and 150 media sites. More advertising means less time on the market and more money in your pocket.
All our contracts, leases, and documents are signed digitally. Tenant and Owner On-line Portals allow 24/7 access to all invoices, documents, statements, reports, and financials.
When the tenant prospects need to see the rentals. Our competition shows during normal business hours.
We are so confident in our Tenant Qualification Process that, if we have to evict a tenant we qualified and moved into a property we manage, we find a new tenant at no cost (we will not charge a leasing fee). This is a FREE service, not an "Eviction Protection Plan."
We use ACH direct deposit to collect rent and pay our owners so we can pay you up to 10 days faster than our competition… in time for your mortgage payment. We don’t start you out a month behind on paying your mortgage.
The National Average is only 60% returned / answered calls. Our voicemail will never say: “We will get back to you within 48 hours”
We ask for approval on all work orders so you don’t get surprised when you receive your statement. We don’t have an in-house maintenance staff that we pay $15 per hour and bill out at $50 per hour. Rather, we use our buying power to get discounts of 10-50% from our Preferred Vendors… and pass that savings directly on to you. We don’t have hazy language in our contracts that allow us to mark up any invoice for any amount at our discretion.
We are trained professionals who know how to negotiate and facilitate the rental process. We will get the highest possible rent for you, and, as an added bonus, you get the benefit of our years of real estate experience and accumulated knowledge.