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Here is everything you need to know about the housing market at zip code 80465.
Zip 80465 has an area size of 45.13 square miles and is mainly found in Jefferson County, covering Morrison, Lakewood, and Indian Hills in Colorado. Zip 80465 shelters 16,192 people and has a population density of about 336 residents per square mile.
Its local racial makeup mostly consists of 83% whites and 12% Hispanics. Non-citizens only account for about 0.9%.
With a median age of 44.1 years, approximately 15% of zip code 80465's population is below 25. The average number of people per household in this zip code is 2.4.
Nearly 66% of the people living here are married, and close to 42% of the overall population have children.
The Best Places website caps the average cost of living in 80465 at 132.1 compared to a national average of 100. The average individual income in 80465 is $46,983, and its median household income is $107,852 per year.
The current unemployment rate in 80465 is 2.6%, but job markets across this zip increased by 2.8% in 2020. Prospects expect the job market here to continue growing at a pace of 44.3% for the next ten years relative to the 33.5% national estimate.
This zip has a sales tax rate of 4.5%, an income tax rate of 4.6%, and an effective property tax rate is $5.63 per $1,000 home value. The median U.S. property tax average rate is $11.78 per $1,000 home value.
About 85% of the people working in this zip code drive to work, and it usually takes an average of 31.6 minutes for a one-way commute. A standard one-way commute in the U.S. takes an average of 26.4 minutes.
Zip 80465 has 59 public schools, and its average annual expenditure per student is $9,727.The average student-teacher ratio in these schools is 18:1. Other estimates include a student-librarian ratio of 658:1 and a student-counselor ratio of 397:1. Approximately 51% of the people living in this zip are bachelor’s degree holders.
Zip 80465 is generally a rural zip code, and its residential market comprises 91% owner-occupied home sand 9% rent-occupied residences.
The median home value in 80465 is $396,900, and about 4% of the available listings are selling below$200,000. The current national home value estimate is $217,500.
According to Niche, $1,524 is the median rent in 80465, and $1,062 is the national median. This data suggests that about 16% of the locals are currently paying less than $1,000 for rent each month.
Redfin.com caps the asking price for a 3-bedroom listed apartment at $750,000, a 10.2% increase from last year. This zip’s housing market is currently experiencing a 40% shortage in the number of homes for sale, and the current median sales price is $485,000 compared to the median list price of $774,000.
The median age for zip code 80465's real estate is 39 years.
The number of occupied residences in this zip is 5,768 homes, and its overall housing vacancy rate is 2.3%. Rented homes account for 9.2% of the occupied housing units, and zip code 80465 currently has a 0% rent vacancy rate.
Realtor.com states that apart from the 96 active properties with a median listing price of $475,000 available since the start of February. Bidding is quite competitive, and most homes are spending an average of 34 days in the market.
The median home closed sale price in 80465 is $430,100, and the annual real estate appreciation rate for houses within this zip was 5.5% for the last ten years. At this pace, 80465 guarantees home investors a favorable stream of returns of interest.
With an annual comfort index of 7.2/10, both January and July are the only months that 80465 experience extreme temperatures of 180 and 860. The rest of the year is pleasant, but you should note that 80465 get 245 sunny days and about 72 days of precipitation per year. Zip 80465 generally ranks as the 17th best zip code to buy a house in Colorado, 27th zip code with the best public schools in Denver Area, and 7th best zip code to live in Jefferson 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.