Home Values

Central Business District Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$322,000

  • 11.9% 1-year change
  • 4.2% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Very Cold

Buyers' Market
Sellers' Market

The median home value in Central Business District is $322,000. Central Business District home values have gone up 11.9% over the past year and Zillow predicts they will rise 4.2% within the next year. The median list price per square foot in Central Business District is $420, which is higher than the Denver average of $266. The median price of homes currently listed in Central Business District is $465,000 while the median price of homes that sold is $197,088.

Foreclosures will be a factor impacting home values in the next several years. In Central Business District 3.8 homes are foreclosed (per 10,000). This is greater than the Denver value of 2.3 and also lower than the national value of 4.5

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Relative ZHVI
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Central Business District Market Overview

Data through Oct 31, 2014
  • $322,000 ZHVI
  • 4.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Oct 31, 2015)
  • $465,000 Median listing price
  • $197,088 Median sale price (Sep 30, 2014)
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Central Business District Market Health

Data through Oct 31, 2014
  • 7.7/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

3.8 homes(Feb 28, 2014) Central Business District
2.3 homes Denver
4.5 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Union Station $466,300
Civic Center $387,000
Highland $365,000
Name Median ZHVI
City Park West $359,100
Five Points $336,900
Jefferson Park $332,200
Name Median ZHVI
North Capitol Hill $328,200
Lincoln Park $239,500
Capitol Hill $197,600

Listings & Sales

Data through Oct 31, 2014
  • $420 Median list price / sq ft
  • $317 Median sale price / sq ft (Sep 30, 2014)
  • 47.2% Listings with price cut
9.4%
Sold below listing
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Central Business District Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,961 Central Business District
    $1,753 Denver
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $2.31 Rent list price / sq ft
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