How much is a home worth in ZIP code 80123?

The typical home in 80123 is worth $602,341, based on the Zillow Home Value Index.

Are home values rising in 80123?

Home values in 80123 are down 2.8% over the past year, and up 2.7% a year over five years.

What is the typical rent in 80123?

A typical home in 80123 rents for about $1,935 a month, a gross rental yield of 3.9%.

What is the property tax rate in 80123?

The effective property tax rate in 80123 is 0.6% — roughly $3,325 a year on a typical home.

ZIP code 80123 has a population of 44,549 and a median household income of $105,932.

HousingHandbookReference data

…

U.S. ZIP Code · CO80123

Jefferson County · Denver-Aurora-Centennial, CO

Typical home value

$602,341^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.8%
5-year / yr: +2.7%
10-year / yr: +5.2%

Relative price

vs U.S.: +112.0%
vs metro: +7.7%
vs state: +20.0%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 80123 is worth $602,341 — 7.7% above the Denver-Aurora-Centennial, CO median. Over the past year, values have fallen 2.8%. Homes here rent for a typical $1,935 a month — a 3.9% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,935^[2]
Gross yield: 3.9%^[2]
Cap rate: 2.3%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.6%^[3]
Typical annual tax: $3,325^[3]

#Climate risk

FEMA National Risk Index ratings for Jefferson County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Relatively High
Drought: Very Low
Heat wave: Relatively Low
Hurricane: Not Applicable
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Very High

#Who lives here

Population: 44,549^[3]
Median household income: $105,932^[3]

#Migration

Household moves in and out of Jefferson County over a year, from IRS tax-return data.

Net migration: +1,730^[5]
Moved in: 28,253
Moved out: 26,523

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 11
Elementary: 7
Middle: 3
High: 1

Columbine High School
High · Grades 9–12 · Jefferson County School District No. R-1
1,667 students
Ken Caryl Middle School
Middle · Grades 6–8 · Jefferson County School District No. R-1
724 students
Wilder Elementary School
Elementary · Grades K–5 · Littleton School District No. 6 in the county of Arapahoe
592 students
Goddard Middle School
Middle · Grades 6–8 · Littleton School District No. 6 in the county of Arapahoe
562 students
Deer Creek Middle School
Middle · Grades 6–8 · Jefferson County School District No. R-1
527 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield3.9%

Net yield (after ~40% expenses)2.3%

Annual rent$23,224

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$3,046

Loan principal$481,873

Down payment$120,468

Total interest paid$614,602

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.98

Monthly cost to own$3,824

Monthly rent$1,935

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 60th percentile^[1]
Rental yield: 38th percentile^[2]
Property tax: 65th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 80123?: The typical home in 80123 is worth $602,341, based on the Zillow Home Value Index.
Are home values rising in 80123?: Home values in 80123 are down 2.8% over the past year, and up 2.7% a year over five years.
What is the typical rent in 80123?: A typical home in 80123 rents for about $1,935 a month, a gross rental yield of 3.9%.
What is the property tax rate in 80123?: The effective property tax rate in 80123 is 0.6% — roughly $3,325 a year on a typical home.
Who lives in 80123?: ZIP code 80123 has a population of 44,549 and a median household income of $105,932.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

80128 vs 80123 →
Columbine CDP, CO
Typical home
$602,640
Gross yield
4.3%
80440 vs 80123 →
Fairplay, CO
Typical home
$605,069
Gross yield
—
80033
Wheat Ridge, CO
Typical home
$599,486
Gross yield
3.6%
80207
Denver, CO
Typical home
$597,980
Gross yield
5.2%
80004
Arvada, CO
Typical home
$608,680
Gross yield
4.2%
80420
Alma, CO
Typical home
$609,055
Gross yield
—

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#Jump to section

U.S. ZIP Code · CO80123

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