HousingHandbookReference data

U.S. ZIP Code · CO80424

Summit County

Typical home value

$1,186,906[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.2%
5-year / yr
+3.3%
10-year / yr
+6.6%

Relative price

vs U.S.
+317.8%
vs metro
vs state
+136.5%
ZIP 80424 location in CO
Location of ZIP 80424 in CO

Price history

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

The typical home in 80424 is worth $1,186,906. Over the past year, values have risen 0.2%. Homes here rent for a typical $3,252 a month — a 3.3% gross rental yield. The effective property tax rate is 0.3%.

#Rent & investment

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

Monthly rent
$3,252[2]
Gross yield
3.3%[2]
Cap rate
2.0%[2]

#Property tax

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

Effective tax rate
0.3%[3]
Typical annual tax
$3,832[3]

#Climate risk

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

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
No Rating
Heat wave
No Rating
Hurricane
Not Applicable
Tornado
Very Low
Earthquake
Very Low
Winter weather
Relatively Moderate

#Who lives here

Population
9,764[3]
Median household income
$120,907[3]

#Migration

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

Net migration
-191[5]
Moved in
1,692
Moved out
1,883

Schools

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

Public schools
3
Elementary
2
Middle
0
High
1
  • Summit High School

    High · Grades 9–12 · Summit School District No. Re 1

    1,123 students

  • Upper Blue Elementary School

    Elementary · Grades PK–5 · Summit School District No. Re 1

    224 students

  • Breckenridge Elementary School

    Elementary · Grades K–5 · Summit School District No. Re 1

    193 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.

Gross yield3.3%
Net yield (after ~40% expenses)2.0%
Annual rent$39,022

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.

Monthly payment$6,002
Loan principal$949,525
Down payment$237,381
Total interest paid$1,211,066

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.

Own : rent ratio2.25
Monthly cost to own$7,307
Monthly rent$3,252

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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 80424?
The typical home in 80424 is worth $1,186,906, based on the Zillow Home Value Index.
Are home values rising in 80424?
Home values in 80424 are up 0.2% over the past year, and up 3.3% a year over five years.
What is the typical rent in 80424?
A typical home in 80424 rents for about $3,252 a month, a gross rental yield of 3.3%.
What is the property tax rate in 80424?
The effective property tax rate in 80424 is 0.3% — roughly $3,832 a year on a typical home.
Who lives in 80424?
ZIP code 80424 has a population of 9,764 and a median household income of $120,907.

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