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The Most Expensive Zip Codes in Colorado – Mountain Resorts in the Lead

Quick facts:

  • Aspen’s 81611 is the #1 most expensive zip code in Colorado
  • Boulder’s 80302 and 80304 tied for the second spot
  • Denver and Douglas County have the highest number of pricey zips – 11

Ranked as one of the best performing housing markets in the country by Freddie Mac close to a year ago, the Colorado real estate market has maintained its upwards swing. The median sale price appreciated 6.7%  year-over-year, according to the Colorado Association of REALTORS, with properties selling nearly 10% faster as well, as the monthly supply dropped 25% Y-o-Y.

On the upper end of the market, the buyers’ appetite for Colorado luxury homes has been increasing rapidly. According to LIV Sotheby’s most recent data, Metro Denver saw the number and dollar volume of luxury properties grow by nearly a fifth between January and September, compared to the same period last year.

With the state’s mountain resort real estate growing hotter by the day, it should come as little surprise that the #1 most expensive zip code in Colorado over the past 12 months is 81611 in Aspen. The median home sale price clocked in at $2,094,000 here thanks to a bevy of luxurious and ultra-luxurious properties that populate the zip. 81611 covers all of the Aspen area, including Larkspur Mountain, Mt. Shimer, Green Mountain, Truro Peak, Sievers Mountain South, as well as Hunter, Keefe and Larson Peaks, among many others.

One of the most famous mountain resorts in the world, Aspen is known not only as a winter sports wonderland, but as a playground for the rich and famous as well, evidenced by the abundance of pricey real estate and ultra-luxurious homes. Aspen’s 81611 was also the setting for Colorado’s largest residential transactions in the past 12 months, with the state’s top two sales registering a combined value of $56 million.

Trading hands in mid-September 2017, 2800 W Buttermilk Road represents Colorado’s #1 most expensive residential sale of the past year. The 8-bed, 9-bath Pitkin County home fetched $29,000,000 – a large sum indeed, although far below the $49,000,000 asking price it sported earlier this year. Known as the Mopani Estate, the 44.6-acre property was Colorado’s 3rd most expensive home for sale back in March.

The recently-built equestrian property offers up panoramic views of the Continental Divide, Red Mountain, Mount Sopris and the City of Aspen.  The West Buttermilk estate includes a 6-bed main home, 2-bed guest house, 4+ car garage, and a bevy of equestrian facilities, including a large stable.

Colorado’s 2nd most expensive residential transaction also took place in Aspen’s 81611,  with 205 Shady Lane trading hands for $27,000,000 in late August. The 5-bed legacy property is a quick walk from the City of Aspen’s downtown core, offering up views of the Rio Grande Trail and Aspen Mountain. The 6,515-square-foot Victorian home sits on a 2-acre riverfront estate which includes a 695-square-foot garage, live water, a gourmet kitchen, oversized windows and generous outdoor living space.

Colorado’s #2 most expensive zip codes, Boulder’s 80302 and 80304 tied for the second spot with a median sale price of $770,000. The two pricey zip codes cover a contiguous area of expensive real estate in Boulder that includes Sugarloaf Mountain, Mountain Meadows, Bald Mountain, Pine Brook Hill, parts of North and Central Boulder, and much of the resort and mountain territory to the west, north and southwest of Boulder. 80304 also represents the 11th most expensive zip code for Colorado renters according to our sister website RENTCafé.

Sporting a $769,000 median price, Vail’s 81657 is just an idea behind Colorado’s runner-up zips. One of only two zips in Vail, Colorado’s #3 most pricey zip code covers Bald Mountain, The Spider and Eagles Nest, with Read and Uneva Peak close by.

Check out the most expensive zip codes in Colorado below:

#Zip codeLocationCountyMedian sale price Nov 2016 - Oct 2017
181611AspenPitkin County$2,094,000
280304
80302
BoulderBoulder County$770,000
381657VailEagle County$768,000
481632EdwardsEagle County$725,000
580424BreckenridgeSummit County$697,500
680209DenverDenver County$649,500
780305BoulderBoulder County$645,000
881621BasaltPitkin County$642,500
980116FranktownDouglas County$591,000
1081623CarbondaleGarfield County$590,000
1180230DenverDenver County$584,950
1281224Crested ButteGunnison County$571,000
1380210DenverDenver County$560,000
1480118LarkspurDouglas County$551,500
1580206
80023
Denver
Broomfield
Denver County
Adams County
$545,000
1680027LouisvilleBoulder County$542,000
1780007ArvadaJefferson County$540,500
1880135SedaliaDouglas County$535,000
1980108Castle RockDouglas County$517,500
2080403GoldenJefferson County$516,250
2180124Lone TreeDouglas County$509,850
2280111EnglewoodArapahoe County$506,520
2380238
81620
Denver
Avon
Denver County
Eagle County
$500,000
2480303
80439
Boulder
Evergreen
Boulder County
Jefferson County
$495,000
2580211DenverDenver County$490,000
2680212DenverDenver County$474,975
2780547TimnathLarimer County$468,783
2880202DenverDenver County$467,000
2980503LongmontBoulder County$462,750
3080016AuroraArapahoe County$459,000
3181601Glenwood SpringsGarfield County$449,000
3280540
80516
Lyons
Erie
Boulder County
Weld County
$445,000
3380301BoulderBoulder County$440,000
3480026LafayetteBoulder County$436,000
3580138ParkerDouglas County$435,000
3680126LittletonDouglas County$433,000
3780134ParkerDouglas County$423,450
3880130LittletonDouglas County$419,750
3980220DenverDenver County$417,000
4080401GoldenJefferson County$416,250
4180528Fort CollinsLarimer County$415,875
4280466NederlandBoulder County$415,000
4380109Castle RockDouglas County$412,000
4480121LittletonArapahoe County$405,000
4580106ElbertElbert County$402,500
4680205DenverDenver County$401,001
4780102
80129
80921
Bennett
Littleton
Colorado Springs
Arapahoe County
Douglas County
El Paso County
$400,000
4880433ConiferJefferson County$399,950
4980207DenverDenver County$399,498
5080132MonumentEl Paso County$396,000

Methodology:  In order to determine which were the most expensive ZIP codes in Colorado, we looked at all residential transactions closed in between November 2016 and October 2017, taking into account condo, co-op, single- and two-family homes. All package deals were excluded.

Theiss Eliza

Theiss Eliza

Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. Eliza writes for both PropertyShark and CommercialEdge. Reach her at [email protected]

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