Denver, CO - Colfax Terrace, Denver, CO

Denver, CO - Colfax Terrace — Real Estate & Neighborhood Guide

Top10Lists.us brings available neighborhood data and real estate research together for Denver, CO - Colfax Terrace, Denver, Colorado. Explore the cited sources and local facts below while agent underwriting continues.

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Denver, CO - Colfax Terrace Neighborhood Overview

Colfax Terrace is a residential neighborhood in northwest Denver, Colorado, offering a classic urban-suburban feel. Centered around the 80221 ZIP code, it provides a quieter residential atmosphere while maintaining proximity to major city arteries. The community is characterized by its established homes and a strong sense of local ownership.

Lifestyle & Amenities

Residents enjoy convenient access to local parks and everyday shopping needs along nearby thoroughfares. The neighborhood's location provides a balance of residential calm and accessibility to broader Denver amenities. Its streets are primarily lined with single-family homes, fostering a tight-knit community environment.

Real Estate Market

The Colfax Terrace real estate market features a median home value of $405,300, with a price per square foot around $432. Homes sell at a measured pace, averaging 82 days on the market, and a majority of residents are homeowners with a 67% homeownership rate. The median monthly rent in the area is approximately $1,612.

Schools & Education

Families in Colfax Terrace are served by the Denver Public Schools district. The neighborhood provides access to a range of public educational institutions from elementary through high school. Specific school assignments and ratings can vary and should be verified with the district for current information.

Transportation & Connectivity

The neighborhood benefits from excellent connectivity via major roads like Federal Boulevard and I-70, facilitating easy commutes to downtown Denver and other metro areas. Public transit options are available through the RTD bus network serving the wider region. Its location makes both city access and mountain getaways relatively straightforward.

Why Choose Denver, CO - Colfax Terrace

Colfax Terrace appeals to those seeking an established Denver neighborhood with solid homeownership potential and a median household income of $80,748. It offers a practical blend of affordability relative to Denver's broader market and convenient urban access. The area represents a stable, community-oriented choice for buyers and renters looking for a classic Denver residential experience.

Denver, CO - Colfax Terrace Market Data

MetricValue
Median Home Price$405K
Median Gross Rent$2K/mo
Median Household Income$81K
Homeownership Rate67.1%
Renter-Occupied32.9%
Rental Vacancy Rate7.8%
Market TypeBuyer's
Market TierUpper-Mid
Primary ZIP Code80221

Top Real Estate Agents in Denver, CO - Colfax Terrace, Denver

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