The story of this market
The typical home in ZIP 80124 sells for about $850,000, or $325 per square foot.
Prices are down 1.2% from a year ago, which gives buyers more room to negotiate. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,850 a month.
ZIP 80124 — Lone Tree
The 80124 housing market remains stable with high demand for luxury and family-oriented properties. While year-over-year price growth has moderated, the area's strong economic base and school quality continue to support values. Inventory remains tight, keeping the market competitive for buyers.
This ZIP is ideal for affluent families and professionals seeking a suburban lifestyle with urban-style amenities. It attracts those who value proximity to major employment hubs and high-quality school districts.
Median prices moved down 1.2% year over year.
Homes spend a median of 28 days on market with 3.4 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 3.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 80124, Douglas County CO
Lone Tree generally reports low crime rates compared to regional averages, with property crime being the primary concern. The area benefits from a dedicated police force and high community engagement.
Schools serving 80124 are part of the highly-rated Douglas County School District, known for strong academic performance and extensive extracurricular offerings.
The area faces moderate wildfire risk typical of the Colorado Front Range and standard hail/wind exposure. Insurance premiums have seen upward pressure due to regional climate-related loss trends.
Lone Tree is a major economic hub featuring the Park Meadows retail district and significant corporate office presence, including major healthcare and financial services employers.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Colorado) — Statutory Agricultural Land Reclassification and Improvement Valuation: Under C.R.S. § 39-1-102(1.6)(a)(I), up to two acres of land directly underlying a residential improvement on agricultural parcels are segregated and assessed at residential rates (6.80% / 7. State (Colorado) — Senior and Disabled Veteran Property Tax Homestead Exemption: Exempts 50% of the first $200,000 of actual market value of the qualifying primary residential parcel from property taxation (a maximum actual value deduction of $100,000). State (Colorado) — Colorado Split Residential Property Tax Assessment Rate Structure: Imposes annual ad valorem property taxes determined using a bifurcated assessment rate system. Assessed Value = Actual (Market) Value × Assessment Rate. Beginning for tax years 2025/2026, residential property is assessed at 6.
Residents have direct access to I-25 and E-470, providing efficient transit to the Denver Tech Center and downtown Denver. Light rail service via the RTD Southeast Corridor serves the area.
The ZIP features extensive trail systems, proximity to Bluffs Regional Park, and numerous golf courses including Lone Tree Golf Club. High-end shopping and dining are concentrated at Park Meadows.
The rental market is characterized by high-end luxury apartment communities with stable occupancy rates. Short-term rental activity is strictly regulated by the City of Lone Tree.
The economy is anchored by the retail, healthcare, and professional services sectors. Major employers include Sky Ridge Medical Center and various corporate headquarters in the surrounding business parks.
The area is well-served by the I-25 corridor and RTD light rail, facilitating commutes to the Denver Tech Center and downtown Denver.
Development is focused on the continued build-out of the RidgeGate master-planned community, emphasizing transit-oriented development.
The Douglas County Assessor's office conducts biennial reappraisals to determine market value for property tax purposes.
Parcels are subject to various special districts, including metropolitan districts that fund infrastructure and public services.
Property insurance costs are influenced by regional wildfire and hail risk, with premiums trending upward across the Front Range.
Data retrieved from data.census.gov ZCTA 80124 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Meow Wolf Denver's Convergence Station4.515.7 mi
- Downtown Aquarium4.316.3 mi
- Elitch Gardens416.2 mi
- Dave & Buster's Denver4.210.5 mi
- Pindustry4.14.4 mi
- Red Rocks Park and Amphitheatre4.918.8 mi
- Ball Arena4.616 mi
- Coors Field4.716.3 mi
- Denver Botanic Gardens4.814.2 mi
- Empower Field at Mile High4.616 mi
- AMC Highlands Ranch 244.45.3 mi
- Dave & Buster's Denver4.210.5 mi
- Chatfield State Park4.68.9 mi
- Cherry Creek State Park4.67.1 mi
- Cinemark Century Aurora and XD4.412.6 mi
- Denver Zoo4.615.2 mi
- Casa Bonita3.917.1 mi
- Denver Botanic Gardens4.814.2 mi
- Denver Museum of Nature & Science4.715 mi
- Meow Wolf Denver's Convergence Station4.515.7 mi
- Chatfield State Park4.68.9 mi
- Cherry Creek State Park4.67.1 mi
- Denver Botanic Gardens Chatfield Farms4.610.8 mi
- The Hudson Gardens & Event Center4.68.3 mi
- Roxborough State Park4.811.6 mi
- Chatfield Marina4.58.7 mi
- Topgolf Centennial4.44.3 mi
- Family Sports Center4.44.8 mi
- Arrowhead Golf Club4.511.1 mi
- Kennedy Golf Course4.38.4 mi
- Foothills Golf Course4.212.9 mi
- Park Meadows4.52.4 mi
- Outlets at Castle Rock4.58.3 mi
- Mershops Town Center at Aurora412.8 mi
- Southlands4.511.2 mi
- Denver International Airport4.125.3 mi
- Centennial Airport4.44.2 mi
- Capital One Lounge at DEN3.325.1 mi
- Blue Sky Bistro4.728.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional shopping destination featuring high-end retail and dining.
An Arnold Palmer-designed course serving the local community.
Features extensive hiking and biking trails with panoramic mountain views.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).