The story of this market
The typical home in ZIP 80137 sells for about $505,745, or $265 per square foot.
Prices are down 2.4% from a year ago, which gives buyers more room to negotiate. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $2,450 a month.
ZIP 80137 — Watkins
The 80137 housing market is showing signs of stabilization as inventory levels rise and price growth moderates. While year-over-year prices have dipped slightly, the area remains attractive to buyers seeking new construction in the Sky Ranch development. Demand remains steady, supported by the area's relative affordability compared to the Denver urban core.
This ZIP is best suited for family buyers seeking new construction at a lower price point than the Denver core, as well as commuters who prioritize space over proximity to urban amenities.
Median prices moved down 2.4% year over year.
Homes spend a median of 58 days on market with 6.1 months of supply — a balanced-paced market.
18% 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 7.7% · poverty 9.5% — 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 5.4%/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 6.1%/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 80137, Colorado
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Watkins area are generally lower than the regional average for the Denver metropolitan area, with property crime being the primary concern in this rural-fringe setting.
Schools serving the 80137 ZIP code are primarily part of the Bennett and Adams-Arapahoe school districts, which generally maintain average performance ratings compared to state benchmarks.
The area faces moderate wildfire risk due to its prairie-grassland landscape and is subject to standard Colorado wind and hail exposure, necessitating comprehensive property insurance coverage.
Growth is driven by the expansion of the Sky Ranch master-planned community and proximity to the I-70 corridor, which serves as a major logistics and industrial artery for the region.
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.
Commuting from 80137 relies heavily on personal vehicles via I-70, with a typical drive time of 35-45 minutes to reach the Denver employment core.
Recreation is largely rural, featuring open space and proximity to regional parks, though residents typically travel to nearby Aurora or Bennett for major shopping, dining, and organized sports facilities.
The rental market is characterized by limited inventory, primarily consisting of single-family homes, with rents trending upward due to the lack of multi-family density in the area.
The local economy is anchored by logistics, agriculture, and construction, with many residents commuting to the Denver metro area for professional services and corporate employment.
Transportation is almost exclusively car-dependent, with I-70 providing the primary east-west connection to the Denver metropolitan area.
Development is focused on the continued build-out of the Sky Ranch community and potential industrial expansion along the I-70 corridor.
Arapahoe County Assessor manages property valuations, with assessments occurring on a biennial cycle based on market data.
Parcels in this ZIP are often subject to Metropolitan District taxes, which fund infrastructure and services for new residential developments.
Property insurance premiums are rising due to regional exposure to hail and wind events, consistent with broader Colorado market trends.
Colorado continues to see net positive domestic migration, though the pace has moderated compared to the 2020-2021 peak.
Colorado is a public trustee state, utilizing a non-judicial foreclosure process that typically takes 110-125 days.
Sellers are required to provide a standard Colorado Real Property Transfer Declaration and a Seller's Property Disclosure form covering known material defects.
Data retrieved from data.census.gov ZCTA 80137 profile.
- Dave & Buster's Denver4.218.6 mi
- Pindustry4.117.6 mi
- Family Sports Center4.415.4 mi
- Boondocks Food and Fun - Parker4.213.4 mi
- SweetPlay Greenwood Village4.617.6 mi
- Stanley Marketplace4.615.9 mi
- Dick’s Sporting Goods Park4.518 mi
- Fiddler's Green Amphitheatre4.417.3 mi
- Topgolf Centennial4.416.3 mi
- Wings Over the Rockies Air & Space Museum4.716.5 mi
- Aurora Sports Park4.69.6 mi
- Cinemark Century Aurora and XD4.412.4 mi
- AMC Arapahoe Crossing 164.212.8 mi
- Lava Island4.612.4 mi
- La Plaza Colorado4.412.4 mi
- Denver Zoo4.619.7 mi
- Denver Museum of Nature & Science4.719.2 mi
- Wings Over the Rockies Air & Space Museum4.716.5 mi
- Four Mile Historic Park4.618.1 mi
- PACE Center4.814.9 mi
- Aurora Sports Park4.69.6 mi
- Aurora Reservoir4.67.2 mi
- Great Plains Park4.68.9 mi
- High Prairie Park4.811.2 mi
- Red-tailed Hawk Park4.79.9 mi
- Green Valley Ranch Golf Club4.211.1 mi
- Murphy Creek Golf Course4.36.3 mi
- Saddle Rock Golf Course4.110.1 mi
- Heritage Eagle Bend Golf Club4.510.9 mi
- Meadow Hills Golf Course4.312.6 mi
- Mershops Town Center at Aurora412.5 mi
- Southlands4.58.7 mi
- King Soopers3.511.7 mi
- Burlington3.412.7 mi
- La Plaza Colorado4.412.4 mi
- Denver International Airport4.112.5 mi
- Centennial Airport4.415.6 mi
- Capital One Lounge at DEN3.312.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Community park serving the primary residential development in the area.
Large open space area providing trails and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.