The story of this market
The typical home in ZIP 80623 sells for about $425,000, or $205 per square foot.
Prices are down 2.3% from a year ago, which gives buyers more room to negotiate. Homes take about 50 days to sell. HUD's fair market rent for a two-bedroom is $1,380 a month.
ZIP 80623 — Gilcrest
The Greeley housing market is experiencing a period of stabilization with modest year-over-year price softening. While inventory levels remain tight, the market continues to see consistent demand from local buyers, keeping it in a balanced to seller-leaning position.
This area is well-suited for family buyers and workforce professionals seeking more affordable housing options compared to the Denver metro area, while offering a stable, community-focused environment.
Median prices moved down 2.3% year over year.
Homes spend a median of 50 days on market with 1.7 months of supply — a fast-moving market.
47% of listings have cut prices · homes sell at 98.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 14.2% — 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 7.3%/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 4.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 80623, Weld County CO
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by Greeley-Evans School District 6, which maintains a variety of public school options; performance ratings vary significantly across individual campuses.
The region faces standard Colorado climate risks, including potential for severe wind, hail, and wildfire exposure, which influences local property insurance premiums.
Greeley serves as a regional economic hub with a diverse base in agriculture, energy, and education, supported by ongoing infrastructure improvements and residential expansion.
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 primarily rely on personal vehicles for commuting, with major corridors providing access to employment centers in Greeley and the broader Northern Colorado region.
The area features numerous local parks, community centers, and proximity to regional trails and golf courses, providing a variety of outdoor and leisure amenities.
The rental market remains active with moderate vacancy pressure; demand is supported by the local university presence and a steady influx of workforce residents.
The economy is anchored by the University of Northern Colorado, regional healthcare systems, and a robust agricultural and energy sector.
Transportation is primarily highway-based, with regional bus services connecting Greeley to the broader Northern Colorado transit network.
Development is focused on infill projects and expanding residential capacity in the city's periphery to accommodate population growth.
Parcels are subject to standard municipal and county tax levies, with some areas potentially falling under specific metropolitan or utility district assessments.
Property insurance costs are influenced by regional weather patterns, including hail and wind risks common to the Front Range.
Data retrieved from ZCTA-level census profiles and local market reports.
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.
- Main Event Windsor4.415.2 mi
- Greeley Stampede4.411.4 mi
- Loveland Laser Tag4.616.3 mi
- Lil' Buckaroo's Petting Zoo4.919.6 mi
- Fairgrounds Park4.617.5 mi
- Blue FCU Arena4.415.7 mi
- Fritzler Farm Park - CO's Premier Pumpkin Patch, Fall Festival, & Haunted Corn Maze4.21.5 mi
- The Ranch Events Complex4.515.6 mi
- Colorado National Speedway4.718.6 mi
- Golden Corral Buffet & Grill4.216 mi
- Island Grove Regional Park4.511.3 mi
- Colorado Model Railroad Museum4.810.6 mi
- Glenmere Park4.79.4 mi
- Cinemark Greeley Mall4.48 mi
- Highland Park Lanes4.68.6 mi
- Chapungu Sculpture Park at Centerra4.614.3 mi
- Colorado Model Railroad Museum4.810.6 mi
- Longmont Museum4.519.6 mi
- Loveland Museum4.717.5 mi
- Fort Vasquez4.46.7 mi
- Island Grove Regional Park4.511.3 mi
- Glenmere Park4.79.4 mi
- Bittersweet Park4.59.3 mi
- Monfort Park4.58.2 mi
- Sanborn Park4.68.7 mi
- Boyd Lake Marina4.117.5 mi
- Mad Russian Golf Club47 mi
- Boomerang Links Golf Course4.510.1 mi
- Highland Hills Golf Course4.48.2 mi
- Highland Park Lanes4.68.6 mi
- Greeley Country Club4.39.5 mi
- Greeley Mall3.68 mi
- King Soopers Marketplace4.39.4 mi
- King Soopers4.312.2 mi
- King Soopers4.28.6 mi
- King Soopers4.18.6 mi
- Denver International Airport4.130.1 mi
- Capital One Lounge at DEN3.330.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A historic and popular community park featuring walking paths and green space.
Major anchor institution providing cultural events, sports, and educational resources.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.