The story of this market
The typical home in ZIP 80624 sells for about $500,291, or $207 per square foot.
Prices are down 1.2% 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 $1,952 a month.
ZIP 80624 — Gill
The housing market in ZIP 80624 is currently balanced, reflecting the broader Greeley metro area's stability. While inventory remains constrained, buyer leverage is moderate, and price growth has flattened compared to previous years. The market is driven by local demand for rural residential properties rather than speculative investment.
This ZIP is best suited for those seeking a rural lifestyle, including families and individuals who prefer space over proximity to urban amenities and are comfortable with a car-dependent commute.
Median prices moved down 1.2% year over year.
Homes spend a median of 58 days on market with 4.7 months of supply — a balanced-paced market.
26% of listings have cut prices · homes sell at 99.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 6.8% — 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 8.3%/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 80624, 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.
Schools serving the area are part of the Weld County school system, generally characterized by rural district standards.
The area is subject to standard Colorado high-plains risks, including wind and occasional hail, with insurance premiums reflecting regional wildfire and weather exposure.
Economic momentum is tied to the broader Greeley and Weld County agricultural and energy sectors, with limited new large-scale infrastructure projects within the immediate ZIP.
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 is primarily car-dependent, with residents driving toward Greeley or the I-25 corridor for employment.
Recreation is largely rural-focused, with access to open space and local community parks in the nearby town of Gill.
The rental market is limited in depth due to the rural nature of the ZIP, with low vacancy pressure and minimal short-term rental activity.
The economy is anchored by agriculture, energy production, and regional services centered in the Greeley metro area.
Transportation is dominated by private vehicle use on regional highways; public transit options are minimal.
Development is primarily low-density residential and agricultural, with no major urban-scale projects currently reported.
Weld County Assessor manages property valuations based on biennial cycles, utilizing market-based mass appraisal techniques.
Parcels are subject to Weld County school district levies and potential water/sanitation district assessments.
Property insurance premiums are influenced by regional wildfire risk and severe weather patterns common to the Colorado plains.
Data retrieved from data.census.gov ZCTA-level tables.
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.
Local community green space serving the immediate area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.