The story of this market
The typical home in ZIP 80648 sells for about $407,000, or $208 per square foot.
Prices are down 1.4% 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 $1,650 a month.
ZIP 80648 — Nunn
The Greeley housing market is showing signs of stabilization with a slight year-over-year price decline, reflecting broader regional trends. Inventory levels remain sufficient to meet current demand, and the market is characterized by a competitive but balanced environment for buyers and sellers.
This ZIP is well-suited for families seeking affordable housing, university students, and professionals working in the local agricultural or energy sectors. It offers a balance of suburban amenities and regional accessibility.
Median prices moved down 1.4% year over year.
Homes spend a median of 50 days on market with 1.8 months of supply — a fast-moving market.
46% 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 3.9%/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 80648, 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.
Crime rates in Greeley are generally higher than the national average, with property crime being the most prevalent concern. Local law enforcement continues to focus on community policing initiatives to address these regional trends.
The area is primarily served by Greeley-Evans School District 6, which offers a diverse range of educational programs including magnet and charter options. School performance varies significantly across the district, with ongoing efforts to improve student outcomes.
The region faces moderate risks from severe weather, including high winds and occasional hail, which influence property insurance premiums. Flood risk is localized primarily along the Poudre River corridor.
Greeley serves as a regional economic hub with a strong foundation in agriculture, energy, and education. Significant development momentum is driven by the expansion of the University of Northern Colorado and ongoing infrastructure improvements.
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.
Commuters primarily rely on US-85 and US-34 for access to the broader Northern Colorado employment corridor. Public transit options are limited, making personal vehicle ownership the standard for most residents.
Residents have access to numerous parks, including the expansive Glenmere Park and the Poudre River Trail system. Shopping and dining are concentrated along the 10th Street and 23rd Avenue corridors.
The rental market is characterized by moderate vacancy pressure and consistent demand, supported by the student population and a growing workforce. Rent growth has stabilized following a period of rapid appreciation.
The economy is anchored by the University of Northern Colorado, JBS USA, and various agricultural processing facilities. The region maintains a diverse mix of public sector, education, and industrial employers.
Transportation is primarily highway-dependent, with US-85 and US-34 serving as the main arteries. Local bus services are provided by Greeley-Evans Transit.
Development is focused on increasing housing density near the university and revitalizing the historic downtown core.
The Weld County Assessor's office conducts biennial property valuations based on market data and property characteristics.
Parcels are subject to various special districts, including school districts, fire protection districts, and water/sanitation districts.
Property insurance premiums are influenced by regional weather patterns, specifically wind and hail exposure, leading to a competitive but hardening market.
Colorado continues to see net positive domestic migration, though the pace has moderated in recent years.
Colorado is a public trustee state, utilizing a non-judicial foreclosure process with specific notice and cure periods.
Sellers are required to provide a property disclosure form detailing known material defects, though the state is generally 'buyer beware'.
Data retrieved from data.census.gov using ZCTA 80648 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.
- Senators Steakhouse3.918.9 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 park featuring a lake and walking paths.
A multi-use trail system connecting various parts of the city.
Major educational anchor and cultural hub.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.