Berkeley

Denver, CO

Neighborhood Market Analysis

Q3 2025 Report
$725,000 (Q2 2025, estimated for Berkeley; Denver Metro median: ~$600,000)
Median Home Price
75–85 (Walk Score: 'Very Walkable')
Walkability Score
Public schools in Berkeley are rated average to above average (GreatSchools 5–7/10); some families opt for charters or private options.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by I-70 to the north, Federal Blvd to the east, 38th Ave to the south, and Sheridan Blvd to the west.

Zip Codes

80212

Market Data Summary

Price Range$600,000–$1,200,000+ (most homes); condos/townhomes from $450,000+
Price per Sq Ft$500–$650 (varies by property type and finish)
Inventory LevelsHigh—active listings up nearly 50% YoY, with more choices for buyers and increased competition among sellers.

Property Characteristics

Home Types & Architecture

Home Types

Single-family detachedTownhomesCondosDuplexes

Architectural Styles

Craftsman bungalowVictorianDenver SquareContemporary infillModern townhome

Property Details

Typical Lot Sizes3,000–6,250 sq ft (single-family); smaller for townhomes/condos
Home Age RangeEarly 1900s–2025 (historic bungalows to new infill)
Construction QualityMix of well-maintained historic homes, high-end new builds, and some mid-century properties; quality varies by renovation and builder.

Community Profile

Demographics & Lifestyle

Demographics

Diverse, with a mix of young professionals, families, and long-time residents. Median age ~35–40. Higher education levels and incomes than Denver average.

Community Vibe

Trendy, walkable, artsy, and community-oriented. Strong local pride, active social scene, and regular neighborhood events.

Typical Residents

  • Young professionals
  • Families with children
  • Empty nesters
  • Remote workers

Family Friendly

Yes—proximity to parks, playgrounds, and good schools. Active neighborhood association.

Amenities & Lifestyle

Parks & Recreation

  • Berkeley Lake Park
  • Rocky Mountain Lake Park
  • Dog parks
  • Tennis courts
  • Rec center

Dining Options

  • Hops & Pie
  • Parisi
  • The Oriental Theater (live music + bar)
  • Denver Biscuit Company

Shopping Centers

  • Tennyson Street retail corridor
  • Local boutiques
  • Art galleries

Local Businesses

  • BookBar
  • Berkeley Untapped
  • Feral Mountain Co.
  • Spruce Barber & Clothier

Education & Schools

Public schools in Berkeley are rated average to above average (GreatSchools 5–7/10); some families opt for charters or private options.
Overall School Rating

Elementary Schools

  • Centennial Elementary
  • Colfax Elementary

Middle Schools

  • Skinner Middle School

High Schools

  • North High School

Private Schools

  • Denver Waldorf School (nearby)
  • Holy Family High School (nearby)

Transportation & Accessibility

Transit & Roads

Public Transit

  • RTD bus routes on Tennyson, 38th Ave, Federal Blvd

Major Roads

  • I-70
  • Federal Blvd
  • Sheridan Blvd
  • 38th Ave

Commute & Walkability

Commute Times10–20 minutes to Downtown Denver by car; 30–40 minutes by bus or bike.
WalkabilityVery walkable for daily errands, dining, and recreation.
ParkingStreet parking can be tight near Tennyson retail; most homes have off-street or garage parking.

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • Move-up buyers
  • Families with children
  • Investors (rental or Airbnb)

Key Selling Points

  • Walkable lifestyle
  • Proximity to parks and dining
  • Mix of historic and modern homes
  • Strong community vibe

Pricing Considerations

Sellers must price competitively due to high inventory and longer DOM; price reductions are increasingly common.

Common Objections & Response Strategies

Objection: Prices are high compared to other Denver neighborhoods.

Response Strategy:

Emphasize walkability, amenities, and long-term value retention.

Objection: Older homes may need costly updates.

Response Strategy:

Highlight recent renovations, inspection reports, and potential for customization.

Objection: Parking is difficult near Tennyson.

Response Strategy:

Point out off-street/garage parking options and walkability to daily needs.

Objection: Market is softening; is now a good time to buy?

Response Strategy:

Stress increased inventory, more negotiating power, and long-term desirability of the area.

Investment Insights

Investment Potential

Appreciation Potential

Moderate—recent rapid appreciation has slowed; expect flat or slight declines through late 2025, but long-term fundamentals remain strong due to location and amenities.

Rental Demand

High—desirable for young professionals and families; strong short- and long-term rental market.

Buyer Competition

Lower than 2021–2022; more inventory and longer DOM, but well-priced homes still attract multiple offers.

Best For

  • Owner-occupants seeking walkability
  • Investors targeting stable rental income
  • Buyers seeking historic charm or new construction

Potential Concerns

  • High prices relative to Denver average
  • Older homes may need updates
  • Increased competition from new construction

Professional Recommendations

1

Price listings competitively and monitor market shifts weekly.

2

Stage homes to maximize light, space, and outdoor appeal.

3

Leverage neighborhood events and local businesses for open houses.

4

Educate buyers on long-term value and lifestyle benefits.

5

Highlight recent renovations and low-maintenance features.

6

Prepare for longer DOM and negotiate proactively.

Competitive Analysis

Comparable Markets

  • Highlands
  • Sunnyside
  • West Colfax
  • Edgewater

Market Positioning

Trendy, walkable, and community-focused—appeals to buyers seeking urban amenities with neighborhood charm.

Competitive Advantages

  • Superior walkability
  • Vibrant retail/dining scene
  • Mix of historic and new homes

Price Comparison

Berkeley is priced above Denver Metro median, similar to Highlands, and higher than Sunnyside or West Colfax.

Investment Metrics

4.5%–5.5% (long-term rental, depending on property and management)
Cap Rates
~4% gross yield (single-family); higher for multi-family or short-term rentals
Rental Yields
~22–25 (reflects high home values and strong rental demand)
Price-to-Rent
Neutral to modest positive for long-term rentals; higher for well-managed short-term rentals.
Cash Flow
Flat to -5% through late 2025; long-term outlook remains positive due to location and amenities.
Appreciation

Buyer Journey Insights

First-Time Buyers

Challenging due to high prices, but possible with condos/townhomes; highlight walkability and lifestyle.

Move-Up Buyers

Strong appeal for those seeking more space or amenities; focus on community and school options.

Downsizers

Attractive for those seeking low-maintenance living near amenities; modern townhomes and condos fit this profile.

Investors

Solid rental demand and stable returns; focus on updated properties or multi-family.

Relocators

Desirable for those moving to Denver for urban lifestyle; emphasize access to downtown and airport.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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