Back to Market Intelligence Directory

Washington Park

Denver, CO

Neighborhood Market Analysis

Q3 2025 Report
$1,600,000 (June 2025)
Median Home Price
78–85 (high; varies by block)
Walkability Score
Generally above average to excellent (7–10 GreatSchools ratings for most public options).
School Rating

Location Overview

Neighborhood Boundaries

Roughly bordered by Downing St (west), University Blvd (east), Cherry Creek (north), and I-25 (south).

Zip Codes

8020980210

Market Data Summary

Price Range$610,000 (condos) to $4,500,000+ (luxury single-family)
Price per Sq Ft$549 (June 2025)
Inventory LevelsBalanced (neutral market); not excessive, but more options than previous year.

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesCondosTownhomes

Architectural Styles

Denver SquaresVictorianCraftsmanBungalowsModern infill

Property Details

Typical Lot Sizes5,000–7,500 sqft for single-family; condos/townhomes smaller
Home Age RangeEarly 1900s–present (historic and new builds)
Construction QualityGenerally high; mix of historic charm and modern renovations.

Community Profile

Demographics & Lifestyle

Demographics

Affluent, highly educated, mix of families, professionals, and retirees.

Community Vibe

Active, outdoorsy, community-oriented, dog-friendly, health-focused.

Typical Residents

  • Families
  • Young professionals
  • Retirees

Family Friendly

Very; large park, playgrounds, good schools, active community groups.

Amenities & Lifestyle

Parks & Recreation

  • • Washington Park (155 acres: lakes, trails, gardens, tennis, playgrounds)

Dining Options

  • • Upscale bistros
  • • Cafés
  • • Casual eateries
  • • Ice cream shops

Shopping Centers

  • • South Gaylord Street shops
  • • Cherry Creek Shopping District (nearby)

Local Businesses

  • • Coffee shops
  • • Boutique fitness studios
  • • Local grocers
  • • Florists

Education & Schools

Generally above average to excellent (7–10 GreatSchools ratings for most public options).
Overall School Rating

Elementary Schools

  • • Steele Elementary
  • • Lincoln Elementary

Middle Schools

  • • Merrill Middle School

High Schools

  • • South High School

Private Schools

  • • St. Vincent de Paul Catholic School
  • • Denver Waldorf School

Transportation & Accessibility

Transit & Roads

Public Transit

  • • RTD Light Rail (Louisiana-Pearl Station)
  • • Multiple RTD bus lines

Major Roads

  • • I-25
  • • University Blvd
  • • Downing St

Commute & Walkability

Commute Times10–20 min to Downtown Denver; 30–40 min to DTC/Airport.
WalkabilityHigh; most errands and recreation accessible on foot or bike.
ParkingStreet parking can be tight near park/events; most homes have garages or driveways.

Marketing Intelligence

Target Buyer Types

  • Affluent families
  • Young professionals
  • Relocators from out-of-state
  • Empty nesters

Key Selling Points

  • Direct access to Washington Park
  • Historic charm with modern amenities
  • Walkability to shops, dining, and schools
  • Strong community identity

Pricing Considerations

Price competitively within segment; staged, move-in-ready homes command premium.

Common Objections & Response Strategies

Objection: High home prices compared to other Denver neighborhoods.

Response Strategy:

Emphasize long-term appreciation, lifestyle, and park access.

Objection: Older homes may need maintenance or updating.

Response Strategy:

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

Objection: Limited inventory or lack of new construction.

Response Strategy:

Showcase quality of existing homes, potential for remodels, and unique architectural styles.

Objection: Parking challenges near the park or during events.

Response Strategy:

Point out private parking, garage options, and quieter streets further from the park.

Investment Insights

Investment Potential

Appreciation Potential

Strong; 19.9% YoY growth (2024–2025), historic resilience.

Rental Demand

High for both long-term and short-term (Airbnb/VRBO) due to location and amenities.

Buyer Competition

Moderate; neutral market, but premium homes still see multiple offers.

Best For

  • Upscale buyers
  • Families
  • Investors seeking stable appreciation

Potential Concerns

  • High entry price
  • Property taxes
  • Older homes may need updates

Professional Recommendations

1

Leverage park proximity and lifestyle in all marketing.

2

Stage homes to highlight both historic charm and modern updates.

3

Educate buyers on long-term value and appreciation history.

4

Network with local businesses and community groups for hyperlocal insights.

5

Prepare for questions on property taxes, maintenance, and parking.

Competitive Analysis

Comparable Markets

  • Platt Park
  • Cherry Creek
  • Cory-Merrill

Market Positioning

Premium, lifestyle-driven neighborhood with enduring appeal.

Competitive Advantages

  • Direct adjacency to Washington Park
  • Historic homes with character
  • High walkability and lifestyle amenities

Price Comparison

Higher than Platt Park and Cory-Merrill; slightly below Cherry Creek for luxury segment.

Investment Metrics

2.8–3.5% (typical for high-end Denver neighborhoods)
Cap Rates
3–4% gross annual yield for long-term rentals
Rental Yields
High (indicative of owner-occupant preference and strong appreciation)
Price-to-Rent
Limited for traditional rentals; stronger for short-term furnished rentals.
Cash Flow
Moderate to strong; expect 4–6% annualized over next 3 years barring macroeconomic shifts.
Appreciation

Buyer Journey Insights

First-Time Buyers

Challenging due to high prices; best suited for dual-income or move-up buyers.

Move-Up Buyers

Ideal for those seeking more space, amenities, and community.

Downsizers

Attractive for empty nesters wanting walkability and park access; condos/townhomes available.

Investors

Best for appreciation-focused buyers or short-term rental operators.

Relocators

Highly desirable for out-of-state buyers seeking Denver’s best lifestyle neighborhoods.

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.

Related Market Intelligence

Explore connected markets and opportunities

Explore This Area

Denver, CO

city

Parent city

$600,000

Southshore in Aurora, CO

neighborhood

Same metro area

$650,000

Tallyn's Reach in Aurora, CO

neighborhood

Same metro area

$700,000

Nearby Areas

Platt Park in Denver, CO

neighborhood

1 miles away

$950,000

Congress Park in Denver, CO

neighborhood

3 miles away

$1,050,000

Similar Markets

Platt Park in Denver, CO

neighborhood

Similar market (86% price match)

$950,000

Congress Park in Denver, CO

neighborhood

Similar market (95% price match)

$1,050,000