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Westminster real estate market overview
- Average Monthly Rent: $1,561
- Home Price/Value Percentage Change: 1.80%
- Median Home Value: $390,349
- Best Time To Sell a Home: June
- Affordability Index: 90
- Days To Sell a House: 46
- Job Market: Fair
- Public School Ranking: 17
Location and weather
Westminster is in the northwest quadrant of the Denver Metro area, halfway between Denver and Boulder. The city population is 113,000, and it is located on two prime technology corridors: US 36 and N-I 25. Nearby is one of the most robust tech start-up regions in the United States.
In Westminster the summers are warm, and like the rest of Colorado, the winters are cold and dry. The summer temperatures are in the 80's, with lows in the 60's. The high winter temperatures are in the 50's, with lows in the 20's.

Population, job market and cost of living
The population of Westminster in 2019 was 113,479, with a growth rate of .2%. The state's population is expected to grow by as much as 70% by 2040. Due to the expected population increase, Westminster has created a planning approach that has become a model for other cities.
The job growth has increased by 2.78% and in ten years, is predicted to have increased by 43.33%. The largest industries are in retail trade, healthcare and social assistance and manufacturing. The largest employers are DigitalGlobe, Tri-State Generation & Transmission Association and Suncorp Corporate Credit Union.
The cost of living is high due to the Westminster real estate market and lack of housing. With its scenic location, 74 miles of interconnected off-road trails and 9 miles of street trails, a growing job market and the benefits of Denver, Westminster will continue to attract an educated workforce.
Westminster real estate market details
Hottest neighborhoods
- Hyland Village
- Broomfield
- Standley Lake