Once seen as Denver's least desirable neighborhood by Westword Magazine, Barnum now may be one of the last pockets of affordable 1920s and 40s timber bungalows in the city. The demographics of the neighborhood ten years ago were the same as the Highlands, but as the Highlands gentrified, Barnum remained what it was designed to be, a working class neighborhood.
Originally named after the Circus Giant, P.T. Barnum for his land holdings in the area, Barnum sold the land to developers and prior to WWII, war munitions factory workers moved into the very small homes (between 400 and 1300sf ) throughout the neighborhood.
Like the Highlands, Sunnyside, Five Points, and Baker before it, Barnum seems to be in the infant stages of gentrification. In the last twelve months the average price per square foot in the neighborhood has gone up from $113 per square foot to $155. Average days on market also seem to be an indication of this neighborhoods appeal, houses are selling in about 38 days which is up from February numbers that dipped to 24 days simply because of lack of inventory. To date there are only 8 active listings in the neighborhood at an average price of $170,000.
If you are into small house living, enjoy great ethnic food, desire a nice yard for gardening and a home with history, Barnum may be the last neighborhood in town where affordable housing is still available.
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