Denver, CO Housing Market Report & Home Prices

Denver, CO housing market data: median home price, year-over-year appreciation, inventory, months of supply, days on market, affordability, and what it means

Denver, CO Housing Market Report

Denver, CO is currently a balanced market. The median sale price sits near $592,000, down 0.6% from a year ago, with roughly 8,276 active listings and 4 months of supply. Homes are going under contract in about 50 days on average.

Denver, CO by the numbers

Market analysis

Denver, CO is currently a balanced market. The median sale price sits near $592,000, down 0.6% from a year ago, with roughly 8,276 active listings and 4 months of supply. Homes are going under contract in about 50 days on average.

Affordability remains the binding constraint. At the current national average 30-year fixed rate near 6.42%, the typical payment on a median-priced home in Denver, CO runs about $3,957 per month including taxes and insurance, against a median rent near $2,220. That gap is what determines whether purchase conversations in this market start with payment, with price, or with a buydown structure.

Supply is close to balance, with price reductions on about 24% of active listings. Builder incentives are selective, and permits are running near 8,300 annualized units.

For originators, the practical read is this: buyers have negotiating room again, so seller-paid temporary buydowns and closing cost credits are the highest-leverage tools in your kit.

Denver, CO housing market questions

Is Denver, CO a buyer's or seller's market?

Denver, CO currently reads as a balanced market with 4 months of supply. Balanced is generally considered four to six months, so this market is close to balance.

What is the median home price in Denver, CO?

The median sale price is approximately $592,000 as of 7/24/2026, down 0.6% from a year earlier.

Are home prices falling in Denver, CO?

Yes. Median prices are down about 0.6% year over year as inventory has rebuilt and price reductions have become common.

How much do I need to buy a home in Denver, CO?

The typical down payment on a closed transaction is near $65,878, and the resulting payment at the current national average 30-year fixed rate is roughly $3,957 per month including taxes and insurance. Low-down-payment FHA, VA, and conventional 3% options can materially reduce the cash required.

What is the housing market forecast for Denver, CO?

Our directional 12-month range is -2.2% to +1.2% on median price. Confidence is moderate; the rate path is the dominant variable.

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