Denver, CO 80205 Real Estate Market Report

ZIP Code: 80205
Report Date: April 2026
Market Temperature: COLD
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the Denver housing market is characterized by a median sold price of $617,000, reflecting a recalibration towards a more balanced environment. This figure indicates a shift in market dynamics, as the neighborhood has decreased 8% since 2022, suggesting a cooling trend in buyer demand and overall market activity. The median listing price stands at $675,000, which highlights a notable gap between seller expectations and actual transaction values, potentially leading to pricing friction in negotiations.

Market velocity appears to be slower, with properties spending a median of 236 days on market. This extended timeframe indicates a shift towards elevated inventory levels, with 91 active listings analyzed against 200 sold properties. Such conditions suggest an excess supply relative to sales activity, favoring buyers as they navigate a market that is currently classified as cold. Overall, while some localized price declines are evident, the broader trend points towards stabilization with modest appreciation expected in the future.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

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Key Findings

1. The median sold price of $617,000 reflects a significant gap from the median listing price of $675,000, indicating potential pricing friction in negotiations.

2. With a median of 236 days on market, properties are experiencing slower sales velocity, suggesting a cooling market environment.

3. The market is currently classified as cold, indicating weaker buyer demand and a shift towards a more balanced market.

4. Elevated inventory levels are present, as the number of active listings exceeds the number of sold properties, suggesting excess supply relative to sales activity.

5. The median market rent is $1,856, which may influence buyer decisions as rental prices also reflect a down trend year-over-year.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.