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Denver, CO 80206 Real Estate Market Report

ZIP Code: 80206
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only


Executive Overview

As of April 2026, the real estate market in Denver (80206) is characterized by a median sold price of $1,025,000, reflecting a stable market environment with modest price appreciation. This price indicates a shift away from pandemic-era highs, suggesting a more balanced market dynamic. The neighborhood has increased 15% since 2023, highlighting a positive trend in property values despite recent fluctuations in buyer activity.

The market temperature is currently neutral, with 287 days as the median days on market, indicating slower sales velocity and a potential for pricing friction. Elevated inventory levels are present, providing buyers with more options and leverage in negotiations. The median listing price stands at $1,297,500, which may suggest a gap between seller expectations and market realities, particularly given the current sales activity. Overall, the market appears to be stabilizing, with moderate transaction volume and a balanced supply-demand relationship.


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.

Analysis Window
90 Days
Total Properties Analyzed
106
Active Listings
61
Sold Properties
45

Market Metrics

Median Listing Price
$1,297,500
Median Sold Price
$1,025,000
Median Price per Sqft
$610/sqft

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.


Rental Market

Median Market Rent
$2,640
Rent Range
$1,660 - $2,960

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.


Property Taxes

Property Tax Rate
0.48%

Liquidity & Velocity

Median Days on Market
287
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
moderate

Key Findings

  1. The median sold price of $1,025,000 reflects a stable market with modest appreciation since 2023.

  2. With 287 days as the median days on market, the market is experiencing slower sales velocity and potential pricing friction.

  3. The median listing price of $1,297,500 indicates a gap between seller expectations and current market realities.

  4. Elevated inventory levels suggest more buyer leverage in negotiations, contributing to a balanced market.

  5. The median market rent of $2,640 remains stable, supporting moderate rental demand as potential buyers are priced out of homeownership.


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.

Recent Transactions

140 Race St, Denver, CO 80206
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds
3 baths
3,634 sqft
$4,500,000
Jan 1, 2026
$1,238/sqft/sqft
355 days on market
420 Monroe St, Denver, CO 80206
Premium

Sold above market average

2 beds
3 baths
2,645 sqft
$2,650,000
Jan 1, 2026
$1,002/sqft/sqft
75 days on market
1257 Fillmore St, Denver, CO 80206
Market Benchmark

Sold at market average

4 beds
3 baths
3,728 sqft
$2,300,000
Jan 1, 2026
$617/sqft/sqft
70 days on market
776 Monroe St, Denver, CO 80206
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
1,793 sqft
$950,000
Feb 1, 2026
$530/sqft/sqft
224 days on market
1718 Gaylord St, Denver, CO 80206
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

- beds
- baths
3,474 sqft
$950,000
Jan 1, 2026
$273/sqft/sqft
34 days on market
1557 Fillmore St, Denver, CO 80206
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
3 baths
1,820 sqft
$950,000
Jan 1, 2026
$522/sqft/sqft
62 days on market
445 Madison St, Denver, CO 80206
Quick Flip

Sold below market average

4 beds
4 baths
4,248 sqft
$265,940
Mar 1, 2026
$63/sqft/sqft
411 Madison St, Denver, CO 80206
Quick Flip

Sold below market average

2 beds
4 baths
2,802 sqft
$124,390
Feb 1, 2026
$44/sqft/sqft

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 4/1/2026

GemHaus

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