GemHausNew report

Denver, CO 80206 Real Estate Market Report

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


Executive Overview

As of February 2026, the real estate market in Denver, CO (ZIP: 80206) is characterized by a median sold price of $1,037,250, reflecting a stable market despite a down trend in prices year-over-year. This indicates a shift towards a more balanced environment where properties are selling at prices that align more closely with current market conditions rather than previous highs. The market's liquidity appears to be moderate, with a notable 222 days on market for sold properties, suggesting slower sales velocity and a potential adjustment period for both buyers and sellers.

The inventory landscape shows elevated levels of supply relative to sales activity, which may indicate a cooling off from the previous rapid appreciation phase. While the median listing price stands at $1,337,500, the gap between listing and sold prices suggests some pricing friction, as sellers may need to recalibrate expectations to align with buyer sentiment. Overall, the market sentiment remains neutral, with modest potential for appreciation as we approach the late spring months.


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
Last 90 Days
Total Properties Analyzed
147
Active Listings
86
Sold Properties
61

Market Metrics

Median Listing Price
$1,337,500
Median Sold Price
$1,037,250
Median Price per Sqft
$486/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
222
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
down
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Denver CO 80206 market at approximately 6.17% are 1.52% lower than the 2026 historical average of 7.70%.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The median sold price is $1,037,250, indicating a stable market despite a down trend in prices year-over-year.

  2. Properties are experiencing a median days on market of 222, reflecting slower sales velocity and potentially indicating a need for price adjustments.

  3. The median listing price of $1,337,500 shows a significant gap compared to the sold price, suggesting pricing friction in the market.

  4. Inventory levels are elevated, with excess supply relative to sales activity, indicating a shift towards a more balanced market.

  5. Market temperature remains neutral, suggesting stability with modest potential for appreciation as the season progresses.


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

Last 90 Days
274 Vine St, Denver, CO 80206
Top Sale

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

4 beds
5 baths
5,648 sqft
$4,250,000
Dec 1, 2025
$752/sqft/sqft
113 days on market
318 Adams St, Denver, CO 80206
Premium

Sold above market average

2 beds
3 baths
5,016 sqft
$4,052,000
Dec 1, 2025
$808/sqft/sqft
58 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
2,574 sqft
$1,092,000
Feb 1, 2026
$424/sqft/sqft
14 days on market
1100 Elizabeth St, Denver, CO 80206
Market Benchmark

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

2 beds
3 baths
2,155 sqft
$1,010,000
Dec 1, 2025
$469/sqft/sqft
917 Cook St, Denver, CO 80206
Market Benchmark

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

2 beds
2 baths
2,535 sqft
$1,000,000
Jan 1, 2026
$394/sqft/sqft
70 days on market
33 Garfield St, Denver, CO 80206
Market Benchmark

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

4 beds
4 baths
3,692 sqft
$1,000,000
Dec 1, 2025
$271/sqft/sqft
380 days on market
1065 Colorado Blvd, Denver, CO 80206
Quick Flip

Below-market acquisition. Investor purchase with value-add potential through renovation.

4 beds
2 baths
2,242 sqft
$823,000
Feb 1, 2026
$367/sqft/sqft
13 days on market
1161 Elizabeth St, Denver, CO 80206
Premium

Sold above market average

2 beds
1 baths
772 sqft
$450,000
Feb 1, 2026
$583/sqft/sqft
90 days on market

Data Sources

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

Report generated: 2/19/2026

GemHaus

Get personalized market intelligence

View property-level details in Denver, CO get valuations, rent estimates, operating costs, and pro-forma insights.

Nearby Market Reports