Denver, CO 80209 Real Estate Market Report

ZIP Code: 80209
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Denver, CO (80209) is currently characterized by a median sold price of $1,199,500, reflecting a stable market environment. This price point indicates a shift towards modest price appreciation rather than the rapid growth seen in previous years. The market has maintained a neutral temperature, suggesting that buyer and seller activity is balanced, although the median days on market has extended to 227 days, indicating slower sales velocity and a potential adjustment in buyer expectations.

With elevated inventory levels relative to sales activity, the market appears to be transitioning to a more balanced state. The median listing price stands at $1,333,000, which may indicate pricing friction as sellers adjust to the current market dynamics. Additionally, the rental market is experiencing an upward trend, with a median market rent of $2,330, supported by steady in-migration and limited new construction, which may contribute to sustained demand for rental properties.

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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

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.

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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.

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Key Findings

1. The median sold price of $1,199,500 indicates a stable market with modest price appreciation.

2. With median days on market at 227, the market is experiencing slower sales velocity, suggesting potential adjustments in buyer expectations.

3. The median listing price of $1,333,000 reflects pricing friction as sellers adapt to the current market conditions.

4. Elevated inventory levels suggest excess supply relative to sales activity, contributing to a more balanced market environment.

5. The rental market is strengthening, with a median market rent of $2,330, indicating growing demand supported by steady in-migration.

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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.