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Denver, CO 80221 Real Estate Market Report

ZIP Code: 80221
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


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
208
Active Listings
105
Sold Properties
103

Market Metrics

Median Listing Price
$549,900
Median Sold Price
$449,000
Median Price per Sqft
$379/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
$2,350

Property Taxes

Property Tax Rate
0.38%

Liquidity & Velocity

Median Days on Market
203
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
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates for properties in the 80221 area are averaging approximately 6.4%, reflecting a stable but elevated interest rate environment for homeowners in this market.

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


Key Findings

  1. The primary market signal is the median sold price $449,000, which represents the neighborhood's recent transaction-level value and suggests realized pricing is below current asking levels; down year-over-year pricing pressure supports caution when pricing inventory.

  2. The median days on market 203 points to materially slower sales velocity and may indicate softening liquidity, suggesting sellers should expect longer marketing periods and buyers have more time to negotiate.

  3. There is a meaningful spread between the median listing price $549,900 and the median sold price, which appears to create pricing friction between seller expectations and transaction outcomes—price adjustments or incentive strategies may be required to accelerate closings.

  4. Financing and cost-of-holding considerations are relevant: reported area mortgage conditions show 30-year fixed rates ~6.4%, and combined with a median market rent $2,350 and median price per square foot $379, investors and owner-occupiers should model higher carrying costs; moderate interest rate pressure may temper immediacy of buyer demand.


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

4966 Knox Ct, Denver, CO 80221
Top Sale

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

4 beds
3 baths
3,349 sqft
$1,379,000
Apr 1, 2026
$412/sqft/sqft
302 days on market
5711 Hooker St, Denver, CO 80221
Premium

Sold above market average

2 beds
1 baths
600 sqft
$1,375,000
Apr 1, 2026
$2,292/sqft/sqft
1051 days on market
2388 W 67th Dr, Denver, CO 80221
Market Benchmark

Sold at market average

4 beds
3.5 baths
2,216 sqft
$875,000
Mar 1, 2026
$395/sqft/sqft
6668 Osage St, Denver, CO 80221
Market Benchmark

Quick sale indicating strong buyer demand and competitive market conditions.

4 beds
3.5 baths
2,029 sqft
$755,000
Apr 1, 2026
$372/sqft/sqft
23 days on market
1870 W 51st Ave, Denver, CO 80221
Market Benchmark

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

4 beds
2 baths
1,448 sqft
$495,000
Feb 1, 2026
$342/sqft/sqft
1205 days on market
7070 Warren Dr, Denver, CO 80221
Market Benchmark

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

2 beds
2 baths
850 sqft
$495,000
Apr 1, 2026
$582/sqft/sqft
231 days on market
4809 Tejon St, Denver, CO 80221
Market Benchmark

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

2 beds
2 baths
1,230 sqft
$490,000
Mar 1, 2026
$398/sqft/sqft
820 Bronco Rd, Denver, CO 80221
Value

Sold below market average

3 beds
2 baths
984 sqft
$165,000
Mar 1, 2026
$168/sqft/sqft
71 days on market

Denver, CO 80221 Real Estate Market Report

ZIP Code: 80221
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.


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
108
Active Listings
5
Sold Properties
103

Market Metrics

Median Listing Price
$362,000
Median Sold Price
$197,250
Median Price per Sqft
$260/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
$1,680

Property Taxes

Property Tax Rate
0.73%

Liquidity & Velocity

Median Days on Market
274
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
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates for properties in the 80221 area are averaging approximately 6.4%, reflecting a stable but elevated interest rate environment for homeowners in this market.

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


Key Findings

  1. The neighborhood's primary market signal is the median sold price: 197,250, which indicates recent transaction-level value and should be used as the baseline for valuation conversations rather than asking prices; price YoY trend is down, signaling downward pressure on sale prices.

  2. There is a notable spread between the median listing price: 362,000 and the median sold price: 197,250, which may indicate pricing friction with seller expectations above recent transaction outcomes; this dynamic appears alongside neutral market temperature, suggesting balanced but softening conditions.

  3. Liquidity signals point to slower sales velocity: the median days on market: 274 is long relative to typical SFR/condo turnover and suggests sellers may need more time or price adjustment to close; combined with moderate interest rate pressure, time-on-market risk is elevated.

  4. Market unit economics show a median price per square foot: 260 and a median market rent: 1,680, which provides context for pricing and rent comparables; financing headwinds persist as current 30-year fixed mortgage rates for the area are averaging approximately 6.4%, which may temper buyer purchasing power and transactional pace.


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

1095 W 69th Ave, Denver, CO 80221
Top Sale

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

3 beds
2.5 baths
1,440 sqft
$412,000
Dec 1, 2025
$286/sqft/sqft
358 days on market
5335 Pecos Way Unit 4, Denver, CO 80221
Premium

Sold above market average

2 beds
2 baths
936 sqft
$305,000
Feb 1, 2026
$326/sqft/sqft
113 days on market
6905 Mariposa St Apt C, Denver, CO 80221
Market Benchmark

Sold at market average

2 beds
1.5 baths
924 sqft
$243,000
Dec 1, 2025
$263/sqft/sqft
414 days on market
8330 Zuni St Apt 215, Denver, CO 80221
Market Benchmark

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

2 beds
1 baths
800 sqft
$194,900
Dec 1, 2025
$244/sqft/sqft
252 days on market
8330 Zuni St Apt 214, Denver, CO 80221
Market Benchmark

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

2 beds
1 baths
800 sqft
$192,000
Feb 1, 2026
$240/sqft/sqft
362 days on market
6905 Mariposa St Apt B, Denver, CO 80221
Market Benchmark

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

2 beds
1.5 baths
924 sqft
$180,000
Jan 1, 2026
$195/sqft/sqft
296 days on market
8330 Zuni St Apt 105, Denver, CO 80221
Value

Sold below market average

2 beds
1 baths
800 sqft
$155,000
Mar 1, 2026
$194/sqft/sqft
66 days on market
8330 Zuni St Apt 101, Denver, CO 80221
Value

Sold below market average

2 beds
1 baths
825 sqft
$125,000
Dec 1, 2025
$152/sqft/sqft
244 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$148/mo
80221 Avg Rent
80221 Cost to Own
Rent$2,350
Own$2,498

20% down, 6.3% rate, 0.4% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

80221 Avg nightly rate
80221 Avg occupancy (days/year)
Nightly rate$191/night
Occupancy156 of 365 days

Data Sources

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

Report generated: 5/1/2026

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