Denver, CO 80221 Real Estate Market Report

ZIP Code: 80221
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

The Denver, CO 80221 market is currently characterized by a median sold price of $448,000, reflecting a stabilizing trend after recent price declines. This price point suggests a market that has decreased 8% since 2022, indicating a shift in buyer sentiment and market dynamics. The median listing price stands at $537,000, which may highlight a pricing friction as sellers adjust expectations in response to current market realities.

Transaction activity appears moderate, with median days on market at 162, suggesting slower sales velocity amidst elevated inventory levels. The current market temperature is classified as neutral, indicating a balance between buyer and seller activity, although elevated interest rate pressure continues to constrain affordability for potential buyers. As we approach spring, early signs of buyer activity may signal a potential uptick in market engagement, but the overall landscape remains cautious due to external economic factors.

---

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.

---

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.

---

Rental Market

---

Property Taxes

---

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.

---

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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Denver, CO 80221 area average around 6.09% as of mid-February 2026, which is 0.78% lower than the 6.87% average from one year prior.

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 of $448,000 indicates a market that has decreased 8% since 2022.

2. With a median listing price of $537,000, there is a notable pricing gap that may create friction in negotiations.

3. The median days on market of 162 suggests a slower sales velocity compared to historical norms.

4. Current interest rates are elevated, with a 30-year fixed mortgage averaging around 6.09%, which may contribute to affordability challenges for buyers.

5. The market temperature remains neutral, indicating a balance between supply and demand despite elevated inventory levels.

---

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.