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.
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 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
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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.
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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.
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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.
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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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold at market average
Quick sale indicating strong buyer demand and competitive market conditions.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
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.
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 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
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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.
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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.
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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.
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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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold at market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.3% rate, 0.4% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 5/1/2026
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