Denver, CO 80231 Real Estate Market Report

ZIP Code: 80231
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the median sold price in Denver, CO (ZIP: 80231) stands at $535,000, reflecting a stable market with modest price appreciation. The neighborhood has increased 15% since 2023, indicating a resilient demand despite recent fluctuations. The market is characterized by elevated inventory levels relative to sales activity, suggesting a shift towards a more balanced environment that may favor buyers in the near term.

The median days on market is notably high at 286 days, indicating slower sales velocity and potential pricing friction. This extended duration may suggest that sellers need to adjust their expectations to align with current market realities. Overall, the market temperature is neutral, with moderate interest rate pressure impacting buyer sentiment and liquidity, contributing to a cautious but stable atmosphere for prospective buyers and sellers alike.

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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

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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 $535,000 indicates a stable market with recent price appreciation.

2. With 286 days on market, properties are experiencing slower sales velocity, suggesting potential adjustments in pricing strategies.

3. The median listing price of $529,000 reflects seller expectations that may need alignment with buyer sentiment in a neutral market.

4. The median market rent is $2,449, which may influence buyer decisions as rental trends show a down trend year-over-year.

5. Overall, the market is experiencing moderate interest rate pressure, contributing to a balanced yet cautious market environment.

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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.