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Denver, CO 80249 Real Estate Market Report

ZIP Code: 80249
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only


Executive Overview

The Denver, CO (ZIP: 80249) market is currently experiencing a median sold price of $460,000, reflecting a stable environment with slight downward price pressure. This indicates a shift from previously overheated conditions towards a more balanced market phase. The neighborhood has decreased 8% since 2022, suggesting a cooling trend in property values.

Transaction activity is characterized by elevated inventory levels, which may indicate excess supply relative to sales. The median days on market stands at 184, signaling slower sales velocity and a market that is adjusting to current buyer expectations. Despite these conditions, underlying job growth suggests steady demand, and buyer activity is beginning to show early signs of acceleration as we approach spring.


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
Last 90 Days
Total Properties Analyzed
183
Active Listings
100
Sold Properties
83

Market Metrics

Median Listing Price
$471,000
Median Sold Price
$460,000
Median Price per Sqft
$269/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
$3,110
Rent Range
$2,360 - $3,500

Property Taxes

Property Tax Rate
0.48%

Liquidity & Velocity

Median Days on Market
184
Sale-to-List Ratio
100.0%

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
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates for Denver CO 80249 area owners average around 6.09% as of mid-February 2026, which is 0.78% lower than the 6.87% average from one year ago.

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


Key Findings

  1. $460,000 is the current median sold price, indicating a shift towards a more balanced market phase.

  2. The median days on market is 184, reflecting slower sales velocity and potential pricing friction.

  3. Market conditions are characterized by elevated inventory levels, suggesting excess supply relative to sales activity.

  4. The median market rent is $3,110, which may influence buyer decisions in the rental market.

  5. Interest rate pressure remains elevated, with current 30-year fixed mortgage rates averaging 6.09%, which is 0.78% lower than the previous year.


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

Last 90 Days
3871 N Himalaya Rd Unit 3, Denver, CO 80249
Top Sale

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

3 beds
2 baths
1,642 sqft
$3,315,000
Dec 1, 2025
$2,019/sqft/sqft
608 days on market
20858 E 49th Dr, Denver, CO 80249
Market Benchmark

Sold at market average

5 beds
3 baths
4,405 sqft
$1,100,000
Dec 1, 2025
$250/sqft/sqft
146 days on market
5128 Lisbon Way, Denver, CO 80249
Quick Flip

Sold below market average

3 beds
4 baths
3,273 sqft
$750,000
Jan 1, 2026
$229/sqft/sqft
98 days on market
5138 Orleans Ct, Denver, CO 80249
Market Benchmark

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

4 beds
2 baths
2,564 sqft
$510,000
Jan 1, 2026
$199/sqft/sqft
20 days on market
4541 Ensenada St, Denver, CO 80249
Market Benchmark

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

3 beds
2 baths
1,088 sqft
$458,000
Jan 1, 2026
$421/sqft/sqft
69 days on market
4894 Gibraltar St, Denver, CO 80249
Market Benchmark

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

3 beds
2 baths
1,600 sqft
$455,900
Dec 1, 2025
$285/sqft/sqft
179 days on market
18869 E 52nd Ave, Denver, CO 80249
Market Benchmark

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

3 beds
2 baths
1,524 sqft
$455,000
Jan 1, 2026
$299/sqft/sqft
77 days on market
4709 Orleans St, Denver, CO 80249
Premium

Sold above market average

2 beds
1 baths
1,012 sqft
$349,000
Dec 1, 2025
$345/sqft/sqft
203 days on market

Data Sources

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

Report generated: 2/19/2026

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