Denver, CO 80249 Real Estate Market Report

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

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

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 indicator is the median sold price of 438,500, which establishes recent transaction value and suggests that current selling outcomes anchor valuation expectations in June 2026; price momentum is up year-over-year, supporting modest appreciation.
2. There is a noticeable gap between the median listing price of 489,500 and the median sold price, which may indicate pricing friction where seller expectations exceed realized sale prices and requires realistic pricing to achieve transactions.
3. Slower turnover is evident given the median days on market of 208, which points to reduced sales velocity and suggests that buyers are taking more time to transact; this aligns with a neutral market temperature and implies a more balanced buyer-seller dynamic.
4. Market fundamentals show a median price per square foot of 264 and a median market rent of 2,815, while interest rate pressure is elevated—Current 30-year fixed mortgage rates in Denver, CO, are averaging approximately 6.7% as of June 2026—which together suggest financing costs are a headwind even as rents and prices trend up; elevated interest rate pressure may moderate purchase 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.