Denver, CO 80249 Real Estate Market Report
ZIP Code: 80249
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
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 Denver CO 80249 are 6.69% compared to 5.99% for typical loans originated in January 2026.
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 indicator of market value and recent transactions is median sold price: 458,000, which points to a slight downward pricing trajectory when considered alongside other trend signals; down price year-over-year trend suggests recent softening in realized sale values.
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The gap between median listing price: 467,450 and the median sold price appears to reflect seller expectations above recent transaction levels, which may contribute to pricing friction and slower negotiation outcomes.
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Market liquidity shows slower velocity: median days on market: 235 is notably long and, combined with elevated inventory relative to sales activity, may indicate weaker short-term demand and extended marketing timelines for SFR and condominium listings.
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Financing and rent context is a headwind: median market rent: 2,775 is tracking downward, and interest rate pressure is listed as elevated — with current 30-year fixed mortgage rates at 6.69% compared to 5.99% for typical January 2026 originations — which may suppress buyer affordability and sustain buyer-leaning conditions.
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 at 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
Denver, CO 80249 Real Estate Market Report
ZIP Code: 80249
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
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 Denver CO 80249 are 6.69% compared to 5.99% for typical loans originated in January 2026.
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 median sold price is 335,000, which serves as the primary indicator of neighborhood value and reflects recent transaction activity; compared with the median listing price of 350,000, this gap suggests pricing friction between seller expectations and realized sale outcomes and may indicate modest seller concessions.
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Sales velocity is slow: the median days on market is 308, which points to slower transaction volume and prolonged marketing times that may lengthen closing timelines for sellers and create negotiation leverage for buyers.
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Inventory conditions in the analyzed sample point to relatively constrained active supply versus recent sales, which suggests limited available representative inventory in the short term and moderate pricing sensitivity when new listings arrive.
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Market-level pressures include a price year-over-year trend of down and rent year-over-year trend of down, combined with elevated interest rate pressure noted as elevated (current mortgage comparison: 6.69% vs 5.99%), which together constrain affordability and may continue to suppress near-term price gains while stabilizing demand at lower 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.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
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.
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, 0.8% 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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