Denver - CO vs Austin - TX: 2026 Housing Comparison

What this means for buyers

Denver - CO is roughly 34% more expensive than Austin - TX in typical home value. Homes sit on market longer in Austin - TX (60 days vs 30), suggesting more buyer leverage there. Denver - CO sees more listings with price cuts (36.7% vs 30.1%), a sign of softening seller expectations.

Denver vs Austin: what the numbers say

At today's 7.32% average 30-year rate with 20% down, the typical home would cost about $3,053 a month in principal and interest in Denver and $2,277 in Austin, a gap of $776 a month.

Typical rent runs $1,900 in Denver and $1,603 in Austin, so the mortgage payment alone is 1.6 times rent in Denver and 1.4 times rent in Austin, before taxes and insurance.

Home prices are 24.4 years of rent in Denver and 21.5 in Austin; the lower ratio in Austin means buying there is cheaper relative to renting.

Over the last 23 months typical values moved -4.8% in Denver and -9.8% in Austin; over just the last three months the change was +0.3% in Denver and -0.1% in Austin.

Homes sell for 98.9% of list price in Denver and 97.3% in Austin, after 30 and 60 days on the market, with price cuts on 37% and 30% of listings. The signs are mixed: Denver has more price cuts, while Austin has longer time on the market and sales further below list.

The number of homes for sale is down 1% on a year ago in Denver and down 3% on a year ago in Austin.

Payments assume a 30-year fixed loan at the Freddie Mac weekly average rate (2026-10-22), 20% down, principal and interest only. Home values, rents and market figures are Zillow Research metro data.