Phoenix - AZ vs Denver - CO: 2026 Housing Comparison

Side-by-side housing data for Phoenix - AZ, AZ and Denver - CO, CO - typical home value, year-over-year change, median list price, days on market, and share of listings with a price cut. Refreshed from Zillow Research public CSVs.

Metric
Phoenix - AZ
Denver - CO
Typical home value (ZHVI)
$448,933
$575,130
Year-over-year change
-1.8%
-3.1%
Median list price
$491,667
$575,650
Days on market (median)
28 days
14 days
% of listings with price cut
33.8%
28.0%

What this means for buyers

Denver - CO is roughly 28% more expensive than Phoenix - AZ in typical home value. Homes sit on market longer in Phoenix - AZ (28 days vs 14), suggesting more buyer leverage there. Phoenix - AZ sees more listings with price cuts (33.8% vs 28.0%), a sign of softening seller expectations.

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