What is the typical home value in Denver - CO?

The typical home in Denver - CO, CO is worth $572,682 as of the most recent Zillow Home Value Index reading. Year over year the value has changed by -2.7%.

How long do homes stay on the market in Denver - CO?

The median days to pending (time on market before a sale) in Denver - CO is currently 16 days. Shorter days on market indicate a seller's market; longer days indicate more buyer leverage.

Are sellers cutting prices in Denver - CO?

33.5% of active listings in Denver - CO have had a price reduction. This is a signal of softening seller expectations relative to buyer demand.

Is Denver - CO a buyer's or seller's market?

Based on days-on-market, price-cut share, and year-over-year appreciation, Denver - CO is currently a balanced market. Buyers should watch days-on-market and price-cut trends monthly.

Denver - CO Housing Market | Home Values & Trends

How to read this data

The typical home value ($572,682) is the Zillow Home Value Index for the Denver - CO metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 2.7% over the past year. A home worth $588,573 last year is now worth roughly $572,682.

The median sale price , what homes actually close for , is $584,394. Homes are selling at 99.3% of list price, meaning buyers have room to negotiate.

Homes listed in Denver - CO sit on the market for roughly 16 days before going pending. Shorter = seller's market; longer = buyer's market.

About 33.5% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 5,162 new listings hit the market each month in Denver - CO. There are currently 15,080 homes for sale, down 5.0% from a year ago.

The typical monthly rent in Denver - CO is $1,930, down 1.5% year over year. For investors, the price-to-rent ratio here is roughly 25x annual rent.