Denver, CO metro area Housing Market

Cold Market

Comprehensive housing market data for the Denver, CO metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$565K

1.7% YoY

Days on Market

69 days

19.0% YoY

Active Inventory

8,296

1.9% YoY

Homes Sold

2,045

14.9% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Denver, CO metro area Market Summary

The Denver, CO metro area housing market is cooling down. As of January 2026, the median home sale price is $565K, down 1.7% year-over-year. Homes are spending a median of 69 days on the market, 19.0% longer than a year ago.

There are 8,296 homes for sale — 1.9% more than last year. With 4.1 months of supply, this is a balanced market. 4,163 new listings were added during this period, down 0.5% year-over-year.

Homes are selling for 97.9% of their list price on average, suggesting room for negotiation. 17.0% of homes sell above their asking price. 32.4% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

78

Contributing Factors

Months of Supply 4.1
Days on Market 69
Price Drops 32.4%
Sale-to-List Ratio 97.9%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 33.6%
Days on Market (National: 66) 4.5%
Inventory (National: 1,210,379) 99.3%

vs. Colorado Median

Median Price (Colorado: $592K) 4.6%
Days on Market (Colorado: 80) 13.8%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 34% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.

Denver, CO metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$575K

Price per Sq Ft

$264

Sale-to-List Ratio

97.9%

Months of Supply

4.1

Sold Above List

17.0%

Price Drops

32.4%

New Listings

4,163

0.5% YoY

Pending Sales

3,249

Off Market in 2 Weeks

32.7%

Analyze a deal in Denver, CO metro area

Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.

Try It Free

Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.