Is Denver, CO 80203 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Denver is a buyer’s market. With about 8.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score28/ 100

More competitive than 24% of U.S. ZIP codes, and #167 of 239 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply8.6Under 4 months = seller’s market
Sold above original list12.5%Share of sales, last 3 months
Median sale-to-list98.6%Sold price ÷ list price
Median days on market51Listing to accepted offer
Median price per sq ft$361▼ −5.5% vs. last year

The Denver housing market right now

In the three months ending August 31, 2026, 13% of homes in Denver, CO 80203 sold above their list price, the typical home went under contract in 51 days and there were 8.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 49 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (11% then), homes sold faster (58 days then) and the median sale price fell 11% to $349,849. Overall, Denver is more competitive than a year ago, so tougher for buyers.

Within Denver County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell less often over asking than in 64%. On our competition score, Denver ranks #167 of 239 CO ZIP codes with enough sales (score 28 out of 100).

Nearby, buyers who want less competition could look at Denver 80202 (2% sold over asking) or Denver 80247 (8% sold over asking), while Denver 80239 (30% sold over asking) and Denver 80216 (28% sold over asking) are even more competitive.

Nearby markets

Denver 80202Buyer’s market $467 /sq ftDenver 80204Buyer’s market $401 /sq ftDenver 80205Buyer’s market $391 /sq ftDenver 80206Seller’s market $427 /sq ft Browse all markets →

Where Denver is

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Questions about Denver real estate

Is Denver a buyer’s or seller’s market?

A buyer’s market: there were 8.6 months of supply in Denver, CO 80203 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Denver?

The typical home went under contract in 51 days in the latest three months.

Do homes in Denver sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.

What are property taxes in Denver?

About 0.45% of a home’s value a year in Denver County, or roughly $1,800 on a $400,000 home.

What is the median home price in Denver?

The median sale price was $349,849 in the three months ending August 31, 2026, about $361 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology