Is Denver, CO 80216 a buyer’s or seller’s market?

The Denver housing market right now

In the three months ending August 31, 2026, 28% of homes in Denver, CO 80216 sold above their list price, the typical home went under contract in 47 days and there were 4.7 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 30 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 18%, homes sold more slowly (34 days then) and the median sale price rose 6% to $358,845. Overall, Denver is more competitive than a year ago, so tougher for buyers.

Within Denver County, homes here sell more slowly than in 88% of the county’s ZIP codes, and sell more often over asking than in 96%. On our competition score, Denver ranks #59 of 239 CO ZIP codes with enough sales (score 52 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) is even more competitive.