Is Denver, CO 80218 a buyer’s or seller’s market?

The Denver housing market right now

In the three months ending August 31, 2026, 9% of homes in Denver, CO 80218 sold above their list price, the typical home went under contract in 34 days and there were 5.7 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 67 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (8% then), homes sold faster (50 days then) and the median sale price fell 10% to $523,773. Overall, Denver is more competitive than a year ago, so tougher for buyers.

Within Denver County, homes here sell more slowly than in 64% of the county’s ZIP codes, and sell less often over asking than in 80%. On our competition score, Denver ranks #156 of 239 CO ZIP codes with enough sales (score 32 out of 100).

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