Is Denver, CO 80220 a buyer’s or seller’s market?
Denver is a seller’s market. With about 3.2 months of supply and 9% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 33% of U.S. ZIP codes, and #136 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
The Denver housing market right now
In the three months ending August 31, 2026, 9% of homes in Denver, CO 80220 sold above their list price, the typical home went under contract in 39 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 171 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 19%, homes sold more slowly (28 days then) and the median sale price rose 16% to $719,689. Overall, Denver is less competitive than a year ago, which gives buyers more room.
Within Denver County, homes here sell more slowly than in 76% of the county’s ZIP codes, and sell less often over asking than in 84%. On our competition score, Denver ranks #136 of 239 CO ZIP codes with enough sales (score 35 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.
Run the numbers for 80220
Nearby markets
Denver 80202Buyer’s market $467 /sq ftDenver 80203Buyer’s market $361 /sq ftDenver 80204Buyer’s market $401 /sq ftDenver 80205Buyer’s market $391 /sq ft Browse all markets →Towns like Denver nearby
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Questions about Denver real estate
Is Denver a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Denver, CO 80220 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 39 days in the latest three months.
Do homes in Denver sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 97.8% 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 $719,689 in the three months ending August 31, 2026, about $382 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