Is Denver, CO 80231 a buyer’s or seller’s market?

The Denver housing market right now

In the three months ending August 31, 2026, 14% of homes in Denver, CO 80231 sold above their list price, the typical home went under contract in 44 days and there were 5.3 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 83 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 8%, homes sold more slowly (35 days then) and the median sale price rose 4% to $389,831. Overall, Denver is about as competitive as it was a year ago.

Within Denver County, homes here sell more slowly than in 84% of the county’s ZIP codes, and sell less often over asking than in 56%. On our competition score, Denver ranks #138 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) 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.