Is Denver, CO 80232 a buyer’s or seller’s market?

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

Denver is a seller’s market. With about 2.4 months of supply and 20% 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.

Competition score62/ 100

More competitive than 64% of U.S. ZIP codes, and #20 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 supply2.4Under 4 months = seller’s market
Sold above original list19.6%Share of sales, last 3 months
Median sale-to-list99%Sold price ÷ list price
Median days on market16Listing to accepted offer
Median price per sq ft$251▼ −6.3% vs. last year

The Denver housing market right now

In the three months ending August 31, 2026, 20% of homes in Denver, CO 80232 sold above their list price, the typical home went under contract in 16 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 95 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 24%, homes sold about as fast and the median sale price rose 6% to $517,276. Overall, Denver is less competitive than a year ago, which gives buyers more room.

Within Jefferson County, homes here sell faster than in 79% of the county’s ZIP codes, and sell less often over asking than in 54%. On our competition score, Denver ranks #20 of 239 CO ZIP codes with enough sales (score 62 out of 100).

Nearby, buyers who want less competition could look at Indian Hills 80454 (0% sold over asking) or Idledale 80453 (0% sold over asking), while Denver 80215 (28% sold over asking) and Littleton 80127 (27% sold over asking) are even more competitive.

Nearby markets

Arvada 80002Seller’s market $322 /sq ftArvada 80003Seller’s market $265 /sq ftArvada 80004Seller’s market $268 /sq ftArvada 80005Seller’s market $255 /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 seller’s market: there were 2.4 months of supply in Denver, CO 80232 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 16 days in the latest three months.

Do homes in Denver sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.

What are property taxes in Denver?

About 0.48% of a home’s value a year in Jefferson County, or roughly $1,920 on a $400,000 home.

What is the median home price in Denver?

The median sale price was $517,276 in the three months ending August 31, 2026, about $251 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