Is Denver, CO 80246 a buyer’s or seller’s market?
Denver is a buyer’s market. With about 12.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 54% of U.S. ZIP codes, and #80 of 248 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 July 31, 2026. See the breakdown
The Denver housing market right now
In the three months ending August 31, 2026, 17% of homes in Denver, CO 80246 sold above their list price, the typical home went under contract in 20 days and there were 12.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold faster (35 days then) and the median sale price rose 10% to $654,717. Overall, Denver is more competitive than a year ago, so tougher for buyers.
Within Denver County, homes here sell faster than in 80% of the county’s ZIP codes, and sell more often over asking than in 60%.
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.
Run the numbers for 80246
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
Find towns like Denver in other states →Where Denver is
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Questions about Denver real estate
Is Denver a buyer’s or seller’s market?
A buyer’s market: there were 12.3 months of supply in Denver, CO 80246 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 20 days in the latest three months.
Do homes in Denver sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 98.5% 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 $654,717 in the three months ending August 31, 2026, about $405 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