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Denver housing market: home prices, trends and forecast

Denver home prices: in September 2026 the Zillow Home Value Index valued a typical home in Denver, Colorado at $520,947. That figure was −1.9% compared with a year earlier and −12.3% below the $593,863 peak of June 2022.

Value of a typical home
$520,947
September 2026, Zillow ZHVI
Change over 12 months
−1.9%. Since September 2025.
Change over 10 years
+44.4%. Since September 2016.
Multiple from 2000
×3.0. Starting from $175,547.
Days on the market
58
Denver, CO metro area. Source: Realtor.com.

Denver home prices since 2000

Denver is shown by the steel line, while the United States is shown by the grey line. From January 2000 to now, a typical Denver home rose from $175,547 to $520,947, or ×2.97. The US saw ×2.99 over those same months. The boom reached its high at $247,357 in August 2006, then fell to $212,266 in August 2011, a −14.2% change.

$100k$200k$300k$400k$500k$600k200020052010201520202025Jan 2000 · $175,547$366,157$520,947Sep 2026DenverUnited States$100k$200k$300k$400k$500k$600k200020102020Jan 2000 · $176k$366k$521kSep 2026
Smoothed and seasonally adjusted values for a typical home, from the Zillow Home Value Index. Zillow Research data
January 2000 · $175,547

Denver median home price by year

Each yearly figure averages the twelve monthly values; the figure for 2026 shows the latest month.

YearDenverChange on the yearUnited States
2000$186,995$125,745
2001$214,226+14.6%$134,899
2002$228,624+6.7%$144,276
2003$231,327+1.2%$155,308
2004$235,674+1.9%$169,891
2005$241,474+2.5%$189,732
2006$245,709+1.8%$206,531
2007$244,196−0.6%$208,449
2008$231,213−5.3%$195,574
2009$223,071−3.5%$177,542
2010$224,730+0.7%$171,462
2011$214,921−4.4%$162,508
2012$220,741+2.7%$161,137
2013$247,777+12.2%$171,420
2014$274,186+10.7%$182,996
2015$316,352+15.4%$192,738
2016$354,087+11.9%$204,509
2017$384,223+8.5%$216,767
2018$412,438+7.3%$230,541
2019$429,594+4.2%$242,088
2020$451,461+5.1%$257,151
2021$509,208+12.8%$295,959
2022$574,580+12.8%$340,014
2023$561,099−2.3%$348,160
2024$558,674−0.4%$359,751
2025$539,573−3.4%$362,959
September 2026$520,947−1.9%$366,157

Current value of a Denver home bought in any year

An index-based estimate of a typical home, not an appraisal.

A year's figure averages its twelve monthly index values. The current figure shown is for September 2026. More tools include the home appreciation calculator.

Considering a sale? Compare local agents through Realtor.com. Advertising disclosure: the site may receive payment for links like this one, but it never changes a number. Disclosure.

Denver housing market forecast

For the Denver, CO metro, Zillow's forecast is −0.2% across the 12 months from September 2026. It also gives −0.2% for the next three months. With Denver's typical value at $520,947, the forecast points to a figure near $519,900 a year on.

This restates Zillow's central estimate for the metro. The site does not publish a forecast of its own. Forecasts of this kind over 12 months have typically been off by several percentage points from the realised change, in both directions. This is not investment advice.

All metro forecasts together: metro forecast table.

Denver housing market crash risk score

Very high: 84 out of 100.

Denver is ranked by the score against 292 cities, using five conditions that were high before past price falls. Against the other cities, every measure receives a value from 0 to 100, after which the five results are averaged with equal weight. It shows current conditions; it does not predict a crash.

InputValueSub-scoreWeight
Active listings vs 2019+55.1%9020%
Days on the market vs 2019+48.7%9620%
Price-to-rent ratio23.47720%
Price-to-income ratio5.66720%
12-month price change−1.9%8920%

This is not investment advice. Scoring of the inputs: methodology. All 292 cities in the ranking: crash risk by city.

Denver inventory and days on market

For September 2026 the Denver, CO metro recorded 13,365 homes for sale. Compared with a year earlier, the total was 6.7% higher; compared with the same month in 2019, it was +55.1% higher. The median time to sell a listing was 58 days, +48.7% against 2019. Of all listings, 32.1% had a price cut.

Denver, CO metro, September 2026ValueOn a year
Active listings13,365+6.7%
New listings4,198
Median days on market58−4.2%
Median list price$569,900−4.9%
Share with a price cut32.1%

Metro inventory figures come from Realtor.com® Economic Research. Realtor.com data. All metros: days on market by city.

Denver cost of living

Denver's typical asking rent is $1,855 per month, according to the Zillow Observed Rent Index, which is 0.1% higher than a year earlier. The typical home equals 23.4 years of that rent. Median household income here is $92,504 (Census ACS 2024), which puts the typical home at 5.6 times a year's income. According to BEA, metro prices stand at 105.8 compared with a US average of 100, while housing costs reach 146.9.

Rents, prices, and the salary you need to move there: Denver cost of living.

Other housing markets in Colorado

Statewide information: Colorado housing market.

How to read the chart

Each point shows the Zillow Home Value Index for Denver: what a typical home in the market's middle third was worth, smoothed and seasonally adjusted, in that month's dollars. The month selected on the slider is marked by a hollow dot, while a terracotta dot shows the latest month. These figures do not account for inflation. The index tracks the typical home rather than one specific house. Use the card above or the home appreciation calculator to work out one home's value using its own sale price.