ZIP 80016 Housing Market Report
Denver Metro
Report period: May 2026
80016 Monthly Market Update – May 2026
ZIP 80016 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$765,000
+1.3%
Median DOM (Sales)
29
+7.4%
New Listings (Sales)
63
−59.4%
Median Rent
$3,000
+3.4%
Median DOM (Rental)
9
0.0%
Total Rental Listings
88
+6.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (24 DOM)
- Fastest renting: Townhouse (1 DOM)
- Strongest bedroom: 7 Beds ($1,325,000 median)
Sales Market Overview
Median Price
$765,000
+1.3%
Median DOM
29
+7.4%
New Listings
63
−59.4%
Inventory
505
+2.6%
- Average Price: $835,986
- Median Price: $765,000
- Price Range: $250,000 – $9,998,000
- Price per Sq Ft (Avg/Median): $235 / $210
- Square Footage (Avg/Median): 3,679 / 3,693
- Square Footage Range: 862 – 14,201
- Days on Market (Avg/Median): 47 / 29
- Days on Market Range: 1 – 365
- New Listings: 63
- Total Listings: 505
Sales by Property Type
Condo
Avg/Median Price$349,235 / $340,000Range$279,900 – $480,000Price per Sq Ft$283 / $281Sq Ft1,287 / 1,230DOM98 / 59New2Total41
Land
Avg/Median Price$1,933,271 / $725,000Range$250,000 – $9,998,000Price per Sq Ft—Sq Ft—DOM38 / 25New2Total7
Single Family
Avg/Median Price$903,783 / $825,000Range$390,000 – $5,760,000Price per Sq Ft$229 / $206Sq Ft4,080 / 4,112DOM42 / 24New57Total410
Townhouse
Avg/Median Price$505,749 / $494,500Range$394,990 – $724,999Price per Sq Ft$244 / $212Sq Ft2,211 / 2,366DOM55 / 49New2Total47
Sales by Bedroom Count
Studio
Avg:$340,000Median:$340,000Range:$340,000 – $340,000PSF:—Sq Ft:—DOM:341 / 341New:0Total:1
2 Beds
Avg:$469,397Median:$424,900Range:$279,900 – $950,000PSF:$292 / $295Sq Ft:1,780 / 1,266DOM:74 / 46New:4Total:73
3 Beds
Avg:$635,674Median:$610,000Range:$309,000 – $1,375,000PSF:$238 / $213Sq Ft:2,808 / 2,723DOM:45 / 31New:12Total:111
4 Beds
Avg:$838,852Median:$799,950Range:$539,000 – $1,599,500PSF:$224 / $208Sq Ft:3,894 / 4,013DOM:35 / 19New:28Total:153
5 Beds
Avg:$982,094Median:$899,900Range:$609,000 – $3,000,000PSF:$212 / $203Sq Ft:4,669 / 4,626DOM:48 / 29New:15Total:121
6 Beds
Avg:$1,349,194Median:$985,000Range:$725,000 – $5,760,000PSF:$220 / $200Sq Ft:5,636 / 4,983DOM:40 / 19New:2Total:33
7 Beds
Avg:$1,962,167Median:$1,325,000Range:$728,000 – $3,495,000PSF:$276 / $239Sq Ft:6,665 / 5,342DOM:94 / 48New:0Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $340,000 | $340,000 | $340,000 – $340,000 | — | — | 341 / 341 | 0 | 1 |
| 2 Beds | $469,397 | $424,900 | $279,900 – $950,000 | $292 / $295 | 1,780 / 1,266 | 74 / 46 | 4 | 73 |
| 3 Beds | $635,674 | $610,000 | $309,000 – $1,375,000 | $238 / $213 | 2,808 / 2,723 | 45 / 31 | 12 | 111 |
| 4 Beds | $838,852 | $799,950 | $539,000 – $1,599,500 | $224 / $208 | 3,894 / 4,013 | 35 / 19 | 28 | 153 |
| 5 Beds | $982,094 | $899,900 | $609,000 – $3,000,000 | $212 / $203 | 4,669 / 4,626 | 48 / 29 | 15 | 121 |
| 6 Beds | $1,349,194 | $985,000 | $725,000 – $5,760,000 | $220 / $200 | 5,636 / 4,983 | 40 / 19 | 2 | 33 |
| 7 Beds | $1,962,167 | $1,325,000 | $728,000 – $3,495,000 | $276 / $239 | 6,665 / 5,342 | 94 / 48 | 0 | 6 |
Rental Market Overview
Median Rent
$3,000
+3.4%
Median DOM
9
0.0%
New Listings
18
Inventory
88
+6.0%
- Average Rent: $2,997
- Median Rent: $3,000
- Rent Range: $1,299 – $7,250
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 2,255 / 1,977
- Square Footage Range: 600 – 6,100
- Days on Market (Avg/Median): 40 / 9
- Days on Market Range: 1 – 305
- New Listings: 18
- Total Listings: 88
Rentals by Property Type
Apartment
$1,581
Median DOM: 91
Inventory: 19
MoM: +3.4%
Condo
$2,225
Median DOM: 30
Inventory: 5
MoM: +3.4%
Single Family
$3,400
Median DOM: 4
Inventory: 48
MoM: +3.4%
Townhouse
$2,650
Median DOM: 1
Inventory: 16
MoM: +3.4%
Apartment
Avg/Median Rent$1,757 / $1,581Range$1,345 – $4,573Rent per Sq Ft$2 / $2Sq Ft768 / 723DOM130 / 91New0Total19
Condo
Avg/Median Rent$2,343 / $2,225Range$1,997 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,303 / 1,388DOM38 / 30New1Total5
Single Family
Avg/Median Rent$3,613 / $3,400Range$1,299 – $7,250Rent per Sq Ft$1 / $1Sq Ft3,054 / 2,913DOM29 / 4New12Total48
Townhouse
Avg/Median Rent$2,828 / $2,650Range$2,450 – $4,500Rent per Sq Ft$2 / $2Sq Ft1,800 / 1,643DOM26 / 1New5Total16
Rentals by Bedroom Count
Studio
Avg:$1,598Median:$1,581Range:$1,581 – $1,614PSF:$3 / $2Sq Ft:618 / 600DOM:—New:0Total:2
1 Beds
Avg:$1,566Median:$1,513Range:$1,299 – $1,943PSF:$2 / $2Sq Ft:747 / 723DOM:166 / 115New:0Total:14
2 Beds
Avg:$2,217Median:$2,250Range:$1,500 – $3,000PSF:$2 / $2Sq Ft:1,249 / 1,253DOM:24 / 14New:2Total:14
3 Beds
Avg:$2,938Median:$2,835Range:$2,225 – $4,573PSF:$2 / $2Sq Ft:2,002 / 1,862DOM:44 / 1New:8Total:20
4 Beds
Avg:$3,583Median:$3,395Range:$2,500 – $6,000PSF:$1 / $1Sq Ft:2,906 / 2,644DOM:22 / 5New:7Total:21
5 Beds
Avg:$4,287Median:$3,995Range:$2,995 – $7,250PSF:$1 / $1Sq Ft:3,853 / 3,590DOM:16 / 4New:1Total:13
6 Beds
Avg:$4,469Median:$4,500Range:$4,075 – $4,700PSF:$1 / $1Sq Ft:4,630 / 4,418DOM:119 / 17New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,598 | $1,581 | $1,581 – $1,614 | $3 / $2 | 618 / 600 | — | 0 | 2 |
| 1 Beds | $1,566 | $1,513 | $1,299 – $1,943 | $2 / $2 | 747 / 723 | 166 / 115 | 0 | 14 |
| 2 Beds | $2,217 | $2,250 | $1,500 – $3,000 | $2 / $2 | 1,249 / 1,253 | 24 / 14 | 2 | 14 |
| 3 Beds | $2,938 | $2,835 | $2,225 – $4,573 | $2 / $2 | 2,002 / 1,862 | 44 / 1 | 8 | 20 |
| 4 Beds | $3,583 | $3,395 | $2,500 – $6,000 | $1 / $1 | 2,906 / 2,644 | 22 / 5 | 7 | 21 |
| 5 Beds | $4,287 | $3,995 | $2,995 – $7,250 | $1 / $1 | 3,853 / 3,590 | 16 / 4 | 1 | 13 |
| 6 Beds | $4,469 | $4,500 | $4,075 – $4,700 | $1 / $1 | 4,630 / 4,418 | 119 / 17 | 0 | 4 |
6-Month Sales Trend
Dec 2025
Median Price:$729,950Median DOM:71New:58Total:382
Jan 2026
Median Price:$730,900Median DOM:50New:124Total:363
Feb 2026
Median Price:$730,000Median DOM:29New:128Total:392
Mar 2026
Median Price:$730,000Median DOM:27New:149Total:451
Apr 2026
Median Price:$755,000Median DOM:27New:155Total:492
May 2026
Median Price:$765,000Median DOM:29New:63Total:505
6-Month Rental Trend
Dec 2025
Median Rent:$2,960Median DOM:1New:37Total:99
Jan 2026
Median Rent:$2,900Median DOM:6New:35Total:100
Feb 2026
Median Rent:$2,850Median DOM:12New:27Total:93
Mar 2026
Median Rent:$2,743Median DOM:16New:23Total:74
Apr 2026
Median Rent:$2,900Median DOM:9New:36Total:83
May 2026
Median Rent:$3,000Median DOM:9New:18Total:88
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, while total rental inventory increased.
Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.
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