ZIP 80023 Housing Market Report

Denver Metro

Report period: August 2026

80023 Monthly Market Update – August 2026

ZIP 80023 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$749,000
−0.1%
Median DOM (Sales)
47
+6.8%
New Listings (Sales)
18
−66.7%
Median Rent
$3,000
+0.2%
Median DOM (Rental)
1
0.0%
Total Rental Listings
57
+7.5%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (47 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 6 Beds ($1,375,000 median)

Sales Market Overview

Median Price
$749,000
−0.1%
Median DOM
47
+6.8%
New Listings
18
−66.7%
Inventory
254
−3.1%
  • Average Price: $959,995
  • Median Price: $749,000
  • Price Range: $315,000 – $7,000,000
  • Price per Sq Ft (Avg/Median): $285 / $263
  • Square Footage (Avg/Median): 3,359 / 3,111
  • Square Footage Range: 1,016 – 9,786
  • Days on Market (Avg/Median): 62 / 47
  • Days on Market Range: 2 – 344
  • New Listings: 18
  • Total Listings: 254

Sales by Property Type

Condo
Avg/Median Price$448,785 / $450,000Range$315,000 – $542,500Price per Sq Ft$336 / $337Sq Ft1,352 / 1,335DOM60 / 54New0Total17
Land
Avg/Median Price$1,349,800 / $1,500,000Range$350,000 – $2,500,000Price per Sq FtSq FtDOM189 / 121New0Total5
Single Family
Avg/Median Price$1,121,131 / $875,000Range$460,000 – $7,000,000Price per Sq Ft$289 / $256Sq Ft3,901 / 3,758DOM60 / 47New9Total180
Townhouse
Avg/Median Price$531,862 / $540,000Range$380,000 – $649,000Price per Sq Ft$257 / $260Sq Ft2,137 / 2,002DOM62 / 53New9Total52

Sales by Bedroom Count

2 Beds
Avg:$580,333Median:$520,000Range:$315,000 – $2,400,000PSF:$328 / $270Sq Ft:2,037 / 1,800DOM:59 / 45New:3Total:47
3 Beds
Avg:$667,184Median:$580,990Range:$399,000 – $1,840,000PSF:$278 / $280Sq Ft:2,471 / 2,053DOM:55 / 41New:10Total:88
4 Beds
Avg:$1,055,640Median:$875,000Range:$542,500 – $3,997,000PSF:$265 / $236Sq Ft:3,922 / 3,806DOM:62 / 57New:2Total:56
5 Beds
Avg:$1,485,052Median:$1,099,000Range:$700,000 – $4,990,000PSF:$276 / $247Sq Ft:5,084 / 4,839DOM:75 / 52New:2Total:42
6 Beds
Avg:$1,933,214Median:$1,375,000Range:$715,000 – $7,000,000PSF:$312 / $253Sq Ft:5,633 / 5,414DOM:49 / 39New:1Total:14
7 Beds
Avg:$1,274,500Median:$1,099,000Range:$1,099,000 – $1,450,000PSF:$231 / $193Sq Ft:5,531 / 5,380DOM:107 / 63New:0Total:2

Rental Market Overview

Median Rent
$3,000
+0.2%
Median DOM
1
0.0%
New Listings
14
Inventory
57
+7.5%
  • Average Rent: $2,997
  • Median Rent: $3,000
  • Rent Range: $1,435 – $5,950
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 2,141 / 1,930
  • Square Footage Range: 574 – 5,559
  • Days on Market (Avg/Median): 29 / 1
  • Days on Market Range: 1 – 287
  • New Listings: 14
  • Total Listings: 57

Rentals by Property Type

Apartment
$1,642
Median DOM: 167
Inventory: 12
MoM: +0.2%
Condo
$2,200
Median DOM: 1
Inventory: 4
MoM: +0.2%
Single Family
$3,450
Median DOM: 1
Inventory: 35
MoM: +0.2%
Townhouse
$2,995
Median DOM: 29
Inventory: 6
MoM: +0.2%
Apartment
Avg/Median Rent$1,754 / $1,642Range$1,435 – $2,904Rent per Sq Ft$2 / $2Sq Ft759 / 697DOM132 / 167New0Total12
Condo
Avg/Median Rent$2,394 / $2,200Range$2,075 – $2,650Rent per Sq Ft$2 / $2Sq Ft1,032 / 861DOM4 / 1New1Total4
Single Family
Avg/Median Rent$3,480 / $3,450Range$1,995 – $5,950Rent per Sq Ft$1 / $1Sq Ft2,739 / 2,593DOM16 / 1New12Total35
Townhouse
Avg/Median Rent$3,066 / $2,995Range$2,650 – $3,400Rent per Sq Ft$1 / $1Sq Ft2,157 / 2,083DOM34 / 29New1Total6

Rentals by Bedroom Count

Studio
Avg:$1,577Median:$1,563Range:$1,525 – $1,642PSF:$3 / $2Sq Ft:623 / 635DOM:173 / 173New:0Total:3
1 Beds
Avg:$1,676Median:$1,670Range:$1,435 – $2,040PSF:$2 / $2Sq Ft:739 / 731DOM:122 / 51New:0Total:8
2 Beds
Avg:$2,507Median:$2,600Range:$1,995 – $3,150PSF:$2 / $2Sq Ft:1,359 / 1,048DOM:7 / 1New:3Total:10
3 Beds
Avg:$3,142Median:$2,995Range:$2,495 – $4,495PSF:$2 / $2Sq Ft:1,934 / 1,868DOM:29 / 1New:6Total:15
4 Beds
Avg:$3,590Median:$3,450Range:$3,195 – $4,395PSF:$1 / $1Sq Ft:3,242 / 2,859DOM:13 / 1New:3Total:13
5 Beds
Avg:$4,226Median:$3,949Range:$3,500 – $5,950PSF:$1 / $1Sq Ft:3,688 / 3,260DOM:15 / 1New:2Total:8

6-Month Sales Trend

Mar 2026
Median Price:$764,900Median DOM:29New:70Total:209
Apr 2026
Median Price:$785,000Median DOM:22New:86Total:242
May 2026
Median Price:$799,999Median DOM:29New:84Total:282
Jun 2026
Median Price:$799,500Median DOM:38New:73Total:272
Jul 2026
Median Price:$749,900Median DOM:44New:54Total:262
Aug 2026
Median Price:$749,000Median DOM:47New:18Total:254

6-Month Rental Trend

Mar 2026
Median Rent:$2,795Median DOM:1New:16Total:45
Apr 2026
Median Rent:$2,995Median DOM:1New:23Total:52
May 2026
Median Rent:$3,045Median DOM:1New:21Total:56
Jun 2026
Median Rent:$3,175Median DOM:1New:23Total:54
Jul 2026
Median Rent:$2,995Median DOM:1New:26Total:53
Aug 2026
Median Rent:$3,000Median DOM:1New:14Total:57

Key Market Takeaways

Median sale prices softened this month while inventory compressed. 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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