ZIP 80023 Housing Market Report
Denver Metro
Report period: May 2026
80023 Monthly Market Update – May 2026
ZIP 80023 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$800,000
+1.9%
Median DOM (Sales)
24
+9.1%
New Listings (Sales)
22
−74.4%
Median Rent
$2,995
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
53
+1.9%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (22 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 6 Beds ($1,400,000 median)
Sales Market Overview
Median Price
$800,000
+1.9%
Median DOM
24
+9.1%
New Listings
22
−74.4%
Inventory
254
+5.0%
- Average Price: $988,686
- Median Price: $800,000
- Price Range: $334,900 – $6,800,000
- Price per Sq Ft (Avg/Median): $286 / $270
- Square Footage (Avg/Median): 3,443 / 3,121
- Square Footage Range: 861 – 9,786
- Days on Market (Avg/Median): 45 / 24
- Days on Market Range: 1 – 347
- New Listings: 22
- Total Listings: 254
Sales by Property Type
Condo
Avg/Median Price$445,218 / $449,000Range$334,900 – $565,000Price per Sq Ft$330 / $317Sq Ft1,406 / 1,310DOM48 / 33New1Total22
Land
Avg/Median Price$1,258,166 / $999,999Range$349,000 – $2,500,000Price per Sq Ft—Sq Ft—DOM98 / 29New1Total6
Single Family
Avg/Median Price$1,177,251 / $950,000Range$445,000 – $6,800,000Price per Sq Ft$284 / $261Sq Ft4,113 / 3,910DOM43 / 22New19Total174
Townhouse
Avg/Median Price$556,553 / $549,000Range$399,000 – $800,000Price per Sq Ft$276 / $279Sq Ft2,064 / 2,002DOM43 / 22New1Total52
Sales by Bedroom Count
2 Beds
Avg:$543,409Median:$515,000Range:$334,900 – $1,295,000PSF:$321 / $317Sq Ft:1,785 / 1,660DOM:44 / 32New:2Total:44
3 Beds
Avg:$711,476Median:$610,000Range:$399,000 – $1,399,000PSF:$280 / $290Sq Ft:2,630 / 2,363DOM:44 / 19New:11Total:88
4 Beds
Avg:$992,520Median:$869,000Range:$560,240 – $2,000,000PSF:$264 / $246Sq Ft:3,804 / 3,800DOM:37 / 20New:6Total:52
5 Beds
Avg:$1,659,446Median:$1,275,000Range:$733,900 – $6,800,000PSF:$292 / $245Sq Ft:5,359 / 5,353DOM:51 / 30New:2Total:50
6 Beds
Avg:$1,625,000Median:$1,400,000Range:$985,000 – $3,000,000PSF:$291 / $257Sq Ft:5,501 / 5,414DOM:29 / 27New:0Total:11
7 Beds
Avg:$1,533,000Median:$1,199,000Range:$1,000,000 – $2,400,000PSF:$250 / $211Sq Ft:5,905 / 5,682DOM:71 / 58New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $543,409 | $515,000 | $334,900 – $1,295,000 | $321 / $317 | 1,785 / 1,660 | 44 / 32 | 2 | 44 |
| 3 Beds | $711,476 | $610,000 | $399,000 – $1,399,000 | $280 / $290 | 2,630 / 2,363 | 44 / 19 | 11 | 88 |
| 4 Beds | $992,520 | $869,000 | $560,240 – $2,000,000 | $264 / $246 | 3,804 / 3,800 | 37 / 20 | 6 | 52 |
| 5 Beds | $1,659,446 | $1,275,000 | $733,900 – $6,800,000 | $292 / $245 | 5,359 / 5,353 | 51 / 30 | 2 | 50 |
| 6 Beds | $1,625,000 | $1,400,000 | $985,000 – $3,000,000 | $291 / $257 | 5,501 / 5,414 | 29 / 27 | 0 | 11 |
| 7 Beds | $1,533,000 | $1,199,000 | $1,000,000 – $2,400,000 | $250 / $211 | 5,905 / 5,682 | 71 / 58 | 0 | 3 |
Rental Market Overview
Median Rent
$2,995
0.0%
Median DOM
1
0.0%
New Listings
14
Inventory
53
+1.9%
- Average Rent: $3,016
- Median Rent: $2,995
- Rent Range: $1,250 – $6,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 2,024 / 1,787
- Square Footage Range: 470 – 5,500
- Days on Market (Avg/Median): 29 / 1
- Days on Market Range: 1 – 206
- New Listings: 14
- Total Listings: 53
Rentals by Property Type
Apartment
$1,550
Median DOM: 81
Inventory: 11
MoM: 0.0%
Condo
$2,100
Median DOM: 1
Inventory: 3
MoM: 0.0%
Single Family
$3,500
Median DOM: 1
Inventory: 30
MoM: 0.0%
Townhouse
$2,900
Median DOM: 1
Inventory: 9
MoM: 0.0%
Apartment
Avg/Median Rent$1,714 / $1,550Range$1,460 – $2,899Rent per Sq Ft$3 / $2Sq Ft700 / 660DOM100 / 81New0Total11
Condo
Avg/Median Rent$2,067 / $2,100Range$1,900 – $2,200Rent per Sq Ft$2 / $2Sq Ft984 / 1,044DOM58 / 1New1Total3
Single Family
Avg/Median Rent$3,663 / $3,500Range$1,725 – $6,500Rent per Sq Ft$1 / $1Sq Ft2,693 / 2,476DOM18 / 1New11Total30
Townhouse
Avg/Median Rent$2,768 / $2,900Range$1,250 – $3,575Rent per Sq Ft$2 / $2Sq Ft1,724 / 1,668DOM29 / 1New2Total9
Rentals by Bedroom Count
Studio
Avg:$1,543Median:$1,505Range:$1,485 – $1,632PSF:$3 / $2Sq Ft:594 / 574DOM:81 / 81New:0Total:4
1 Beds
Avg:$1,595Median:$1,525Range:$1,250 – $1,794PSF:$2 / $2Sq Ft:777 / 731DOM:142 / 144New:0Total:8
2 Beds
Avg:$2,340Median:$2,200Range:$1,895 – $2,895PSF:$2 / $2Sq Ft:1,220 / 1,048DOM:24 / 1New:2Total:8
3 Beds
Avg:$3,314Median:$3,050Range:$2,650 – $5,533PSF:$2 / $2Sq Ft:2,052 / 1,871DOM:21 / 1New:6Total:16
4 Beds
Avg:$3,661Median:$3,575Range:$2,995 – $4,500PSF:$1 / $1Sq Ft:2,849 / 2,477DOM:4 / 1New:4Total:11
5 Beds
Avg:$4,817Median:$4,500Range:$3,549 – $6,500PSF:$1 / $1Sq Ft:3,914 / 3,336DOM:9 / 6New:2Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,543 | $1,505 | $1,485 – $1,632 | $3 / $2 | 594 / 574 | 81 / 81 | 0 | 4 |
| 1 Beds | $1,595 | $1,525 | $1,250 – $1,794 | $2 / $2 | 777 / 731 | 142 / 144 | 0 | 8 |
| 2 Beds | $2,340 | $2,200 | $1,895 – $2,895 | $2 / $2 | 1,220 / 1,048 | 24 / 1 | 2 | 8 |
| 3 Beds | $3,314 | $3,050 | $2,650 – $5,533 | $2 / $2 | 2,052 / 1,871 | 21 / 1 | 6 | 16 |
| 4 Beds | $3,661 | $3,575 | $2,995 – $4,500 | $1 / $1 | 2,849 / 2,477 | 4 / 1 | 4 | 11 |
| 5 Beds | $4,817 | $4,500 | $3,549 – $6,500 | $1 / $1 | 3,914 / 3,336 | 9 / 6 | 2 | 6 |
6-Month Sales Trend
Dec 2025
Median Price:$695,000Median DOM:71New:18Total:181
Jan 2026
Median Price:$700,000Median DOM:61New:45Total:153
Feb 2026
Median Price:$700,000Median DOM:36New:56Total:168
Mar 2026
Median Price:$764,900Median DOM:29New:70Total:209
Apr 2026
Median Price:$785,000Median DOM:22New:86Total:242
May 2026
Median Price:$800,000Median DOM:24New:22Total:254
6-Month Rental Trend
Dec 2025
Median Rent:$2,625Median DOM:1New:24Total:57
Jan 2026
Median Rent:$2,650Median DOM:1New:25Total:58
Feb 2026
Median Rent:$2,700Median DOM:1New:15Total:52
Mar 2026
Median Rent:$2,795Median DOM:1New:16Total:45
Apr 2026
Median Rent:$2,995Median DOM:1New:23Total:52
May 2026
Median Rent:$2,995Median DOM:1New:14Total:53
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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