ZIP 80123 Housing Market Report
Denver Metro
Report period: August 2026
80123 Monthly Market Update – August 2026
ZIP 80123 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$550,000
0.0%
Median DOM (Sales)
53
+15.2%
New Listings (Sales)
14
−79.4%
Median Rent
$1,975
−1.3%
Median DOM (Rental)
7
−36.4%
Total Rental Listings
73
+5.8%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (36 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 6 Beds ($1,490,000 median)
Sales Market Overview
Median Price
$550,000
0.0%
Median DOM
53
+15.2%
New Listings
14
−79.4%
Inventory
314
−4.8%
- Average Price: $697,079
- Median Price: $550,000
- Price Range: $95,000 – $5,295,000
- Price per Sq Ft (Avg/Median): $307 / $293
- Square Footage (Avg/Median): 2,244 / 2,093
- Square Footage Range: 511 – 6,432
- Days on Market (Avg/Median): 65 / 53
- Days on Market Range: 2 – 316
- New Listings: 14
- Total Listings: 314
Sales by Property Type
Condo
Avg/Median Price$345,573 / $344,900Range$95,000 – $600,000Price per Sq Ft$310 / $320Sq Ft1,178 / 1,050DOM74 / 60New5Total111
Land
Avg/Median Price$1,175,000 / $600,000Range$600,000 – $1,750,000Price per Sq Ft—Sq Ft—DOM56 / 48New0Total2
Single Family
Avg/Median Price$988,071 / $699,000Range$425,000 – $5,295,000Price per Sq Ft$315 / $280Sq Ft3,061 / 2,760DOM52 / 36New8Total157
Townhouse
Avg/Median Price$523,795 / $472,500Range$335,000 – $959,000Price per Sq Ft$267 / $238Sq Ft2,022 / 1,987DOM88 / 75New1Total44
Sales by Bedroom Count
Studio
Avg:$170,000Median:$170,000Range:$170,000 – $170,000PSF:$333 / $333Sq Ft:511 / 511DOM:9 / 9New:1Total:1
1 Beds
Avg:$259,591Median:$255,000Range:$190,000 – $350,000PSF:$330 / $325Sq Ft:796 / 804DOM:73 / 65New:0Total:22
2 Beds
Avg:$383,040Median:$374,900Range:$95,000 – $690,000PSF:$315 / $323Sq Ft:1,289 / 1,119DOM:81 / 60New:2Total:90
3 Beds
Avg:$619,036Median:$554,900Range:$245,000 – $1,849,500PSF:$279 / $267Sq Ft:2,289 / 2,173DOM:57 / 54New:7Total:92
4 Beds
Avg:$976,542Median:$689,999Range:$449,000 – $4,500,000PSF:$315 / $279Sq Ft:2,949 / 2,697DOM:57 / 36New:2Total:70
5 Beds
Avg:$1,232,035Median:$899,000Range:$525,000 – $5,295,000PSF:$317 / $264Sq Ft:3,687 / 3,402DOM:47 / 42New:2Total:26
6 Beds
Avg:$1,712,359Median:$1,490,000Range:$699,000 – $3,399,000PSF:$343 / $291Sq Ft:4,846 / 5,090DOM:84 / 54New:0Total:11
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $170,000 | $170,000 | $170,000 – $170,000 | $333 / $333 | 511 / 511 | 9 / 9 | 1 | 1 |
| 1 Beds | $259,591 | $255,000 | $190,000 – $350,000 | $330 / $325 | 796 / 804 | 73 / 65 | 0 | 22 |
| 2 Beds | $383,040 | $374,900 | $95,000 – $690,000 | $315 / $323 | 1,289 / 1,119 | 81 / 60 | 2 | 90 |
| 3 Beds | $619,036 | $554,900 | $245,000 – $1,849,500 | $279 / $267 | 2,289 / 2,173 | 57 / 54 | 7 | 92 |
| 4 Beds | $976,542 | $689,999 | $449,000 – $4,500,000 | $315 / $279 | 2,949 / 2,697 | 57 / 36 | 2 | 70 |
| 5 Beds | $1,232,035 | $899,000 | $525,000 – $5,295,000 | $317 / $264 | 3,687 / 3,402 | 47 / 42 | 2 | 26 |
| 6 Beds | $1,712,359 | $1,490,000 | $699,000 – $3,399,000 | $343 / $291 | 4,846 / 5,090 | 84 / 54 | 0 | 11 |
Rental Market Overview
Median Rent
$1,975
−1.3%
Median DOM
7
−36.4%
New Listings
17
Inventory
73
+5.8%
- Average Rent: $2,309
- Median Rent: $1,975
- Rent Range: $775 – $8,350
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,403 / 1,100
- Square Footage Range: 500 – 4,958
- Days on Market (Avg/Median): 38 / 7
- Days on Market Range: 1 – 327
- New Listings: 17
- Total Listings: 73
Rentals by Property Type
Apartment
$1,577
Median DOM: 127
Inventory: 19
MoM: −1.3%
Condo
$1,966
Median DOM: 1
Inventory: 28
MoM: −1.3%
Single Family
$3,150
Median DOM: 1
Inventory: 18
MoM: −1.3%
Townhouse
$2,295
Median DOM: 17
Inventory: 8
MoM: −1.3%
Apartment
Avg/Median Rent$1,616 / $1,577Range$1,295 – $2,139Rent per Sq Ft$2 / $2Sq Ft783 / 672DOM146 / 127New0Total19
Condo
Avg/Median Rent$2,072 / $1,966Range$1,295 – $4,750Rent per Sq Ft$2 / $2Sq Ft1,109 / 1,024DOM13 / 1New10Total28
Single Family
Avg/Median Rent$3,475 / $3,150Range$775 – $8,350Rent per Sq Ft$2 / $2Sq Ft2,424 / 2,501DOM11 / 1New5Total18
Townhouse
Avg/Median Rent$2,161 / $2,295Range$1,050 – $3,150Rent per Sq Ft$1 / $1Sq Ft1,746 / 1,723DOM23 / 17New2Total8
Rentals by Bedroom Count
Studio
Avg:$1,588Median:$1,577Range:$1,577 – $1,598PSF:$3 / $3Sq Ft:531 / 500DOM:127 / 16New:0Total:2
1 Beds
Avg:$1,531Median:$1,525Range:$775 – $3,100PSF:$2 / $2Sq Ft:755 / 705DOM:88 / 36New:3Total:25
2 Beds
Avg:$2,072Median:$2,000Range:$1,595 – $2,800PSF:$2 / $2Sq Ft:1,207 / 1,100DOM:20 / 1New:9Total:26
3 Beds
Avg:$2,778Median:$2,500Range:$2,150 – $3,300PSF:$2 / $2Sq Ft:1,717 / 1,615DOM:14 / 1New:3Total:9
4 Beds
Avg:$3,868Median:$3,450Range:$2,740 – $7,895PSF:$2 / $2Sq Ft:2,543 / 2,756DOM:10 / 7New:1Total:7
5 Beds
Avg:$5,964Median:$3,579Range:$3,579 – $8,350PSF:$1 / $1Sq Ft:3,996 / 3,035DOM:16 / 1New:1Total:2
6 Beds
Avg:$4,625Median:$4,500Range:$4,500 – $4,750PSF:$1 / $1Sq Ft:3,860 / 3,421DOM:33 / 1New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,588 | $1,577 | $1,577 – $1,598 | $3 / $3 | 531 / 500 | 127 / 16 | 0 | 2 |
| 1 Beds | $1,531 | $1,525 | $775 – $3,100 | $2 / $2 | 755 / 705 | 88 / 36 | 3 | 25 |
| 2 Beds | $2,072 | $2,000 | $1,595 – $2,800 | $2 / $2 | 1,207 / 1,100 | 20 / 1 | 9 | 26 |
| 3 Beds | $2,778 | $2,500 | $2,150 – $3,300 | $2 / $2 | 1,717 / 1,615 | 14 / 1 | 3 | 9 |
| 4 Beds | $3,868 | $3,450 | $2,740 – $7,895 | $2 / $2 | 2,543 / 2,756 | 10 / 7 | 1 | 7 |
| 5 Beds | $5,964 | $3,579 | $3,579 – $8,350 | $1 / $1 | 3,996 / 3,035 | 16 / 1 | 1 | 2 |
| 6 Beds | $4,625 | $4,500 | $4,500 – $4,750 | $1 / $1 | 3,860 / 3,421 | 33 / 1 | 0 | 2 |
6-Month Sales Trend
Mar 2026
Median Price:$599,000Median DOM:27New:86Total:241
Apr 2026
Median Price:$575,000Median DOM:34New:70Total:255
May 2026
Median Price:$575,000Median DOM:37New:95Total:301
Jun 2026
Median Price:$569,000Median DOM:34New:96Total:334
Jul 2026
Median Price:$550,000Median DOM:46New:68Total:330
Aug 2026
Median Price:$550,000Median DOM:53New:14Total:314
6-Month Rental Trend
Mar 2026
Median Rent:$1,999Median DOM:3New:21Total:55
Apr 2026
Median Rent:$1,979Median DOM:8New:18Total:61
May 2026
Median Rent:$2,200Median DOM:7New:25Total:66
Jun 2026
Median Rent:$2,250Median DOM:4New:21Total:63
Jul 2026
Median Rent:$2,000Median DOM:11New:27Total:69
Aug 2026
Median Rent:$1,975Median DOM:7New:17Total:73
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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