ZIP 80123 Housing Market Report
Denver Metro
Report period: May 2026
80123 Monthly Market Update – May 2026
ZIP 80123 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$595,000
+3.5%
Median DOM (Sales)
35
+2.9%
New Listings (Sales)
22
−68.6%
Median Rent
$1,979
0.0%
Median DOM (Rental)
7
−12.5%
Total Rental Listings
60
−1.6%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (25 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 6 Beds ($1,240,000 median)
Sales Market Overview
Median Price
$595,000
+3.5%
Median DOM
35
+2.9%
New Listings
22
−68.6%
Inventory
272
+6.7%
- Average Price: $813,553
- Median Price: $595,000
- Price Range: $65,000 – $5,575,000
- Price per Sq Ft (Avg/Median): $325 / $300
- Square Footage (Avg/Median): 2,394 / 2,188
- Square Footage Range: 511 – 6,835
- Days on Market (Avg/Median): 55 / 35
- Days on Market Range: 2 – 334
- New Listings: 22
- Total Listings: 272
Sales by Property Type
Condo
Avg/Median Price$365,805 / $349,000Range$65,000 – $712,000Price per Sq Ft$323 / $330Sq Ft1,202 / 1,050DOM71 / 53New5Total87
Land
Avg/Median Price$1,425,000 / $1,800,000Range$600,000 – $1,875,000Price per Sq Ft—Sq Ft—DOM56 / 55New0Total3
Single Family
Avg/Median Price$1,197,836 / $749,000Range$495,000 – $5,575,000Price per Sq Ft$343 / $289Sq Ft3,322 / 3,044DOM47 / 25New14Total133
Townhouse
Avg/Median Price$528,045 / $479,000Range$350,000 – $959,000Price per Sq Ft$278 / $247Sq Ft1,993 / 1,987DOM49 / 32New3Total49
Sales by Bedroom Count
Studio
Avg:$180,000Median:$180,000Range:$180,000 – $180,000PSF:$352 / $352Sq Ft:511 / 511DOM:256 / 256New:0Total:1
1 Beds
Avg:$264,008Median:$270,000Range:$199,000 – $312,500PSF:$350 / $353Sq Ft:776 / 787DOM:69 / 31New:1Total:13
2 Beds
Avg:$395,269Median:$370,000Range:$65,000 – $800,000PSF:$327 / $335Sq Ft:1,259 / 1,119DOM:67 / 48New:5Total:79
3 Beds
Avg:$650,575Median:$570,000Range:$349,500 – $1,995,000PSF:$287 / $268Sq Ft:2,283 / 2,186DOM:38 / 27New:4Total:68
4 Beds
Avg:$1,014,004Median:$700,000Range:$455,000 – $4,500,000PSF:$336 / $281Sq Ft:2,884 / 2,615DOM:56 / 29New:5Total:61
5 Beds
Avg:$1,542,965Median:$1,100,000Range:$537,500 – $5,575,000PSF:$357 / $290Sq Ft:4,045 / 3,912DOM:46 / 19New:6Total:36
6 Beds
Avg:$1,959,400Median:$1,240,000Range:$745,000 – $3,699,000PSF:$351 / $245Sq Ft:5,220 / 5,208DOM:53 / 53New:1Total:10
7 Beds
Avg:$939,000Median:$939,000Range:$939,000 – $939,000PSF:$190 / $190Sq Ft:4,942 / 4,942DOM:256 / 256New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $180,000 | $180,000 | $180,000 – $180,000 | $352 / $352 | 511 / 511 | 256 / 256 | 0 | 1 |
| 1 Beds | $264,008 | $270,000 | $199,000 – $312,500 | $350 / $353 | 776 / 787 | 69 / 31 | 1 | 13 |
| 2 Beds | $395,269 | $370,000 | $65,000 – $800,000 | $327 / $335 | 1,259 / 1,119 | 67 / 48 | 5 | 79 |
| 3 Beds | $650,575 | $570,000 | $349,500 – $1,995,000 | $287 / $268 | 2,283 / 2,186 | 38 / 27 | 4 | 68 |
| 4 Beds | $1,014,004 | $700,000 | $455,000 – $4,500,000 | $336 / $281 | 2,884 / 2,615 | 56 / 29 | 5 | 61 |
| 5 Beds | $1,542,965 | $1,100,000 | $537,500 – $5,575,000 | $357 / $290 | 4,045 / 3,912 | 46 / 19 | 6 | 36 |
| 6 Beds | $1,959,400 | $1,240,000 | $745,000 – $3,699,000 | $351 / $245 | 5,220 / 5,208 | 53 / 53 | 1 | 10 |
| 7 Beds | $939,000 | $939,000 | $939,000 – $939,000 | $190 / $190 | 4,942 / 4,942 | 256 / 256 | 0 | 1 |
Rental Market Overview
Median Rent
$1,979
0.0%
Median DOM
7
−12.5%
New Listings
14
Inventory
60
−1.6%
- Average Rent: $2,163
- Median Rent: $1,979
- Rent Range: $850 – $4,100
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,285 / 1,152
- Square Footage Range: 500 – 3,900
- Days on Market (Avg/Median): 49 / 7
- Days on Market Range: 1 – 284
- New Listings: 14
- Total Listings: 60
Rentals by Property Type
Apartment
$1,549
Median DOM: 104
Inventory: 20
MoM: 0.0%
Condo
$2,200
Median DOM: 1
Inventory: 18
MoM: 0.0%
Single Family
$2,695
Median DOM: 1
Inventory: 19
MoM: 0.0%
Townhouse
$2,650
Median DOM: 1
Inventory: 3
MoM: 0.0%
Apartment
Avg/Median Rent$1,639 / $1,549Range$1,235 – $2,400Rent per Sq Ft$2 / $2Sq Ft791 / 715DOM121 / 104New1Total20
Condo
Avg/Median Rent$2,130 / $2,200Range$1,250 – $3,200Rent per Sq Ft$2 / $2Sq Ft1,233 / 1,141DOM34 / 1New3Total18
Single Family
Avg/Median Rent$2,678 / $2,695Range$850 – $4,100Rent per Sq Ft$2 / $2Sq Ft1,801 / 1,624DOM23 / 1New8Total19
Townhouse
Avg/Median Rent$2,583 / $2,650Range$2,300 – $2,800Rent per Sq Ft$2 / $2Sq Ft1,459 / 1,312DOM9 / 1New2Total3
Rentals by Bedroom Count
Studio
Avg:$1,498Median:$1,498Range:$1,498 – $1,498PSF:$3 / $3Sq Ft:500 / 500DOM:146 / 146New:0Total:1
1 Beds
Avg:$1,554Median:$1,475Range:$850 – $3,100PSF:$2 / $2Sq Ft:812 / 720DOM:107 / 63New:1Total:24
2 Beds
Avg:$2,183Median:$2,150Range:$1,700 – $2,750PSF:$2 / $2Sq Ft:1,186 / 1,141DOM:30 / 1New:6Total:14
3 Beds
Avg:$2,781Median:$2,700Range:$2,200 – $3,300PSF:$2 / $2Sq Ft:1,621 / 1,615DOM:12 / 10New:4Total:15
4 Beds
Avg:$3,114Median:$2,890Range:$2,495 – $4,100PSF:$1 / $1Sq Ft:2,459 / 2,319DOM:3 / 1New:3Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,498 | $1,498 | $1,498 – $1,498 | $3 / $3 | 500 / 500 | 146 / 146 | 0 | 1 |
| 1 Beds | $1,554 | $1,475 | $850 – $3,100 | $2 / $2 | 812 / 720 | 107 / 63 | 1 | 24 |
| 2 Beds | $2,183 | $2,150 | $1,700 – $2,750 | $2 / $2 | 1,186 / 1,141 | 30 / 1 | 6 | 14 |
| 3 Beds | $2,781 | $2,700 | $2,200 – $3,300 | $2 / $2 | 1,621 / 1,615 | 12 / 10 | 4 | 15 |
| 4 Beds | $3,114 | $2,890 | $2,495 – $4,100 | $1 / $1 | 2,459 / 2,319 | 3 / 1 | 3 | 6 |
6-Month Sales Trend
Dec 2025
Median Price:$580,000Median DOM:78New:17Total:188
Jan 2026
Median Price:$595,000Median DOM:50New:66Total:183
Feb 2026
Median Price:$595,000Median DOM:35New:53Total:196
Mar 2026
Median Price:$599,000Median DOM:27New:86Total:241
Apr 2026
Median Price:$575,000Median DOM:34New:70Total:255
May 2026
Median Price:$595,000Median DOM:35New:22Total:272
6-Month Rental Trend
Dec 2025
Median Rent:$1,900Median DOM:1New:26Total:64
Jan 2026
Median Rent:$1,915Median DOM:1New:25Total:60
Feb 2026
Median Rent:$1,950Median DOM:1New:19Total:57
Mar 2026
Median Rent:$1,999Median DOM:3New:21Total:55
Apr 2026
Median Rent:$1,979Median DOM:8New:18Total:61
May 2026
Median Rent:$1,979Median DOM:7New:14Total:60
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 tightened.
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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