ZIP 80204 Housing Market Report

Denver Metro

Report period: July 2026

80204 Monthly Market Update – July 2026

ZIP 80204 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$598,000
−0.3%
Median DOM (Sales)
58
+9.4%
New Listings (Sales)
20
−72.2%
Median Rent
$1,893
+0.7%
Median DOM (Rental)
1
0.0%
Total Rental Listings
368
+1.9%

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 (44 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 7 Beds ($1,350,000 median)

Sales Market Overview

Median Price
$598,000
−0.3%
Median DOM
58
+9.4%
New Listings
20
−72.2%
Inventory
345
−2.5%
  • Average Price: $644,273
  • Median Price: $598,000
  • Price Range: $152,000 – $3,500,000
  • Price per Sq Ft (Avg/Median): $424 / $420
  • Square Footage (Avg/Median): 1,572 / 1,462
  • Square Footage Range: 330 – 5,139
  • Days on Market (Avg/Median): 79 / 58
  • Days on Market Range: 2 – 353
  • New Listings: 20
  • Total Listings: 345

Sales by Property Type

Condo
Avg/Median Price$459,960 / $399,000Range$152,000 – $1,590,000Price per Sq Ft$467 / $447Sq Ft1,003 / 919DOM102 / 72New4Total93
Land
Avg/Median Price$745,362 / $530,000Range$190,000 – $2,300,000Price per Sq FtSq FtDOM138 / 123New0Total8
Multi-Family
Avg/Median Price$886,100 / $800,000Range$479,000 – $1,595,000Price per Sq Ft$317 / $287Sq Ft2,803 / 2,984DOM121 / 108New0Total10
Single Family
Avg/Median Price$743,749 / $625,000Range$235,000 – $3,500,000Price per Sq Ft$406 / $394Sq Ft1,875 / 1,734DOM66 / 44New10Total130
Townhouse
Avg/Median Price$653,716 / $625,000Range$315,000 – $2,650,000Price per Sq Ft$420 / $421Sq Ft1,585 / 1,506DOM64 / 54New6Total104

Sales by Bedroom Count

Studio
Avg:$305,361Median:$159,900Range:$152,000 – $1,349,000PSF:$458 / $473Sq Ft:762 / 338DOM:148 / 132New:1Total:18
1 Beds
Avg:$432,243Median:$399,000Range:$199,900 – $1,100,000PSF:$524 / $476Sq Ft:829 / 869DOM:87 / 62New:2Total:36
2 Beds
Avg:$555,330Median:$530,000Range:$240,000 – $1,695,000PSF:$449 / $436Sq Ft:1,242 / 1,230DOM:77 / 56New:6Total:114
3 Beds
Avg:$638,236Median:$635,000Range:$275,000 – $1,450,000PSF:$391 / $398Sq Ft:1,662 / 1,616DOM:62 / 51New:8Total:100
4 Beds
Avg:$876,178Median:$800,000Range:$380,000 – $1,799,900PSF:$375 / $371Sq Ft:2,330 / 2,282DOM:71 / 36New:3Total:41
5 Beds
Avg:$986,894Median:$775,000Range:$528,000 – $2,650,000PSF:$350 / $308Sq Ft:2,710 / 2,514DOM:73 / 45New:0Total:16
6 Beds
Avg:$1,498,778Median:$1,150,000Range:$400,000 – $3,500,000PSF:$412 / $328Sq Ft:3,392 / 3,290DOM:78 / 72New:0Total:9
7 Beds
Avg:$1,350,000Median:$1,350,000Range:$1,350,000 – $1,350,000PSF:$411 / $411Sq Ft:3,286 / 3,286DOM:157 / 157New:0Total:1
8 Beds
Avg:$785,000Median:$725,000Range:$725,000 – $845,000PSF:$275 / $255Sq Ft:2,888 / 2,456DOM:138 / 120New:0Total:2

Rental Market Overview

Median Rent
$1,893
+0.7%
Median DOM
1
0.0%
New Listings
123
Inventory
368
+1.9%
  • Average Rent: $2,184
  • Median Rent: $1,893
  • Rent Range: $800 – $8,000
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,003 / 862
  • Square Footage Range: 320 – 3,681
  • Days on Market (Avg/Median): 36 / 1
  • Days on Market Range: 1 – 344
  • New Listings: 123
  • Total Listings: 368

Rentals by Property Type

Apartment
$1,395
Median DOM: 1
Inventory: 186
MoM: +0.7%
Condo
$2,200
Median DOM: 18
Inventory: 47
MoM: +0.7%
Single Family
$2,950
Median DOM: 1
Inventory: 68
MoM: +0.7%
Townhouse
$3,050
Median DOM: 9
Inventory: 66
MoM: +0.7%
Apartment
Avg/Median Rent$1,537 / $1,395Range$809 – $3,817Rent per Sq Ft$2 / $2Sq Ft674 / 600DOM42 / 1New67Total186
Condo
Avg/Median Rent$2,351 / $2,200Range$900 – $6,659Rent per Sq Ft$2 / $2Sq Ft1,079 / 992DOM50 / 18New13Total47
Multi-Family
Avg/Median Rent$2,995 / $2,995Range$2,995 – $2,995Rent per Sq Ft$2 / $2Sq Ft2,000 / 2,000DOM14 / 14New0Total1
Single Family
Avg/Median Rent$2,926 / $2,950Range$800 – $5,500Rent per Sq Ft$2 / $2Sq Ft1,447 / 1,413DOM16 / 1New23Total68
Townhouse
Avg/Median Rent$3,109 / $3,050Range$1,587 – $8,000Rent per Sq Ft$2 / $2Sq Ft1,396 / 1,429DOM35 / 9New20Total66

Rentals by Bedroom Count

Studio
Avg:$1,302Median:$1,225Range:$945 – $2,169PSF:$3 / $3Sq Ft:470 / 470DOM:72 / 1New:13Total:45
1 Beds
Avg:$1,577Median:$1,400Range:$900 – $4,200PSF:$2 / $2Sq Ft:653 / 600DOM:42 / 1New:44Total:122
2 Beds
Avg:$2,381Median:$2,150Range:$800 – $6,659PSF:$2 / $2Sq Ft:1,106 / 1,086DOM:31 / 1New:42Total:123
3 Beds
Avg:$3,254Median:$3,200Range:$1,400 – $5,900PSF:$2 / $2Sq Ft:1,582 / 1,504DOM:22 / 4New:19Total:57
4 Beds
Avg:$3,511Median:$3,295Range:$895 – $8,000PSF:$2 / $2Sq Ft:1,988 / 1,950DOM:27 / 1New:5Total:16
5 Beds
Avg:$3,605Median:$3,530Range:$2,900 – $4,395PSF:$2 / $2Sq Ft:2,061 / 1,890DOM:13 / 1New:0Total:5

6-Month Sales Trend

Feb 2026
Median Price:$580,000Median DOM:43New:66Total:280
Mar 2026
Median Price:$599,000Median DOM:44New:85Total:305
Apr 2026
Median Price:$599,900Median DOM:49New:81Total:330
May 2026
Median Price:$600,000Median DOM:50New:82Total:353
Jun 2026
Median Price:$599,900Median DOM:53New:72Total:354
Jul 2026
Median Price:$598,000Median DOM:58New:20Total:345

6-Month Rental Trend

Feb 2026
Median Rent:$1,995Median DOM:11New:109Total:316
Mar 2026
Median Rent:$2,000Median DOM:1New:133Total:314
Apr 2026
Median Rent:$2,000Median DOM:1New:139Total:340
May 2026
Median Rent:$1,900Median DOM:1New:156Total:353
Jun 2026
Median Rent:$1,880Median DOM:1New:171Total:361
Jul 2026
Median Rent:$1,893Median DOM:1New:123Total:368

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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