ZIP 80223 Housing Market Report

Denver Metro

Report period: May 2026

80223 Monthly Market Update – May 2026

ZIP 80223 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$510,000
−2.9%
Median DOM (Sales)
42
−2.3%
New Listings (Sales)
14
−41.7%
Median Rent
$1,645
−8.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
162
0.0%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents softened.

What's Moving Fastest

  • Fastest selling: Condo (34 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 4 Beds ($879,900 median)

Sales Market Overview

Median Price
$510,000
−2.9%
Median DOM
42
−2.3%
New Listings
14
−41.7%
Inventory
124
+7.8%
  • Average Price: $576,198
  • Median Price: $510,000
  • Price Range: $149,000 – $3,200,000
  • Price per Sq Ft (Avg/Median): $403 / $387
  • Square Footage (Avg/Median): 1,538 / 1,276
  • Square Footage Range: 488 – 3,394
  • Days on Market (Avg/Median): 57 / 42
  • Days on Market Range: 2 – 340
  • New Listings: 14
  • Total Listings: 124

Sales by Property Type

Condo
Avg/Median Price$587,488 / $530,000Range$275,000 – $1,100,000Price per Sq Ft$460 / $463Sq Ft1,389 / 1,005DOM43 / 34New1Total8
Land
Avg/Median Price$616,355 / $225,000Range$149,000 – $3,200,000Price per Sq FtSq FtDOM146 / 104New0Total11
Multi-Family
Avg/Median Price$690,975 / $640,000Range$624,900 – $800,000Price per Sq Ft$349 / $318Sq Ft2,022 / 1,771DOM47 / 48New1Total4
Single Family
Avg/Median Price$571,911 / $510,000Range$225,000 – $1,149,900Price per Sq Ft$397 / $377Sq Ft1,555 / 1,294DOM49 / 34New11Total90
Townhouse
Avg/Median Price$521,173 / $475,000Range$335,000 – $950,000Price per Sq Ft$429 / $403Sq Ft1,331 / 1,239DOM81 / 83New1Total11

Sales by Bedroom Count

Studio
Avg:$279,900Median:$279,900Range:$279,900 – $279,900PSF:$312 / $312Sq Ft:897 / 897DOM:12 / 12New:0Total:1
1 Beds
Avg:$323,557Median:$339,900Range:$225,000 – $375,000PSF:$506 / $498Sq Ft:653 / 640DOM:77 / 53New:0Total:7
2 Beds
Avg:$481,596Median:$468,500Range:$245,000 – $815,000PSF:$462 / $468Sq Ft:1,093 / 1,005DOM:45 / 31New:3Total:32
3 Beds
Avg:$531,016Median:$500,000Range:$325,000 – $1,010,000PSF:$390 / $381Sq Ft:1,412 / 1,276DOM:58 / 42New:5Total:45
4 Beds
Avg:$884,610Median:$879,900Range:$599,999 – $1,149,900PSF:$354 / $346Sq Ft:2,577 / 2,942DOM:40 / 34New:6Total:19
5 Beds
Avg:$666,812Median:$585,000Range:$510,000 – $850,000PSF:$293 / $279Sq Ft:2,294 / 2,257DOM:54 / 47New:0Total:8
6 Beds
Avg:$675,000Median:$675,000Range:$675,000 – $675,000PSF:$269 / $269Sq Ft:2,505 / 2,505DOM:24 / 24New:0Total:1

Rental Market Overview

Median Rent
$1,645
−8.0%
Median DOM
1
0.0%
New Listings
72
Inventory
162
0.0%
  • Average Rent: $1,876
  • Median Rent: $1,645
  • Rent Range: $695 – $4,000
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 887 / 699
  • Square Footage Range: 350 – 2,442
  • Days on Market (Avg/Median): 26 / 1
  • Days on Market Range: 1 – 364
  • New Listings: 72
  • Total Listings: 162

Rentals by Property Type

Apartment
$1,510
Median DOM: 1
Inventory: 125
MoM: −8.0%
Condo
$1,400
Median DOM: 46
Inventory: 2
MoM: −8.0%
Single Family
$2,650
Median DOM: 1
Inventory: 24
MoM: −8.0%
Townhouse
$2,600
Median DOM: 16
Inventory: 10
MoM: −8.0%
Apartment
Avg/Median Rent$1,701 / $1,510Range$695 – $3,600Rent per Sq Ft$2 / $2Sq Ft758 / 674DOM19 / 1New60Total125
Condo
Avg/Median Rent$1,948 / $1,400Range$1,400 – $2,495Rent per Sq Ft$2 / $2Sq Ft888 / 619DOM76 / 46New0Total2
Multi-Family
Avg/Median Rent$1,800 / $1,800Range$1,800 – $1,800Rent per Sq Ft$3 / $3Sq Ft700 / 700DOM278 / 278New0Total1
Single Family
Avg/Median Rent$2,494 / $2,650Range$1,100 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,420 / 1,350DOM29 / 1New10Total24
Townhouse
Avg/Median Rent$2,574 / $2,600Range$1,595 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,332 / 1,362DOM67 / 16New2Total10

Rentals by Bedroom Count

Studio
Avg:$1,419Median:$1,445Range:$795 – $1,720PSF:$2 / $2Sq Ft:619 / 582DOM:11 / 1New:27Total:54
1 Beds
Avg:$1,505Median:$1,555Range:$695 – $2,315PSF:$2 / $2Sq Ft:682 / 675DOM:28 / 1New:17Total:41
2 Beds
Avg:$2,208Median:$2,495Range:$1,095 – $3,600PSF:$2 / $2Sq Ft:1,062 / 1,125DOM:44 / 1New:19Total:39
3 Beds
Avg:$2,953Median:$3,100Range:$1,650 – $3,600PSF:$2 / $2Sq Ft:1,362 / 1,302DOM:19 / 1New:7Total:19
4 Beds
Avg:$2,590Median:$2,745Range:$1,300 – $4,000PSF:$2 / $1Sq Ft:1,699 / 1,528DOM:45 / 1New:2Total:9

6-Month Sales Trend

Dec 2025
Median Price:$515,000Median DOM:81New:11Total:101
Jan 2026
Median Price:$490,000Median DOM:57New:27Total:94
Feb 2026
Median Price:$495,000Median DOM:37New:27Total:102
Mar 2026
Median Price:$550,000Median DOM:31New:37Total:113
Apr 2026
Median Price:$525,000Median DOM:43New:24Total:115
May 2026
Median Price:$510,000Median DOM:42New:14Total:124

6-Month Rental Trend

Dec 2025
Median Rent:$1,800Median DOM:1New:65Total:144
Jan 2026
Median Rent:$1,800Median DOM:1New:84Total:144
Feb 2026
Median Rent:$1,800Median DOM:1New:80Total:157
Mar 2026
Median Rent:$1,700Median DOM:1New:91Total:150
Apr 2026
Median Rent:$1,789Median DOM:1New:88Total:162
May 2026
Median Rent:$1,645Median DOM:1New:72Total:162

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, while total rental inventory was flat.

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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