ZIP 80223 Housing Market Report

Denver Metro

Report period: August 2026

80223 Monthly Market Update – August 2026

ZIP 80223 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$495,000
−1.0%
Median DOM (Sales)
54
+8.0%
New Listings (Sales)
7
−73.1%
Median Rent
$1,725
+1.5%
Median DOM (Rental)
1
0.0%
Total Rental Listings
160
−3.0%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Multi-Family (26 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($799,000 median)

Sales Market Overview

Median Price
$495,000
−1.0%
Median DOM
54
+8.0%
New Listings
7
−73.1%
Inventory
128
+1.6%
  • Average Price: $549,668
  • Median Price: $495,000
  • Price Range: $129,900 – $1,099,900
  • Price per Sq Ft (Avg/Median): $391 / $388
  • Square Footage (Avg/Median): 1,565 / 1,386
  • Square Footage Range: 488 – 3,394
  • Days on Market (Avg/Median): 66 / 54
  • Days on Market Range: 2 – 310
  • New Listings: 7
  • Total Listings: 128

Sales by Property Type

Condo
Avg/Median Price$467,223 / $474,900Range$198,000 – $1,065,000Price per Sq Ft$453 / $480Sq Ft1,096 / 908DOM61 / 48New1Total13
Land
Avg/Median Price$342,591 / $299,000Range$129,900 – $799,000Price per Sq FtSq FtDOM145 / 171New0Total11
Multi-Family
Avg/Median Price$699,000 / $599,000Range$599,000 – $799,000Price per Sq Ft$427 / $318Sq Ft1,815 / 1,118DOM96 / 26New0Total2
Single Family
Avg/Median Price$580,377 / $499,900Range$189,000 – $1,099,900Price per Sq Ft$380 / $374Sq Ft1,635 / 1,493DOM61 / 55New6Total93
Townhouse
Avg/Median Price$571,333 / $500,000Range$299,000 – $985,000Price per Sq Ft$401 / $410Sq Ft1,464 / 1,471DOM50 / 48New0Total9

Sales by Bedroom Count

Studio
Avg:$332,000Median:$189,000Range:$189,000 – $475,000PSF:$375 / $229Sq Ft:869 / 825DOM:31 / 6New:1Total:2
1 Beds
Avg:$305,036Median:$299,000Range:$198,000 – $474,900PSF:$458 / $438Sq Ft:664 / 682DOM:94 / 112New:1Total:11
2 Beds
Avg:$456,307Median:$435,000Range:$279,000 – $785,000PSF:$434 / $436Sq Ft:1,096 / 1,022DOM:58 / 53New:3Total:35
3 Beds
Avg:$572,751Median:$499,999Range:$320,000 – $985,000PSF:$395 / $402Sq Ft:1,483 / 1,324DOM:57 / 55New:1Total:33
4 Beds
Avg:$793,018Median:$785,000Range:$425,000 – $1,099,900PSF:$338 / $337Sq Ft:2,395 / 2,294DOM:51 / 32New:1Total:28
5 Beds
Avg:$699,086Median:$799,000Range:$475,000 – $914,900PSF:$283 / $297Sq Ft:2,457 / 2,564DOM:87 / 71New:0Total:7
6 Beds
Avg:$599,900Median:$599,900Range:$599,900 – $599,900PSF:$239 / $239Sq Ft:2,505 / 2,505DOM:75 / 75New:0Total:1

Rental Market Overview

Median Rent
$1,725
+1.5%
Median DOM
1
0.0%
New Listings
55
Inventory
160
−3.0%
  • Average Rent: $1,923
  • Median Rent: $1,725
  • Rent Range: $600 – $3,800
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 888 / 704
  • Square Footage Range: 350 – 2,442
  • Days on Market (Avg/Median): 21 / 1
  • Days on Market Range: 1 – 341
  • New Listings: 55
  • Total Listings: 160

Rentals by Property Type

Apartment
$1,520
Median DOM: 1
Inventory: 114
MoM: +1.5%
Condo
$2,350
Median DOM: 12
Inventory: 5
MoM: +1.5%
Single Family
$2,540
Median DOM: 1
Inventory: 29
MoM: +1.5%
Townhouse
$2,500
Median DOM: 12
Inventory: 10
MoM: +1.5%
Apartment
Avg/Median Rent$1,688 / $1,520Range$600 – $3,385Rent per Sq Ft$2 / $2Sq Ft738 / 650DOM22 / 1New43Total114
Condo
Avg/Median Rent$2,712 / $2,350Range$2,100 – $3,456Rent per Sq Ft$2 / $2Sq Ft1,241 / 987DOM21 / 12New2Total5
Multi-Family
Avg/Median Rent$1,598 / $1,395Range$1,395 – $1,800Rent per Sq Ft$3 / $3Sq Ft700 / 700DOM21 / 21New0Total2
Single Family
Avg/Median Rent$2,470 / $2,540Range$1,200 – $3,800Rent per Sq Ft$2 / $2Sq Ft1,312 / 1,250DOM15 / 1New8Total29
Townhouse
Avg/Median Rent$2,682 / $2,500Range$1,800 – $3,800Rent per Sq Ft$2 / $2Sq Ft1,200 / 1,239DOM20 / 12New2Total10

Rentals by Bedroom Count

Studio
Avg:$1,438Median:$1,455Range:$825 – $1,732PSF:$3 / $3Sq Ft:562 / 582DOM:7 / 1New:11Total:38
1 Beds
Avg:$1,576Median:$1,695Range:$850 – $2,800PSF:$2 / $2Sq Ft:657 / 650DOM:36 / 1New:16Total:48
2 Beds
Avg:$2,011Median:$1,995Range:$600 – $3,100PSF:$2 / $2Sq Ft:982 / 915DOM:19 / 1New:16Total:44
3 Beds
Avg:$3,011Median:$3,251Range:$1,800 – $3,800PSF:$2 / $2Sq Ft:1,459 / 1,350DOM:16 / 1New:10Total:24
4 Beds
Avg:$2,764Median:$2,995Range:$1,700 – $3,595PSF:$2 / $2Sq Ft:1,800 / 1,804DOM:7 / 3New:2Total:6

6-Month Sales Trend

Mar 2026
Median Price:$550,000Median DOM:31New:37Total:113
Apr 2026
Median Price:$525,000Median DOM:43New:24Total:115
May 2026
Median Price:$520,000Median DOM:44New:31Total:124
Jun 2026
Median Price:$514,900Median DOM:34New:41Total:135
Jul 2026
Median Price:$499,950Median DOM:50New:26Total:126
Aug 2026
Median Price:$495,000Median DOM:54New:7Total:128

6-Month Rental Trend

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:103Total:170
Jun 2026
Median Rent:$1,696Median DOM:1New:95Total:169
Jul 2026
Median Rent:$1,700Median DOM:1New:85Total:165
Aug 2026
Median Rent:$1,725Median DOM:1New:55Total:160

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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