Denver’s housing market is experiencing notable shifts, with recent data indicating a dynamic landscape for both buyers and sellers.
Market Trends
As of March 2026, the median sale price for homes in Denver reached $630,000, marking a 5% increase from the previous year. Homes are selling faster, averaging 19 days on the market compared to 22 days last year. Additionally, the number of homes sold in March rose to 858, up from 826 the previous year. Source
In April 2026, the median days on market decreased to 14 days, with sellers receiving close to their asking prices, achieving a close-to-list price ratio of 99.44%. This suggests that well-priced homes continue to attract strong interest. Source
Inventory and Sales Activity
Active listings have increased, providing buyers with more options. In April 2026, closed sales reached 3,926 homes, a 2.35% month-over-month increase. Year-to-date closings stood at 12,631, reflecting a 3.71% decrease compared to the previous year. Despite this slight year-over-year decline, the market appears to be stabilizing post-pandemic. Source
Development Projects
Several development initiatives are underway to address housing needs and revitalize areas within Denver:
Sun Valley Redevelopment
The Denver Housing Authority is transforming the Sun Valley neighborhood by replacing 333 outdated public housing units with over 1,700 new residential units, more than 35% of which will be designated as affordable housing. The project includes infrastructure improvements, parks, and commercial spaces to create a mixed-income community. Source
Denver Pavilions Transformation
A proposal aims to redevelop the aging Denver Pavilions into a vibrant public square surrounded by 1,200 residential units and retail spaces. This $615 million project seeks to revitalize the downtown area and provide additional housing options. Source
Belleview Station Development
The Den at Belleview Station is a mixed-use development in the Denver Tech Center, featuring 357 apartment units above ground-floor retail spaces. This transit-oriented development offers residents amenities such as a rooftop pool, fitness center, and proximity to the Belleview light rail station. Source
These developments reflect Denver’s commitment to expanding housing options and enhancing community spaces to meet the needs of its growing population.