Denver’s housing market is experiencing notable shifts, with changes in home prices, inventory levels, and significant development projects reshaping the landscape.
Market Trends
Recent data indicates a stabilization in home prices. In March 2026, the median sale price was $630,000, reflecting a 5.0% 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 rose to 858 in March, up from 826 the previous year. Source
However, some reports suggest a slight decline in prices. In February 2026, the median home price fell by 4.0% to $575,000 compared to the previous year. This marks the largest median price decrease in over eight years. Source
Inventory and Sales
Inventory levels have been rising. In December 2025, active listings increased by 12.6% year-over-year, reaching 2,423 homes. Despite this, newly listed homes decreased by 5.9% from the previous year. Source
In February 2026, active listings exceeded 8,000 homes, indicating a shift towards a more balanced market. Homes are taking longer to sell, with average days on the market between 50–60 days. Source
Development Projects
Several development projects are underway to address housing needs. The Denver Housing Authority is redeveloping the Sun Valley neighborhood, transforming 333 units into a mixed-income community with over 1,700 new residential units, more than 35% of which will be affordable. Source
Additionally, a proposal aims to redevelop the Denver Pavilions into a public square with housing and retail spaces. The plan includes demolishing three of the four existing buildings to create a plaza surrounded by 1,200 residential units and commercial spaces. Source
These developments reflect Denver’s commitment to addressing housing challenges and enhancing community spaces.