Denver housing market
Typical home value
$555K
▼ 1.8% 1 yr
Typical rent
$1,900/mo
▲ 0.1% 1 yr
12-month forecast
−0.2%
#476 of 546 metros
Gross rent yield
4.1%
#499 of 546 · U.S. 6.3%
Days to pending
53 days
▼ −2 days 1 yr
Listings with a price cut
37%
▲ +0.1 pts 1 yr
Key takeaways
- 1The typical home is worth $555,487, down 1.8% in a year and up 4% over five years.
- 2Zillow forecasts home values falling 0.2% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,900/mo (+0.1% YoY), a 4.1% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $3,053/mo in principal and interest, $1,153 more than renting.
- 5Homes go under contract in 53 days (−2 days vs last year); 37% of listings have had a price cut.
Market temperature
Strong buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 23/100, #511 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Denver compares
| Measure | Denver | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | −1.8% | +1.2% | #517 |
| Home value, 5-yr change | +4.1% | +19.7% | |
| 12-month forecast | −0.2% | +1.1% | #476 |
| Rent, 1-yr change | +0.1% | +2.7% | #519 |
| Gross rent yield | 4.1% | 6.3% | #499 |
| Price-to-rent ratio | 24.4 | 15.8 | |
| Mortgage P&I on typical home | $3,053 | $2,012 | |
| Income needed to buy | $147,053 | $100,902 | |
| Days to pending | 53 | 56 |
Cities in the Denver metro
27 cities with home value and rent data.
| Denver | $521K | ▼ 1.9% | $1,855 | ▲ 0.1% | 4.3% |
| Aurora | $448K | ▼ 2.6% | $1,742 | ▼ 1.2% | 4.7% |
| Lakewood | $550K | ▼ 2.1% | $1,800 | ▼ 0.4% | 3.9% |
| Thornton | $489K | ▼ 2.1% | $1,894 | ▼ 0.3% | 4.6% |
| Arvada | $593K | ▼ 2.0% | $2,088 | ▲ 0.4% | 4.2% |
| Westminster | $511K | ▼ 1.8% | $1,872 | ▲ 0.9% | 4.4% |
| Centennial | $627K | ▼ 1.0% | $2,203 | ▲ 0.6% | 4.2% |
| Parker | $673K | ▼ 1.3% | $2,211 | ▼ 1.6% | 3.9% |
| Highlands Ranch | $689K | ▼ 1.5% | $2,559 | ▲ 0.9% | 4.5% |
| Castle Rock | $658K | ▼ 1.1% | $2,333 | ▲ 1.6% | 4.3% |
| Broomfield | $616K | ▼ 0.6% | $2,115 | ▲ 1.1% | 4.1% |
| Littleton | $612K | ▼ 1.6% | $2,040 | ▼ 0.6% | 4.0% |
| Commerce City | $477K | ▼ 3.1% | $2,489 | ▲ 0.8% | 6.3% |
| Brighton | $488K | ▼ 2.3% | $1,980 | ▲ 1.3% | 4.9% |
| Golden | $847K | ▲ 0.5% | $2,100 | ▼ 0.3% | 3.0% |
| Englewood | $495K | ▼ 2.4% | $1,836 | ▼ 0.1% | 4.5% |
| Northglenn | $450K | ▼ 2.3% | $1,515 | ▼ 1.0% | 4.0% |
| Wheat Ridge | $582K | ▼ 2.2% | $1,881 | ▲ 1.4% | 3.9% |
| Evergreen | $869K | ▼ 1.3% | $2,568 | ▲ 2.1% | 3.5% |
| Lone Tree | $870K | ▼ 1.6% | $1,941 | ▼ 6.1% | 2.7% |
| Greenwood Village | $1.38M | ▲ 2.7% | $2,224 | ▲ 2.0% | 1.9% |
| Federal Heights | $382K | ▼ 3.8% | $1,508 | ▲ 5.3% | 4.7% |
| Castle Pines | $878K | ▼ 0.2% | $2,453 | ▲ 2.8% | 3.4% |
| Cherry Creek | $848K | ▼ 0.3% | $1,957 | ▼ 6.5% | 2.8% |
| Sheridan | $415K | ▼ 4.1% | $1,657 | ▼ 2.6% | 4.8% |
| Glendale | $312K | ▼ 8.4% | $1,433 | ▲ 1.3% | 5.5% |
| Meridian | $638K | ▼ 4.2% | $1,955 | ▼ 3.4% | 3.7% |
Run the numbers
Rental property calculator
Cash flow on a typical Denver rental ($555K, $1,900/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Denver home.
Rent vs buy
Is it cheaper to rent or buy in Denver?
Other Colorado metros
Colorado Springs, CO
$447K home$1,764 rent4.7% yield
▼ 1.4% 1 yr
Fort Collins, CO
$546K home$1,973 rent4.3% yield
▼ 0.3% 1 yr
Boulder, CO
$707K home$2,196 rent3.7% yield
▼ 0.4% 1 yr
Greeley, CO
$488K home$1,685 rent4.1% yield
▼ 2.0% 1 yr
Pueblo, CO
$282K home$1,320 rent5.6% yield
▼ 2.3% 1 yr
Grand Junction, CO
$429K home$1,730 rent4.8% yield
▲ 1.6% 1 yr
Glenwood Springs, CO
$979K home$3,111 rent3.8% yield
▲ 4.8% 1 yr
Edwards, CO
$1.3M home$3,410 rent3.2% yield
▲ 2.9% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.