Denver, CO Real Estate Market

With the market temperature at 77 and a median days on market of just 26, well-positioned listings in the 80203 zip code are attracting attention relatively quickly. Sellers of larger homes may find strong interest, as 4-bedroom listings are asking $1,050,000 and the market continues to reflect robust demand across bedroom counts.

Buyers entering the Denver 80203 market should be prepared for a competitive environment, with a median asking price of $950,000 for single-family homes and only 191 active listings available. Entry-level options exist at the lower end of the spectrum, with studio units listed at $187,500 and 1-bedroom homes at $285,500, offering more accessible price points for first-time buyers.

With a median rent of $1,125 and a rental inventory of 698 units across the 80203 area, the rental market offers meaningful scale for investors evaluating income potential. Rent by bedroom ranges from $905 for studios up to $3,500 for 6-bedroom units, giving investors a range of product types to consider against asking prices that start at $187,500 for studios.

The 30-year fixed mortgage rate stands at 6.00% and the 15-year fixed rate is at 5.43%, both of which meaningfully affect monthly payment calculations on a median asking price of $950,000. Buyers who can qualify for the shorter 15-year term would benefit from a lower rate, though the higher monthly payments on that structure require careful budgeting at this price level.