Denver, CO Real Estate Market

With a median sale price of $950,000 significantly exceeding the median list price of $335,000, sellers in 80203 are in a strong position to capture well above asking price. The 26-day median days on market signals that well-priced homes are attracting buyers quickly, making this an opportune time to list.

Buyers in the 80203 zip code should be prepared for a competitive environment, as the market temperature sits at 77 out of 100 and homes are selling in a median of just 26 days. With a median sale price of $950,000 and prices at $367.17 per square foot, setting a clear budget and acting decisively will be critical to securing a home.

With a median rent of $1,125 and a robust rental inventory of 698 units, the 80203 rental market offers meaningful cash flow opportunities, particularly for smaller unit types where studio rents start at $905 and two-bedrooms reach $1,795. Investors should weigh acquisition costs carefully given the median sale price of $950,000 and evaluate bedroom count strategies to optimize rental yield.

The current 30-year fixed mortgage rate of 6.00 percent and 15-year fixed rate of 5.43 percent represent meaningful carrying costs on a median sale price of $950,000. Buyers with flexibility should evaluate the 15-year option, as the 0.57 percentage point difference could yield significant long-term interest savings on a high-value purchase in this market.