What is the median home price in Denver?

The median home price in Denver right now is $574,900. This is the middle price point, meaning half the homes for sale are more expensive and half are less expensive. Looking at prices, the median listing price has dipped slightly by 0.8% compared to the previous month. Over the past year, it has fallen by 4.2%, which means homes are generally listing for less than they were a year ago. There are currently 12,998 active listings available in Denver. This number is slightly up by 2.1% compared to a year ago, giving buyers a bit more choice. Homes are staying on the market for about 57 days before going under contract. This is a tiny bit faster than a year ago, showing homes are selling at a similar pace. Nearly one-third of homes, specifically 31.4%, have had their prices reduced. This suggests some sellers are adjusting their expectations to attract buyers. If you're thinking about buying, the current median price shows a slight dip, and there are more homes to choose from than a year ago. Keep an eye on new listings and price reductions to find opportunities.

The median price for a home in the Denver area is $574,900 right now.