What is the median home price in Denver?

The median home price in Denver is $589,000 right now. This price has stayed the same compared to the previous month, but it's a bit lower than it was a year ago.

The median home price in the Denver area is $589,000 right now. This price hasn't changed much since last month. However, it is a bit lower than it was a year ago. Looking back at the past year, the median price has dropped by 3.4%. This means homes are, on average, a little less expensive than they were during the same time last year. There are currently 12,572 homes for sale. This number is slightly lower than last year, down by 4.9%. Even with fewer homes on the market, homes are taking a bit longer to sell, spending 48 days on the market, which is 6.7% longer than last year. About 29% of homes have had their prices lowered. This is slightly less common than last year, suggesting fewer deep discounts despite the overall price dip. For someone looking to buy, this shows there are still homes available, but they might sit for a bit longer.