Market Intelligence · CO / Denver

Denver, CO 80204 Housing Market

The typical home value in Denver's 80204 ZIP code is $515,126, down 2.3% over the past year as of September 2026. The median list price stands at $549,500, and homes are taking a median of 57 days on market.

Updated September 2026Median value$515K

The median home value in Denver, CO 80204 is $515K as of September 2026, down 2.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 80204 range

$474K to $556K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-2.3% over 12 months

Typical home value in 80204 over the last 12 months: $527K in Sep 2025 to $515K in Sep 2026 (-2.3%).

Sep 2025$527K

Sep 2026$515K

The numbers

What is the 80204 housing market like?

Typical home value

$515K

Down2.3%YoY

Median list price

$550K

Down2.7%MoM

Days on market

57

Down5.0%MoM

Homes for sale

213

Up3.4%MoM

Price cuts

35.4%

Up28.9%MoM

New listings

56

Flat0.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

80204 housing market forecast 2027

-0.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 80204 to stay roughly flat by September 2027 (down 0.4%).

Over the 12 months through September 2026, typical home values in 80204 fell 2.3%, per the Zillow Home Value Index.

Will home prices drop in 80204?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 80204 to stay roughly flat by September 2027 (down 0.4%), after a 2.3% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 80204 home prices compare?

  • 80204$515,126
  • Denver$515,738
  • Colorado$494,491
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Denver: 38 ZIPs; Colorado: 416 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 213 homes for sale in 80204, with 56 new listings coming on the market. The median list price is $549,500, above the typical home value of $515,126, which is down 2.3% over the past year. Homes are sitting for a median of 57 days on market, and 35.4% of listings have taken a price cut. That share of reductions, combined with falling values, suggests buyers have room to negotiate. A seller here should price carefully from the start rather than test the market high.

Monthly payment

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Common questions

What people ask us.

How much is a home in 80204 worth?

The typical home value in 80204 is $515,126 as of September 2026, down 2.3% over the past year. The median list price is $549,500.

How long do homes take to sell in 80204?

Homes in 80204 spend a median of 57 days on market as of September 2026.

Is the 80204 market competitive for sellers right now?

As of September 2026, 35.4% of listings in 80204 have had a price cut, and there are 213 homes for sale. That points to a market where sellers face real competition.

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