Market Intelligence · CO / Denver

Denver, CO 80231 Housing Market

The typical home value in Denver, CO 80231 is $395,367, down 4.2% over the past year as of September 2026. The median list price sits at $305,750, and homes are spending a median of 68 days on market.

Updated September 2026Median value$395K

The median home value in Denver, CO 80231 is $395K as of September 2026, down 4.2% 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 80231 range

$364K to $427K

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

-4.2% over 12 months

Sep 2025$413K

Low $395KHigh $413K

Sep 2026$395K

The numbers

What is the 80231 housing market like?

As of September 2026

Typical home value

$395K

4.2%YoY

Median list price

$306K

3.6%MoM

Days on market

13.3%MoM

Homes for sale

145

5.8%MoM

Price cuts

30.4%

9.7%MoM

New listings

0.0%MoM

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

The outlook

80231 housing market forecast 2027

-0.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 80231 to stay roughly flat by September 2027 (down 0.4%).

Over the 12 months through September 2026, typical home values in 80231 fell 4.2%, per the Zillow Home Value Index.

Will home prices drop in 80231?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 80231 to stay roughly flat by September 2027 (down 0.4%), after a 4.2% 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 80231 home prices compare?

80231$395,367
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 were 145 homes for sale in 80231, with 32 new listings coming on the market. Sellers are not moving quickly, since the median days on market is 68. Price cuts have become common, with 30.4% of listings showing a reduction. The typical home value of $395,367 is down 4.2% over the past year, so buyers have more room to negotiate than they did before. If you are selling, price your home realistically from the start and be prepared for a longer wait.

Monthly payment

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Home price

Down payment20% · $79,073

Term

Rate (%)

Common questions

What people ask us.

How much is a home in 80231 worth?

The typical home value in 80231 is $395,367 as of September 2026, down 4.2% over the past year. The median list price is $305,750.

How long does it take to sell a home in 80231?

Homes in 80231 are spending a median of 68 days on market as of September 2026. That means sellers should expect the process to take some time.

Are sellers cutting prices in 80231?

Yes. As of September 2026, 30.4% of listings in 80231 had a price cut, so many sellers are adjusting their asking prices to attract buyers.

Discover

Nearby ZIP markets.

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