Denver Housing Market Guide: Fall 2026

By RealMortgage Team

Key Takeaways

  • The Denver metro median closed price was $595,000 in August 2026, about flat year over year (REcolorado).
  • Closed sales fell 13% year over year to 3,118, while 13,211 homes were for sale.
  • Detached homes held near $649,500, while condos and townhomes fell to about $370,000 (-4.9% YoY).
  • With the 30-year average at 7.03% (Freddie Mac, Sep 24, 2026), buyers can often negotiate credits that lower their rate.

Denver Metro by the Numbers

Measure (Aug 2026) Figure Change

Median closed price $595,000 ~flat YoY; -2% vs. July

Closed sales 3,118 -13% YoY

New listings 4,892 +4% YoY

Pending sales 3,341 -7% YoY

Active inventory 13,211 -2% YoY

Median days in MLS 29 +7 days vs. July

Source: REcolorado, 11-county Denver metro.

A Market Split in Two

The flat metro median hides two different markets. Detached single-family homes held their value at a median of about $649,500. Condos and townhomes softened to about $370,000, and attached listings rose nearly 10% year over year (DMAR). Months of inventory climbed above 4, which is close to a balanced market.

Financing a Denver Home in 2026

  • Conventional loans with as little as 3–5% down are the most common choice. Ask about PMI options.
  • FHA loans can work well for condo buyers if the complex is FHA-approved. Check early.
  • CHFA programs offer down payment and closing-cost help for eligible Colorado buyers.
  • Seller credits: Homes are selling more slowly, so ask sellers to pay closing costs or a 2-1 buydown, especially on attached homes.

Tips for Buyers

  • Condo and townhome buyers have the most leverage right now. Negotiate on price and credits.
  • Review HOA finances and special assessments before you commit.
  • Get pre-approved so you can move quickly on well-priced detached homes, which still sell fast.

Tips for Sellers

  • Listings sat about 7 days longer in August than in July. Price realistically.
  • Offering a rate buydown can attract payment-focused buyers.

Get a personalized quote — no SSN required. See also our Fall 2026 four-state update and first-time buyer guide for Colorado.

Sources

Data as of September 24, 2026. Rates are national averages, not an offer of credit.

Frequently Asked Questions

What is the median home price in Denver right now?

REcolorado reported a Denver metro median closed price of $595,000 for August 2026, about flat from a year earlier.

Is Denver becoming a buyer's market?

It is moving that way. Closed sales fell 13% and months of supply rose above 4, especially for condos and townhomes. Well-priced detached homes still sell quickly.

What down payment help is available in Colorado?

CHFA offers down payment and closing-cost assistance for eligible buyers, and it can be paired with conventional or FHA loans.