ZIP 80023 Housing Market Report

Denver Metro

Report period: March 2026

80023 Monthly Market Update – March 2026

ZIP 80023 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$725,000
+3.6%
Median DOM (Sales)
28
−22.2%
New Listings (Sales)
23
−58.9%
Median Rent
$2,795
+3.5%
Median DOM (Rental)
1
0.0%
Total Rental Listings
49
−5.8%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (21 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 5 Beds ($1,250,000 median)

Sales Market Overview

Median Price
$725,000
+3.6%
Median DOM
28
−22.2%
New Listings
23
−58.9%
Inventory
182
+8.3%
  • Average Price: $953,303
  • Median Price: $725,000
  • Price Range: $292,500 – $6,800,000
  • Price per Sq Ft (Avg/Median): $302 / $272
  • Square Footage (Avg/Median): 3,231 / 2,799
  • Square Footage Range: 861 – 9,295
  • Days on Market (Avg/Median): 59 / 28
  • Days on Market Range: 1 – 363
  • New Listings: 23
  • Total Listings: 182

Sales by Property Type

Condo
Avg/Median Price$449,200 / $439,000Range$292,500 – $789,900Price per Sq Ft$305 / $312Sq Ft1,582 / 1,254DOM34 / 36New3Total14
Land
Avg/Median Price$1,389,800 / $1,500,000Range$349,000 – $2,500,000Price per Sq FtSq FtDOM218 / 217New0Total5
Single Family
Avg/Median Price$1,125,717 / $850,000Range$445,000 – $6,800,000Price per Sq Ft$312 / $266Sq Ft3,793 / 3,830DOM59 / 29New18Total122
Townhouse
Avg/Median Price$559,171 / $575,000Range$429,000 – $670,000Price per Sq Ft$271 / $290Sq Ft2,121 / 2,002DOM50 / 21New2Total41

Sales by Bedroom Count

2 Beds
Avg:$658,240Median:$580,000Range:$292,500 – $2,900,000PSF:$400 / $322Sq Ft:1,884 / 1,670DOM:41 / 29New:6Total:35
3 Beds
Avg:$634,469Median:$589,900Range:$429,000 – $1,399,000PSF:$281 / $292Sq Ft:2,373 / 2,002DOM:49 / 21New:6Total:63
4 Beds
Avg:$968,937Median:$849,000Range:$470,000 – $2,250,000PSF:$259 / $233Sq Ft:3,706 / 3,803DOM:59 / 22New:5Total:38
5 Beds
Avg:$1,623,167Median:$1,250,000Range:$749,000 – $6,800,000PSF:$290 / $255Sq Ft:5,253 / 4,929DOM:77 / 31New:5Total:34
6 Beds
Avg:$1,751,667Median:$1,200,000Range:$890,000 – $3,000,000PSF:$313 / $257Sq Ft:5,349 / 4,758DOM:37 / 13New:1Total:6
7 Beds
Avg:$1,025,000Median:$1,025,000Range:$1,025,000 – $1,025,000PSF:$214 / $214Sq Ft:4,799 / 4,799DOM:110 / 110New:0Total:1

Rental Market Overview

Median Rent
$2,795
+3.5%
Median DOM
1
0.0%
New Listings
9
Inventory
49
−5.8%
  • Average Rent: $2,659
  • Median Rent: $2,795
  • Rent Range: $1,200 – $6,000
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,901 / 1,695
  • Square Footage Range: 470 – 6,053
  • Days on Market (Avg/Median): 34 / 1
  • Days on Market Range: 1 – 337
  • New Listings: 9
  • Total Listings: 49

Rentals by Property Type

Apartment
$1,556
Median DOM: 85
Inventory: 11
MoM: +3.5%
Condo
$2,100
Median DOM: 2
Inventory: 3
MoM: +3.5%
Single Family
$3,200
Median DOM: 1
Inventory: 20
MoM: +3.5%
Townhouse
$2,846
Median DOM: 1
Inventory: 15
MoM: +3.5%
Apartment
Avg/Median Rent$1,682 / $1,556Range$1,304 – $2,804Rent per Sq Ft$2 / $2Sq Ft717 / 697DOM158 / 85New0Total11
Condo
Avg/Median Rent$2,042 / $2,100Range$1,575 – $2,450Rent per Sq Ft$2 / $2Sq Ft1,240 / 1,048DOM55 / 2New0Total3
Single Family
Avg/Median Rent$3,204 / $3,200Range$1,200 – $6,000Rent per Sq Ft$1 / $1Sq Ft2,782 / 2,200DOM7 / 1New5Total20
Townhouse
Avg/Median Rent$2,771 / $2,846Range$1,350 – $3,575Rent per Sq Ft$2 / $2Sq Ft1,841 / 1,695DOM20 / 1New4Total15

Rentals by Bedroom Count

Studio
Avg:$1,460Median:$1,478Range:$1,304 – $1,556PSF:$3 / $2Sq Ft:582 / 568DOM:179 / 21New:0Total:4
1 Beds
Avg:$1,571Median:$1,615Range:$1,200 – $1,800PSF:$2 / $2Sq Ft:812 / 734DOM:113 / 57New:0Total:9
2 Beds
Avg:$2,548Median:$2,500Range:$1,575 – $3,395PSF:$2 / $2Sq Ft:1,587 / 1,628DOM:23 / 1New:4Total:10
3 Beds
Avg:$2,892Median:$2,846Range:$2,400 – $3,390PSF:$2 / $1Sq Ft:1,968 / 1,922DOM:2 / 1New:1Total:14
4 Beds
Avg:$3,445Median:$3,100Range:$2,990 – $4,250PSF:$1 / $2Sq Ft:2,855 / 2,200DOM:10 / 1New:3Total:8
5 Beds
Avg:$3,597Median:$3,500Range:$3,495 – $3,795PSF:$1 / $1Sq Ft:3,343 / 3,607DOM:1 / 1New:0Total:3
6 Beds
Avg:$6,000Median:$6,000Range:$6,000 – $6,000PSF:$1 / $1Sq Ft:6,005 / 6,005DOM:1 / 1New:1Total:1

6-Month Sales Trend

Oct 2025
Median Price:$809,000Median DOM:59New:44Total:239
Nov 2025
Median Price:$739,000Median DOM:63New:33Total:217
Dec 2025
Median Price:$695,000Median DOM:71New:18Total:181
Jan 2026
Median Price:$700,000Median DOM:61New:45Total:153
Feb 2026
Median Price:$700,000Median DOM:36New:56Total:168
Mar 2026
Median Price:$725,000Median DOM:28New:23Total:182

6-Month Rental Trend

Oct 2025
Median Rent:$2,695Median DOM:1New:36Total:73
Nov 2025
Median Rent:$2,695Median DOM:1New:33Total:72
Dec 2025
Median Rent:$2,625Median DOM:1New:24Total:57
Jan 2026
Median Rent:$2,650Median DOM:1New:25Total:58
Feb 2026
Median Rent:$2,700Median DOM:1New:15Total:52
Mar 2026
Median Rent:$2,795Median DOM:1New:9Total:49

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory tightened.

Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.

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