Market Overview
Home Prices in Denver, CO
The median home value in Denver, CO is $538,992 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.4% compared to a year ago and down 4.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Denver are priced31% above average. Denver is part of the Denver-Aurora-Lakewood, CO metro area.
Over the past five years, Denver home values have risen by approximately1.0%, reflecting modest growth in this market.
Price History
Denver Home Price Trend
City Comparison
Denver vs. National Median
At $538,992, homes in Denver cost 31% above the national median of $410,000. Buyers in Denver should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Denver?
20% Down Payment
$107,798
on $538,992
Monthly P&I
$2,811/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,570/mo
incl. taxes & insurance
Income Needed
$142,800
gross annual (30% rule)
10% Down Option
$53,899
+ PMI applies
Loan Amount (20% dn)
$431,194
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Denver, CO?
The median home value in Denver is $538,992 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.4% year-over-year.
How much have home prices changed in Denver?
Over the past year, home values in Denver have decreased by 3.4%. Over five years, prices have risen approximately 1.0%.
How much do I need to earn to buy a home in Denver?
To comfortably afford the median home price of $538,992 with a 20% down payment ($107,798) at today's rates (6.8%), you'd need a gross annual income of approximately $142,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Denver compare to the national average home price?
The national median home value is approximately $410,000. At $538,992, homes in Denver are 31% above the national average.
What metro area is Denver part of?
Denver is part of the Denver-Aurora-Lakewood, CO metropolitan area. Home prices and market conditions can vary across the broader metro region.