The Denver housing market in 2025 continues to be one of the most closely watched in the country. While prices remain elevated compared to national norms, the market has shown signs of balancing out after years of rapid growth. The big question: What is the average home price in Denver right now, and what does that mean for you?
Average Home Price in Denver (2025 Snapshot)
According to the Denver Metro Association of Realtors (DMAR):
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The overall median home price in metro Denver sits at around $599,000.
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Detached single-family homes average $650,000–$666,000.
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Attached homes (condos and townhomes) average $390,000–$400,000.
Detached homes dipped slightly in July, falling from $665,895 to $650,000, while condos also declined month-over-month from $400,000 to $390,000. Compared to 2024, attached homes are down about 6% year-over-year.
Breaking It Down: Detached vs. Attached Homes
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Detached Homes: Traditionally make up the majority of sales in Denver. These properties are holding their value relatively well, only seeing small seasonal fluctuations. In popular neighborhoods like Wash Park, Hilltop, and Sloan’s Lake, prices can still exceed $1M for updated or larger homes.
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Attached Homes (Condos & Townhomes): This segment is feeling the most downward price pressure. With increased insurance and HOA costs, plus affordability challenges, buyers are more cautious. Still, condos remain an attractive option for first-time buyers or those seeking low-maintenance living.
Trends Shaping the Denver Housing Market in 2025
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Cooling from pandemic peaks: Prices are down ~3–5% from the highs of 2022.
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Inventory growth: More homes are on the market, giving buyers more options.
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Buyer leverage: Well-priced homes still sell quickly, but buyers have more negotiating power than in past years.
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Neighborhood variation: Premium areas (Cherry Creek, Washington Park, Highlands) still command a premium, while areas like Green Valley Ranch or Aurora offer more affordability.
What This Means for Buyers and Sellers
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Buyers: While prices are still high, the recent softening means better opportunities, particularly in the condo and townhouse market. Negotiating for seller concessions is more common now.
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Sellers: Homes that are priced competitively and marketed well are still moving. Overpricing leads to longer time on market, especially in the attached home segment.
Bottom Line
The average home price in Denver in 2025 is hovering around $599,000, with detached homes in the mid-$600Ks and condos/townhomes closer to $390K. The Denver real estate market has cooled from its pandemic highs but remains strong relative to the rest of the U.S. Whether you’re buying or selling, working with a team who understands local trends is key to navigating this market.
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