Greenwood Village Housing Market Snapshot: Prices Ease, Sales Pick Up
Greenwood Village, CO – March 7, 2026 – Home prices remain high but mixed signals show softer median sales, tighter inventory and slightly lower rents.
The Greenwood Village housing market is entering the year with a blend of resilience and recalibration. Overall home values remain elevated, yet recent sales data points to a softer median price and steady buyer engagement compared with last winter.
Top takeaways
- Typical home value: about $1,371,000, up 1.1% year over year.
- Median sale price: $1,275,000 in January, down 25.4% from a year earlier.
- Homes sold: 13 in January, more than double the same month last year.
- Inventory: 55 homes listed at the end of January.
- Average days on market: 71 days.
Pricing trends
Zillow’s Home Value Index places the typical home at roughly $1.37 million as of January 31, 2026, reflecting modest annual growth. At the same time, Redfin reports a median sale price of $1,275,000 in January, a notable decline from a year ago. The median list price at month’s end was about $1,629,000, underscoring the area’s luxury orientation and the gap that can exist between asking and closing prices.
This combination of steady values and a lower median sale price suggests variability in the types of homes changing hands rather than a broad-based drop in overall property worth.
Inventory and activity
With 55 homes on the market at the end of January, supply remains limited relative to price levels. Even so, closed sales picked up, with 13 homes sold during the month—more than double the total from January last year. Homes averaged 71 days on market, indicating that while buyers are active, properties are not moving at a rapid pace.
Rental market
Rental trends show slight easing. The average apartment rent is about $2,138, down nearly 2% year over year. One-bedroom units average around $1,909. While rents remain elevated, the modest decline may offer incremental relief for tenants weighing renting versus buying.
What’s on the market
Available listings span attached homes and condos under $800,000 to custom properties priced above $2 million. Much of the activity is concentrated in established neighborhoods and areas near the Denver Tech Center, where proximity to employment and amenities continues to support demand.
As the spring season approaches, pricing strategy and property type may play an outsized role in how quickly homes attract offers.