ZIP 80204 Housing Market & Real Estate Update (Denver, CO)
80204 – February 22, 2026 – West Denver check-in: prices cooled year-over-year, inventory is active, and rents are near flat. Local pro picks inside.
ZIP 80204 (Denver, Colorado) continues to look like a market where patient buyers have more breathing room than a year ago, while sellers are having to price and prep more carefully to win offers.
Top takeaways
- Prices are softer year-over-year: Redfin shows a January 2026 median sale price of $530K in 80204 (down 13.8% YoY), with homes averaging about 56 days on market.
- Inventory is available: Zillow tracks 153 homes for sale in 80204 (data through Jan. 31, 2026), with 33 new listings that month and a median 41 days to pending.
- Rents are mixed depending on the dataset: Zillow puts average rent around $1,905 (Jan. 31, 2026), while Realtor.com reports a higher median rent for Dec. 2025, reflecting different coverage and unit mixes.
Market snapshot (last reported month)
Demand and negotiation: Redfin characterizes 80204 as somewhat competitive, with the typical home selling a bit below list price and only the best listings moving quickly. That usually translates to more room for inspection requests and seller concessions on homes that need updates.
Sales pace: Redfin reports 73 homes sold in January 2026, fewer than the same month a year earlier. When fewer homes close, pricing can become more sensitive to condition and micro-location (street noise, parking, HOA rules, etc.).
Rentals: watch the gap between averages and medians
If you are renting in 80204, treat headline rent numbers as a starting point. Portals can show very different figures depending on whether the current inventory leans toward studios and older walk-ups versus newer mid-rise buildings. Compare apples-to-apples by filtering for similar bed/bath counts and amenities, then track what actually stays available week to week.
What is for sale nearby (no address specifics)
Search pages for 80204 currently show a broad mix: condos and townhomes, smaller single-family homes, and occasional duplex or small multifamily opportunities. If you are touring this week, consider bookmarking three buckets so you can compare value quickly: (1) move-in-ready listings, (2) cosmetic fixer remodel candidates, and (3) homes with larger lots or ADU potential (where allowed).
ServiceXTC local pros (real-estate-adjacent)
- Denver Heating & Air Conditioning (HVAC contractor)
- Home Improvement Inc. (roofing contractor)
- Platinum Renovations & Consulting (general contractor)
- Gutter Punk llc. (gutter cleaning service)
- Packboys Moving & Junk Removal LLC (mover)
Sources (see links in the post sources list)
- Redfin 80204 housing market trends
- Zillow 80204 home values, inventory, and rents
- Realtor.com 80204 market overview
What are you seeing right now in 80204: more price cuts, more buyers touring, or more rentals sitting longer?