Own A Home in Denver? It’s Probably Losing Value.

Denver home values have dropped 2.2 percent from February 2025 to February 2026, according to the S&P Cotality Case-Shiller Price Index. This is the steepest fall of any metro in the country, surpassing other major cities like Tampa, Seattle, and Phoenix. The housing market downfall, which originated in the Sunbelt region, is now affecting areas beyond it, including Colorado. Denver home prices and rent rates have been consistently dropping due to large increases in property insurance prices and real estate inventory, as well as a decline in the condo and townhome market. Almost 16 percent of Denver's active home listings underwent at least three price cuts, compared to a 10.7 national average. The median sale price of condos and townhomes has increased slightly since January, but their inventory also increased by over 10 percent.