Denver Real Estate Market Report: January 2020

How the January 2020 Denver Market Compares to Today (March 2026)

Looking back at early 2020 provides a fascinating “before” snapshot of the Denver landscape. Since this report was published, the market has seen significant shifts that impact today’s buyers and sellers:

• Price Growth: In January 2020, the median single-family home price was $460,000. As of March 2026, those same homes often command upwards of $700,000—a testament to Denver’s long-term equity growth.
• Inventory Changes: While 2020 began with record-low inventory (under 5,000 active listings), the 2026 market has seen inventory levels fluctuate as sellers adjust to new economic “normals.”
• Mortgage Rate Differences: Buyers in early 2020 enjoyed rates near 3.7%. Today’s buyers are navigating a higher-rate environment (hovering in the 6.5%-7% range), which has fundamentally changed purchasing power and monthly carrying costs.