Home prices have been a major talking point since the pandemic, when they climbed at a record pace in response to a frenzy of demand. This increase led to a sharp decline in affordability that weighed on buyers and sellers and slowed the housing market to a crawl.

Denver’s Housing Market

Now, the housing market is in the early stages of a long, gradual reset. Redfin economists predict that affordability will slowly improve this year and beyond as price growth cools and wages rise. But with prices rising more quickly nationally in April, it’s clear that improvement won’t be linear—and that homebuyers and sellers may continue to deal with a difficult market.

Redfin Real Estate analyzed the city’s median sale prices over the past month, year, and six years to find out what’s happening in Denver, CO in 2026. Are home prices going up or down in Denver?

Original reporting: KRDO (Colorado Springs metro) — read the source article.