Ryan Squires for TurboTenant

Denver’s housing market is on shaky ground. Is your city next?

Denver’s housing market is cooling off in 2025, and the entire country is taking notice.

After years of unsustainable growth, average home values in Denver have dipped 4.6% over the past year . The change marks a sharp U-turn from the pandemic surge, when prices soared 38.5% between March 2020 and April 2022. For those looking to sell, this slowdown is a hard pill to swallow. For many buyers, it feels like the first real chance to find value in years.

What was once one of the country’s hottest metros has now shifted into a tentative buyer’s market (for those still able to participate). After all, just a few years ago, homes in Denver routinely sold for above asking price . Now, high prices

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