Real estate has become a popular avenue for people looking to diversify their income streams and potentially hedge against inflation. Whether you’re a seasoned pro or just getting started in investing, Denver, CO, is certainly worth considering.
Located between the western edge of the Great Plains and the eastern edge of the Rocky Mountains Front Range, Colorado’s capital city of Denver is the most populous city in the state. Affectionately known as the Mile High City, due to its high mountain altitude, the city of Denver is perfect for those looking for access to the great outdoors without sacrificing the modern conveniences of a major metro.
While Denver is close in proximity to multiple national parks, most notably Rocky Mountain National Park, it is also a bustling hub for breweries, food, and live music; making the city a popular choice for people of all ages.
But what about the Denver real estate market in April 2024? What do stats and trends look like contemporarily? Facts and figures are constantly changing, so we’ve gathered all the most up-to-date information for you.
Here are some of the top trends for the Denver real estate market (April 2024):
Table of Contents
Neighborhood | Average Monthly Rent | Median Listing Price |
Country Club | $2,579 | $2,040,552 |
Hilltop West Denver | $4,281 | $1,700,025 |
Washington Park | $4,087 | $1,343,073 |
Cherry Creek | $3,806 | $1,284,078 |
Four Square Mile South | $2,635 | $1,257,781 |
Neighborhood | Median Monthly Rent | Median Listing Price |
Mar Lee East | $2,024 | $452,842 |
Marston Southl | $2,425 | $442,825 |
Sherrelwood | $2,745 | $442,360 |
Windsor East | $1,767 | $322,907 |
Windsor | $2,053 | $281,010 |
The Denver real estate market is constantly changing and evolving. But the potential for investors to profit is near-constant. Whether you’re an experienced real estate investor or brand new to the industry, the Denver real estate market could provide ample opportunity to build your portfolio.
Whether you’re purchasing one Denver home or one hundred, you don’t have to go it alone.
If you’re ready to buy your first (or next) investment property, here are three steps to get started today:
Start the conversation!