Denver Homes For Sale | Finding Your Dream Home

Thinking about buying a home in Denver? As the capital of Colorado, Denver has seen a significant rise in growth in recent years as more home buyers have moved to the area. If you want to find Denver homes for sale ahead of the competition from other buyers, you’ll need to work with an experienced realtor.

Below, our team at Your Home Sold Guaranteed Realty - The Wick Group will discuss everything you need to know before moving to Denver. We’ll explore the housing market, job market, cost of living, and more. That way, you can decide whether or not life in the city is the right fit for you.

Key Takeaways

Denver is the state capital and largest city in Colorado, with a population of 715,522 residents. It’s known for its vibrant culture and stunning Rocky Mountain backdrop.
Denver is known for having a highly competitive housing market. In recent months, the median sale price of homes for sale in Denver is $570,000.
The school district in Denver is Denver Public Schools. There are 93,356 students and a student-teacher ratio of 16 to 1.
The average individual income in Denver is $50,642, and the average household income is $78,177.
The cost of living in Denver is 27.6% more expensive than the rest of the country, and seven percent higher than the rest of Colorado.

Should I Live in Denver?

Denver is the state capital and largest city in Colorado, with a population of 715,522 residents. Nicknamed the “Mile High City,” Denver is known for its vibrant culture, opportunities for outdoor recreation, and stunning Rocky Mountain backdrop.

The city has a diverse collection of neighborhoods, each offering its own atmosphere and amenities. The city also boasts a thriving job market, particularly in industries like technology, healthcare, and aerospace.

Additionally, the cultural scene is rich with museums, galleries, and a dynamic food scene. The city’s commitment to sustainability and green living is also a prominent feature of life in the city, reflected in its extensive parks and bike-friendly infrastructure.

What’s the Housing Market Like in Denver?

Denver is known for having a highly competitive housing market. In recent months, the median sale price of homes in the city is $570,000. This is a slight 3.4% decrease from the same time last year.

Homes spend an average of 19 days on the market before selling, though the hottest homes can go pending in as fast as five days.

The sale-to-list price ratio in Denver is 98.9%. In addition, 27.2% of homes sell above their asking price, while 44.6% of homes end up experiencing a price drop after being listed.

How Do I Find Homes For Sale in Denver?

Partnering with an experienced realtor is essential for finding homes for sale in Denver. Realtors have access to exclusive resources, such as the Multiple Listing Service (MLS), and can guide you through the entire home-buying process, offering insights, negotiating deals, and ensuring a smooth journey from start to finish.

With a realtor on your side, you can leverage online real estate platforms like Zillow, Realtor.com, and Redfin to find Denver homes for sale. These sites provide a comprehensive view of available properties, allowing buyers to browse listings, view photos, and access essential details.

However, while these sites are a great place to start, it’s crucial to verify pricing information with a realtor due to potential inaccuracies. Other strategies include:

Using social media platforms, such as local real estate Facebook groups
Attending open houses
Getting recommendations from friends, family, colleagues, etc.

Are There Luxury Homes in Denver?

Luxury homes for sale in Denver are available in several parts of the city. However, these upscale residences can be hard to find, since they usually aren’t publicly listed online. You’ll need to work with a luxury home specialist who knows how to find off-market homes.

At Your Home Sold Guaranteed Realty - The Wick Group, we regularly work with luxury home buyers in the Denver market. Connect with us today at (719) 259-0316 to learn more.

Are There New Construction Homes in Denver?

You can find new construction homes for sale in Denver in many different neighborhoods. Brand-new homes often see more competition from home buyers. So if you want the best chance of finding your dream home, you’ll need to work with an experienced realtor like Your Home Sold Guaranteed Realty - The Wick Group.

Our team has connections with all of the area’s best home builders and can help you find new home developments that fit your needs. Contact us today at (719) 259-0316 or [javascript protected email address] to get started.

What Are the Best Neighborhoods in Denver?

Congress Park South

Congress Park South is an urban neighborhood with a mix of medium to large-sized single-family homes and apartment complexes. The median price of homes in the community is $1,018,249, which makes it more expensive than 92.9% of Colorado neighborhoods and 93.8 of U.S. neighborhoods. Most homes are historic, older properties but there is also some new construction in the area.

Hilltop West

Hilltop West is a suburban neighborhood with medium to large-sized single-family homes and townhomes. The median home price is $1,512,387, which makes properties in the area 98.2% more expensive than other Colorado homes and 97.6% of homes across the U.S. Most homes are historic, having been built between 1940 and 1969.

LoDo/ Union Station

LoDo/ Union Station is a dense urban neighborhood of small to medium-sized apartments and townhomes. The median real estate price is $1,136,823, which is more expensive than 94.2% of Colorado neighborhoods and 94.9% of neighborhoods across the country. The average rent is $3,823 per month, which is higher than 91.7% of neighborhoods in Colorado. Most homes are new construction.

Washington Park West

Washington Park West is an urban neighborhood that consists of small to medium-sized single-family homes and townhomes. The median home price is $1,024,553, which is 93.2% more expensive than other Colorado neighborhoods and 94% more expensive than other U.S. neighborhoods. Washington Park West is known for its historic homes, most of which were built before 1940. In fact, the neighborhood has more historic homes than 98.2% of U.S. neighborhoods.

What’s the Quality of Life in Denver?

Local Schools

The school district in Denver is Denver Public Schools. There are 93,356 students and a student-teacher ratio of 16 to 1. The district spends an average of $12,637 per student, which is about $300 more than the U.S. average of $12,383. The high school graduation rate in Denver is 90%, which is slightly lower than in the rest of Colorado and the Denver metro area.

Job Market

The average individual income in Denver is $50,642, and the average household income is $78,177. The job market in the city has a growth rate of 48.88% compared to 30.54% for the national average. The unemployment rate is 2.1% compared to the national rate of 4.1%.

Cost of Living

The cost of living in Denver is 27.6% more expensive than the rest of the country, and seven percent higher than the rest of Colorado. Housing makes up the highest cost, at 83.1% higher than the U.S. average and 15.6% higher than the state average. The lowest cost is health care, which is 3.6% lower than the U.S. average.

Crime and Safety

The violent crime rate in Denver is 30.7%, compared to 22.7% for the U.S. average. The property crime rate is 50.8% compared to 35.4% for the national average. Historically, the violent crime rate has been higher than the rest of the state and country as a whole.

Weather and Climate

Denver experiences all four seasons. Known for its sunny weather, the city enjoys more than 300 days of sunshine annually. Summers are typically warm, with average highs ranging from the mid-80s to low 90s Fahrenheit. Winters bring cooler temperatures, with average highs in the 40s and 50s Fahrenheit.

Denver is situated at an elevation of about 5,280 feet above sea level, contributing to its nickname as the “Mile High City.” This elevation can lead to rapid weather changes, and snowfall is common in the winter months.

Healthcare and Hospitals

Denver has 368 physicians per 100,000 residents compared to 210 physicians for the U.S. average. Healthcare costs are 3.6% cheaper in Denver compared to the national average.

The nearest hospitals and urgent care centers include UCHealth University of Colorado Hospital, Denver Health Medical Center, Saint Joseph Hospital, NextCare Urgent Care, AFC Urgent Care Denver, and UCHealth Urgent Care – Highlands Ranch.

What Are the Top Things to Do in Denver?

Denver, Colorado, offers a vibrant array of attractions and activities for visitors and locals to enjoy. Here are some top things to do in the Mile High City:

Red Rocks Park and Amphitheatre: Experience a concert in the iconic open-air amphitheater surrounded by stunning red rock formations or explore the park’s hiking trails.
Denver Art Museum: Immerse yourself in a diverse collection of art spanning centuries and cultures, housed in a striking architectural masterpiece.
Denver’s Craft Breweries: Indulge in the city’s thriving craft beer scene by visiting one of its many breweries, offering a diverse selection of locally brewed beers.
Denver Zoo: Enjoy a day of wildlife exploration with over 3,000 animals from around the world and engaging exhibits for all ages.
Union Station: Discover the historic Union Station, a bustling transportation hub turned vibrant gathering place with shops, restaurants, and a lively atmosphere.

How Can I Find the Best Homes in Denver?

If you want to find the best homes for sale in Denver, reach out to Jin and David Wick. At Your Home Sold Guaranteed Realty - The Wick Group, our dedicated team has successfully guided numerous home buyers in Denver, including first-time buyers and seasoned investors.

We’re ranked as the top realtor in the Denver area because of our commitment to delivering high-quality customer service. Buying a home with us is a stress-free experience because of our unique VIP Buyer Program. This exclusive program has benefits like curated property hotlists, access to free educational resources and tools, a complimentary home evaluation, and a unique Buy it Back Guarantee.

Want to learn more about working with us? Connect with Jin and David today at (719) 259-0316 or via [javascript protected email address]. We look forward to helping you find your perfect home!

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