Denver, CO Homes For Sale ($400,000 to $500,000) - Updated Every 15 mins.

+ How much do homes generally cost in Denver, CO?

Denver, CO real estate is highly sought after, which has driven the price of homes dramatically over the last few years. As of January 2021, the median value of Denver, CO homes for sale is at $450k, while the median list price is at $700k. For more information about Denver housing market trends, click here.

+ How is living in Denver, CO?

Denver, CO quite literally has it all: a booming economy ripe for yuppies hungry for better job opportunities, good schools and beautiful suburban areas for young and up-and-coming families, as well as an abundance of natural beauty and things to do for people who want to stop and smell the roses. And that’s why everyone wants to live here, which brings some downsides to it. Traffic is definitely an issue, especially in the morning, evenings, and midday. It can get especially congested in highways leading up to the downtown area from the suburbs. Commuters, however, will have no trouble moving around even with the traffic because of the availability of mass transit options like the RTD Bus & Rail.

+ What is Denver, CO known for?

For many tourists, Denver is known as that city you visit so you could go skiing. And they’re not wrong: on top of the various amenities that Denver itself has to offer, it also gives easy access to many famous ski resorts like Vail, which is just 90 minutes due south of the city. It’s also popular for the fact that it gets more sun than most of the country year-round, which means virtually unlimited opportunities to explore what the region has to offer. And there simply are too many things to do and explore! Find your perfect craft beer flavor over at Jagged Mountain Craft Brewery; trek through the Highline Canal Trail and admire the Aspen leaves as they change color in the Fall; take a hike to the top of Granite Peak and enjoy the view of the Rockies in all its grandeur.

+ What are the most common home features in Denver, CO?

The number of renters and homeowners in Denver, CO is split pretty evenly, reflecting on the type of homes available, 45.1% of which are 2-3 bedroom single-family homes, while 40% are apartment complexes. Most of the former will be found in the northern and southern suburbs, while most apartments are within or near downtown Denver. Another thing to note would be that most homes were built between 1940 to 1999, though let it not be said that there’s a shortage of new construction because many parts of the city are still slated for residential development.

+ Is Denver, CO investor-friendly?

Looking for real estate investor deals in Denver, CO? Then you should be aware of the following facts:

1) As is the case for many a rapidly growing populace, the high demand for Denver, CO homes has also driven up the price of real estate. Home appreciation rates have risen 137.61% over the last two decades, representing a 4.26% year-on-year increase.
2) Most homes in Denver, CO were built between 1940 to 1999. If you’re buying, make sure that you ask if the home you’re seeing has been updated within the last decade.
3) Looking at it differently, there’s definitely a lot of opportunity here if you’re looking for fixer-uppers. But know that these might influence your cap rate and ARV.
4) Denver, CO is equally split between homeowners and renters, so rental properties have huge potential here.
5) Because many people go to Denver, CO to access the many ski resorts nearby, setting a property up for Airbnb could also be a great investment.