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Sarah Mitchell

CNESRESABR

Compass Real Estate · Denver, NC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Denver, NC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Denver, NC Housing Market & Real Estate

Buyer's market+8.1% YoY

Housing market overview · Updated monthly ·

$592,090median sale price

How is the Denver, NC housing market right now?

The median home sale price in Denver, NC is $592,090, up 8.1% year-over-year. Homes sell in an average of 69 days with 41 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Denver a buyer's or seller's market?

Buyer's market5.1 months of supply69 avg. days on market

Denver, NC is currently a buyer's market, based on 5.1 months of supply and homes selling in about 69 days. How we determine this →

Homes sold

8

Last 12 weeks

Days on market

69

Average pace

Active listings

41

5.1 months supply

Sale-to-list

99.4%

Below asking

What does the Denver housing market data show?

Current housing market statistics for Denver, NC
MetricValue
Median sale price$592,090
Median list price$536,750
Year-over-year price change+8.1%
Average days on market69 days
Active inventory41 listings
Months of supply5.1 months
Sale-to-list price ratio99.4%
Median price per sq ft$190/sq ft
Homes sold (latest month)8
New listings (latest month)13
Listings with a price cut36.6%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Denver by property type?

How the Denver, NC market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Denver, NC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$594,180$178/sq ft774 days
Condo / Co-op$275,000$199/sq ft175 days
Townhouse$246,000$222/sq ft164 days

Source: Redfin · Updated monthly

The Denver housing market is currently classified as a buyer's market with a median sale price of $592,090. Prices have risen 8.1% compared to last year, with homes spending an average of 69 days on market, indicating 5.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 7.6x provides context for how home values compare to local earning capacity.

Homes for sale in Denver

There are currently 41 homes listed for sale in Denver, North Carolina. The median listing price is $537K.

Active listings

41

Homes on market

Median list price

$537K

Avg. days on market

69

Days until sale

New this week

13

Newly listed

Price drops:36.6%of listings
Sale-to-list:99.4%

Who lives in Denver?

Population

2,483

Median income

$73,393/yr

Median age

37.2 years

Owner-occupied

70.2%

College grads

43.9%

Avg commute

32.7 min

Source: U.S. Census Bureau ACS

What are homes worth in Denver?

Zillow home value

$558,659

Zillow rent index

$1,788/mo

Price-to-rent ratio

26.0x

Price-to-income

7.6x

Source: Zillow Research

What is it like to live in Denver?

Denver is a community of approximately 2K residents with a median age of 37.2 years.The median household income is $73,393, which represents a working-class community with solid middle-income opportunities. 43.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 70.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Denver offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Denver?

7 schools tracked · 6,315 students

The largest public schools serving Denver, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Lincoln Charter School

Grades K-12 · 2,272 students

Charter

East Lincoln High

Grades 9-12 · 1,090 students

Public

North Lincoln Middle

Grades 6-8 · 751 students

Public

St James Elementary

Grades PK-5 · 665 students

Public

Rock Springs Elementary

Grades PK-5 · 647 students

Public

Catawba Springs Elementary

Grades PK-5 · 531 students

Public

West Lake Preparatory Academy

Grades K-8 · 359 students

Charter

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Denver, NC?

Want a head-to-head view? Compare Denver side-by-side with any other U.S. city using our market-comparison tool.

Is Denver a good real estate investment market?

For investors evaluating Denver, the price-to-rent ratio of 26.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 8.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Denver's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Denver's median home price.

Frequently asked questions

What is the average home price in Denver?

The median home sale price in Denver is $592,090, up 8.1% from last year.

How long do homes stay on market in Denver?

Homes typically spend 69 days on market before going under contract.

What is the median income in Denver?

The median household income is $73,393 per year.

Is Denver a buyer's or seller's market?

With 5.1 months of supply, Denver is currently a buyer's market.

What is the Zillow home value estimate for Denver?

The Zillow Home Value Index (ZHVI) for Denver is $558,659, representing the typical home value in the area.

What is the median condo price in Denver?

The median condo/co-op sale price in Denver, NC is $275,000, compared to $594,180 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Denver?

The median single-family home price in Denver, NC is $594,180 (about $178 per square foot).

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