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Denver vs Phoenix
Housing Market Comparison 2026
Denver, CO
$650K
Balanced Market 21 days on market
Phoenix, AZ
$468K
Balanced Market 52 days on market
Housing Market Comparison 2026
$650K
$468K
$183K
Phoenix is more affordable than Denver
That's a 28.1% difference
| Metric | Denver | Phoenix |
|---|---|---|
| Median Sale Price Lower price is better for buyers | $650K | $468K ✓ |
| Price Change (YoY) Higher = appreciation, Lower = value opportunity | +4.3% | +2.7% |
| Days on Market Faster = seller market, Slower = buyer opportunity | 21 days | 52 days |
| Active Inventory More inventory = more buyer options | 3,170 | 5,550 ✓ |
| Months of Supply <3 mo = seller market, >6 mo = buyer market | 3.2 | 3.6 |
| Sale-to-List Ratio Below 100% = buyers getting discounts | 99.1% | 97.9% ✓ |
| Market Type | Balanced Market | Balanced Market |
Denver
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Deciding between Denver, Colorado and Phoenix, Arizona? Both cities offer unique advantages for homebuyers. Denver has a median home price of $650K while Phoenix comes in at $468K—a difference of $183K.
Denver is currently a balanced market with 3.2 months of housing inventory. Homes typically sell in 21 days. Meanwhile, Phoenix is a balanced market with 3.6 months of inventory and a 52-day average time on market.
Both markets are competitive. Working with an experienced local agent can help you navigate either market successfully.
Connect with experienced local agents in both cities to get personalized market insights.