Denver, CO
Nine in 10 Denver area homes lost value in the past year, Zillow reports
Metro Denver is leading the country for the share of homes that have lost value over the past year, with 9 in 10 homes down in price compared to only half nationally, according to an analysis from Zillow.
About 91% of metro Denver homes lost value in the past year compared to 53% nationally. Denver edges out other once-hot metros like Austin, with 89.5% of homes down in value and Phoenix, with 86.9% down the past year.
Home prices have bounced around in a narrow band since the peak in June 2022, making it hard to discern the overall trend. Overall, Denver home prices are about 10% below the peak, matching the average decline measured nationally, Zillow said.
“Denver’s home values were growing in 2024, so it’s natural to see a bit more giveback now. What stands out more is the depth of the losses. The average Denver home has lost about the same as the national average, while Austin’s average drop is more than twice that,” said Mischa Fisher, Zillow’s new chief economist, in an email.
While nearly all Denver homeowners have lost equity, those losses are mild and very much in line with what homeowners across the country are experiencing when measured from the peak, he said.
If the declines accelerate, however, the situation could prove problematic for first-time buyers who bought near the top, especially if they made only a small down payment and are forced to sell.
The Zillow Home Value Index for metro Denver, which includes both homes and condos, peaked at $592,969 in June 2022. Last month, its index reported a value of $530,699. That represents a decline of $62,270 or 10.5%.
In Colorado, the average commission that a seller pays is 5.65% of the sales price, which would mean about $30,000 that needs to be covered. Someone who bought a typical home at the peak and sold last month would be down about $92,000, not counting other closing costs.
Back in 2022, the average down payment a first-time buyer made was 6%, according to the National Association of Realtors. And someone using a 30-year mortgage might pay down principal by about 5% or 6% in the first three years. It isn’t 10% because the bulk of monthly payments in the earliest years of a mortgage go to cover interest.
Vulnerable buyers, however, represent a small share of the overall market. The volume of activity or turnover has slowed down since the peak, and of the homes that do sell, only a quarter to a third are claimed by first-time buyers. Depending on where they bought, when they bought, and how much they put down, even those buyers might still have equity.
“Absent a major hit to the economy, most of today’s paper losses will likely have turned into profits down the road when recent buyers sell,” predicted Fisher.
Another way to look at the stress on a specific housing market is what share of homes are being listed below the last price paid. From that viewpoint, Denver’s market is still in good shape.
About 6.3% of homes in metro Denver are being listed below the prior sales price, which compares to 3.4% nationally, according to Zillow. The metros with the biggest shares of homes being discounted are San Francisco, 14%; Austin, 13%; San Jose, Calif., 9% and San Antonio at 8%.
In 2019, 0.6% of homes sold below the prior sales price in Denver, compared to 5.9% nationally. That measure has improved nationally but deteriorated locally. Building equity looks like it will be more of a slog for buyers who started down the home ownership trail late in metro Denver, and they will need to watch their footing. But patience will still be rewarded, Fisher argues.
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For the first time in the team’s history, Altitude Sports is broadcasting Denver Nuggets home games in Spanish. Kroenke Sports and Entertainment announced it has contracted a team to broadcast its games in Spanish for the playoffs.
“I think that is what the public wanted,” said Ivan De La Garza, producer for the broadcast team.
A team of three people, two commentators and a producer, sit in a press box at the top of Ball Arena. Their commentary is then synced with the traditional Altitude broadcast video and shared on the Altitude Plus application.
“With the Nuggets winning in the last five years, there is a tremendous amount of following from Latino people trying to listen to and watch the games in Spanish,” said Andres Casas, color commentator for the broadcast.
Casas said he strives to bring the same energy fans get during soccer broadcasts into the basketball broadcasts.
“That excitement that gets you. We want people to feel they are at the game,” Casas said.
“It has been so amazing to be a part of the Spanish broadcast for the Nuggets. I have been a fan of the Nuggets for my whole life,” said Jena Garcia, play-by-play commentator.
Garcia said it has been a dream come true to help bring this broadcast to her community.
“I’ve always desired to hear a Spanish broadcast, just as a fan. To be a part of it is just incredible,” Garcia said.
Those working in the broadcast said they are honored to help expand the reach of the Nuggets and sports in accessing diverse communities.
“We love sports. We are passionate, we are loud. We like to get together and enjoy sports,” De La Garza said.
“The Nuggets have a huge following, especially on the Spanish side. So, it is great for them to be able to listen to what is going on, game by game, especially into the playoffs,” Casas said.
“It is just another step of access that they are getting to be a fan of basketball,” Garcia said.
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Denver, CO
Where to watch Minnesota Timberwolves vs Denver Nuggets Playoffs: TV channel, start time, streaming for April 18
The 2026 NBA postseason is finally here after a thrilling Play-In Tournament saw the Phoenix Suns, Orlando Magic, Philadelphia 76ers and Portland Trail Blazers officially earn their spot in the playoffs
The postseason action continues on Saturday as the Minnesota Timberwolves visit the Denver Nuggets in Game 1 of the first round. We’ve got you covered on everything you need to know to tune in for tip off.
Want to see the full National Basketball Association schedule for April 18 and how to watch all the games? Check out our sortable NBA schedule to filter by team or division.
What time is Minnesota Timberwolves vs Denver Nuggets Game 1?
Tip off between the Denver Nuggets and Minnesota Timberwolves is scheduled for 3:30 p.m. (ET) on Saturday, April 18.
How to watch Minnesota Timberwolves vs Denver Nuggets on Saturday
All times Eastern and accurate as of Saturday, April 18, 2026, at 11:45 a.m.
Watch the NBA Playoffs on Fubo
NBA scores and results
See scores, results for all of today’s games. .
See NBA scores, results from April 17
Odds for NBA games today
The latest NBA odds can be found below from the best sports betting apps . Some odds may include games scheduled on future dates.
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