Sell Your Underwater House in Denver, CO
When your mortgage balance exceeds your home's value in Denver, you are not stuck. EasyOffer helps underwater homeowners find a path forward — whether that is a short sale, lender negotiation, or other creative solution.
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Market Snapshot: Denver, CO
Latest available data from public sources. Updated .
Median Home Value
$616,000
Census ACS 2024
Zillow Home Value Index
$524,187
-4.3% YoY
Zillow ZHVI
Median Sale Price
$1,564,750
Redfin
Days on Market
99 days
Redfin
Population
729,019
+1.6% since 2020
U.S. Census
Median Household Income
$94,718
Census ACS 2024
Sale-to-List Ratio
95.7%
Redfin
Active Inventory
28 homes
Redfin
Owner-Occupied
48.8%
Census ACS 2024
Price per Sq Ft
$357/sqft
Redfin
Recent Sales
6 homes
Redfin
Unemployment Rate
4.9%
BLS
Property Tax
$2,751/yr
Census ACS 2024
Median Age
35.3 years
Census ACS 2024
Poverty Rate
11.2%
Census ACS 2024
Avg. Commute
25 min
Census ACS 2024
| Metric | Value | Change | Source |
|---|---|---|---|
| Median Home Value | $616,000 | — | Census ACS 2024 |
| Zillow Home Value Index | $524,187 | -4.3% YoY | Zillow ZHVI |
| Median Sale Price | $1,564,750 | — | Redfin |
| Days on Market | 99 days | — | Redfin |
| Population | 729,019 | +1.6% since 2020 | U.S. Census |
| Median Household Income | $94,718 | — | Census ACS 2024 |
| Sale-to-List Ratio | 95.7% | — | Redfin |
| Active Inventory | 28 homes | — | Redfin |
| Owner-Occupied | 48.8% | — | Census ACS 2024 |
| Price per Sq Ft | $357/sqft | — | Redfin |
| Recent Sales | 6 homes | — | Redfin |
| Unemployment Rate | 4.9% | — | BLS |
| Property Tax | $2,751/yr | — | Census ACS 2024 |
| Median Age | 35.3 years | — | Census ACS 2024 |
| Poverty Rate | 11.2% | — | Census ACS 2024 |
| Avg. Commute | 25 min | — | Census ACS 2024 |
Why Homeowners in Denver Choose EasyOffer
Denver's median home value is $524,187 (Zillow, 2026), down 4.3% year-over-year. With 729,019 residents growing 1.6% since 2020. homes here sell in a median of 99 days with a 95.7% sale-to-list ratio. Denver has unemployment at 4.9% (BLS), a poverty rate of 11.2%, median property taxes of $2,751/year (Census ACS). the median resident age is 35.3 years.
Negative equity in Denver can happen when home values decline, you bought at the peak, or you took out a second mortgage. Whatever the cause, being underwater makes it feel impossible to move. EasyOffer specializes in navigating these situations, negotiating with lenders to release the excess debt so you can sell and start fresh.
Denver benefited from an extraordinary demographic tailwind during the 2010s and early pandemic era as millennials migrated for outdoor recreation, a growing tech sector, and relative affordability versus coastal cities — but that affordability advantage has largely eroded, with median prices near $570K–$590K remaining elevated despite a post-2022 correction. The housing market in 2024–2025 showed signs of stabilization, with inventory rising from historic lows but not enough to cause a severe sustained decline, as in-migration from California, Texas, and the Midwest continues. Colorado's new tenant protection laws are a meaningful headwind for small landlords and should be carefully reviewed before acquiring residential rental property.
We also serve property owners in nearby Glendale, Edgewater, Berkley, and throughout Colorado.
Serving Denver and Surrounding Areas
Neighborhoods We Serve
Cherry Creek
Denver's most upscale shopping and residential district, where luxury condos and townhomes trade at $800K–$3M+, attracting wealth managers, executives, and empty-nesters who walk to Cherry Creek North's galleries and restaurants.
LoHi (Lower Highlands)
A hip, walkable neighborhood north of downtown where Victorian homes and new condos trade at $600K–$1.2M+, popular with young tech and cannabis industry professionals drawn to its acclaimed restaurant scene.
Washington Park
Denver's most beloved residential neighborhood surrounding a large city park where craftsman homes and brick bungalows sell for $700K–$1.8M, attracting active outdoor-oriented families and professionals.
Aurora
Denver's largest eastern suburb where more affordable homes average $400K–$600K and a highly diverse population — the most diverse large city in Colorado — provides a vibrant multicultural community.
Stapleton / Central Park
A large new urbanist development on the former Stapleton Airport site where newer homes range from $500K to $900K+, popular with young families seeking community design and good Denver Public Schools options.
RiNo (River North Arts District)
A former industrial neighborhood along the South Platte River where converted warehouses and new condo towers trade at $400K–$900K, anchored by craft breweries, galleries, and food halls that draw the creative class.
Notable Landmarks
Red Rocks Amphitheatre · Denver Art Museum · Coors Field · Union Station · Denver Botanic Gardens · Rocky Mountain National Park (nearby)
Major Employers
Lockheed Martin Space — major aerospace and satellite manufacturer with large Littleton campus south of Denver · Centura Health — major Colorado hospital system with multiple Denver-area campuses · Charter Communications — Fortune 500 cable and internet company with major Denver-area operations · DaVita — Fortune 500 dialysis company headquartered in downtown Denver · United Launch Alliance (ULA) — rocket manufacturer headquartered in Centennial with Decatur, AL manufacturing · Dish Network / EchoStar — satellite TV company headquartered in Englewood · University of Colorado Health / UCHealth — major academic health system anchored in Denver and Aurora
Top Schools
Natural Hazard Awareness
Denver faces significant hailstorm risk — Colorado's Front Range is one of the most hail-intense regions in the world, regularly producing baseball-sized hail that costs homeowners hundreds of millions in roofing damage annually — as well as wildfire smoke and occasional direct fire risk in the foothills and mountain communities to the west; flash flooding risk exists along the South Platte and Cherry Creek corridors.
How It Works
Here is how underwater homeowners in Denver find a path forward with EasyOffer:
Tell Us About Your Property
Enter your address and contact info. Takes 30 seconds.
Get Your Cash Offer
We analyze your Denver property and send a fair, no-obligation offer.
Close and Get Paid
Pick your closing date. We handle paperwork and pay all closing costs.
Tell Us About Your Property
Enter your address and contact info. Takes 30 seconds.
Get Your Cash Offer
We analyze your Denver property and send a fair, no-obligation offer.
Close and Get Paid
Pick your closing date. We handle paperwork and pay all closing costs.
Frequently Asked Questions
What does it mean to be underwater on a mortgage?
Being underwater means you owe more on your mortgage than the property is currently worth. For example, if you owe $250,000 but the home is worth $200,000, you have $50,000 in negative equity.
Can I sell my house if I owe more than it is worth in Denver?
Yes, through a short sale. Your lender agrees to accept less than the full mortgage balance. EasyOffer handles all lender negotiations to get the short sale approved.
Will I owe the difference if I sell an underwater house?
In many cases, the lender waives the remaining balance (called the deficiency). We negotiate for a full release of the deficiency so you do not carry the debt after selling.
How do I know if my Denver house is underwater?
Compare your current mortgage balance (from your most recent statement) to your home's estimated market value. If the balance is higher, you are underwater. We provide a free evaluation to help you assess your situation.
Is it better to wait for values to recover or sell now?
This depends on your financial situation. If you can afford the payments and want to wait, that is an option. But if the payments are straining your budget, selling now prevents further financial damage.
What are the tax implications of selling an underwater home?
Forgiven debt may be considered taxable income by the IRS, but there are exceptions including the Mortgage Forgiveness Debt Relief Act. Consult a tax professional for your specific situation.
What Our Sellers Say
“My mom passed and I inherited her place in Antioch. It needed a ton of work and I live out of state so I couldn't deal with contractors or showings. They came out, looked at it, and had a number for me the next day. We closed in 9 days. The whole thing was so much easier than I expected.”
Inherited Property
“Honestly I was skeptical at first because I'd heard horror stories about cash buyers lowballing people. But they explained exactly how they came up with the number and it was fair. We were behind on payments and they got everything done in a week. No last-minute changes, no surprises at closing.”
Avoided Foreclosure
“My husband got transferred to Dallas and we had about three weeks to figure out the house. A friend told us about EasyOffer. They gave us a cash offer that same afternoon and worked around our move date. We closed 11 days later without having to do a single showing or open house.”
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