Metro area index
Home appreciation in the Denver-Aurora-Centennial, CO metro area
FHFA HPI® data shows the Denver-Aurora-Centennial, CO metro area's all-transactions index changed -0.5% over the year to Q2 2026, versus +0.2% for Colorado and +3.0% for the U.S. That ranks 375th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- -0.5%
- 5-year change
- +21.4%
- Since Q1 1995
- +393%
- Metro rank (1 year)
- 375th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Denver-Aurora-Centennial, CO vs Colorado and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Denver-Aurora-Centennial, CO: 492.5
- Colorado: 467.1
- United States: 391.6
Appreciation by time window
| Window | Metro | CO | U.S. | Gap vs CO | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | -0.5% | +0.2% | +3.0% | −0.7 pts | −3.5 pts |
| 3 years | +1.5% | +3.4% | +12.9% | −1.9 pts | −11.4 pts |
| 5 years | +21.4% | +25.0% | +41.3% | −3.6 pts | −19.8 pts |
| 10 years | +79.9% | +85.2% | +93.3% | −5.3 pts | −13.4 pts |
| Since Q1 1995 | +393% | +367% | +292% | +25.4 pts | +100.9 pts |
3-digit ZIP regions in the Denver-Aurora-Centennial, CO area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 802 · Denver, CO area | CO | +0.1% | +19.6% | +473% | 100% |
| 801 · Centennial, CO area | CO | -1.1% | +23.6% | +347% | 96% |
| 800 · Aurora, CO area | CO | -0.4% | +22.4% | +370% | 93% |
| 804 · Golden, CO area | CO | -1.1% | +29.2% | +394% | 63% |
| 806 · Greeley, CO area | CO | +0.3% | +25.0% | +323% | 31% |
Boom, bust, and recovery in Denver-Aurora-Centennial, CO area
Denver-Aurora-Centennial, CO area's index peaked in Q4 2005, fell 9.0% to its low in Q2 2011, and regained its peak in Q2 2013, about 7.5 years after the top. Today it sits +150% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q4 2005 | Q2 2011 | -9.0% | Q2 2013 (7.5 yrs) | +150% |
| CO | Q1 2008 | Q2 2011 | -10.1% | Q1 2014 (6 yrs) | +136% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Denver-Aurora-Centennial, CO area's index has changed +122% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | CO after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -4.2% | -3.5% | -0.8% |
| 3 years | +9.8% | -7.6% | -5.8% | +2.8% |
| 5 years | +24.0% | -2.1% | +0.8% | +13.9% |
| 10 years | +39.1% | +29.3% | +33.1% | +39.0% |
| Since Q1 1995 | +121% | +122% | +111% | +76.8% |
If you bought in the Denver-Aurora-Centennial, CO area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +384% | $1,450,805 |
| Q2 2000 | +224% | $971,976 |
| Q2 2005 | +155% | $764,752 |
| Q2 2010 | +168% | $802,945 |
| Q2 2015 | +101% | $602,618 |
| Q2 2020 | +38.7% | $416,244 |
| Q2 2021 | +21.4% | $364,311 |
| Q2 2023 | +1.5% | $304,489 |
| Q2 2025 | -0.5% | $298,624 |
Frequently asked questions
- How much have home prices risen in the Denver-Aurora-Centennial, CO area?
- FHFA HPI® data for the Denver-Aurora-Centennial, CO metro area shows changes of -0.5% over one year, +21.4% over five years, and +79.9% over ten years to Q2 2026, and +393% since Q1 1995.
- Is the Denver-Aurora-Centennial, CO area beating the national average?
- Over the past year the metro's index moved −3.5 pts versus the U.S.; over five years the gap is −19.8 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.