Published November 1, 2026 in Market Update

Morrison homes are taking a bit longer, but many still sell close to ask

By Joanne Jordan

Real estate, Morrison

The number that matters most right now: homes in ZIP 80465 sold for 99.2% of list price on average, according to the Real Estate Data Aggregator. That is up 0.2 points from the same period a year ago. Sellers are pricing well, and buyers are not getting deep discounts.

Nationally, Realtor.com reported that 20.8% of listings took a price cut in September, the highest share since October 2022. Morrison is not reading that way. Homes here are still landing very close to where sellers started.

Homes are taking a little longer, but they are still selling

The Real Estate Data Aggregator counted a median of 31 days on market in ZIP 80465 for the three months ending August 31, 2026. That is 7 days longer than the same period in 2025. Not a dramatic shift, but worth knowing before you set your timeline.

The Real Estate Data Aggregator shows the median sale price in ZIP 80465 rose 23.5% year over year, to $893,725. That is a meaningful jump. It reflects what buyers are willing to pay for homes in this corridor, even as they take a bit more time to decide.

About 1 in 5 homes sold above list

The Real Estate Data Aggregator found that 20.9% of homes in ZIP 80465 sold above list price in the three months ending August 31, 2026. That is up 1.1 points from a year ago. Not every home gets a bidding war, but a meaningful share still do.

How the two ZIP codes compare

Morrison covers two ZIP codes. ZIP 80228, the Denver-side portion, moved faster. The Real Estate Data Aggregator counted a median of 23 days on market there, 8 days quicker than ZIP 80465. The trade-off: the median sale price in 80228 was $652,500, down 4.9% year over year.

The broader picture

The Colorado Association of Realtors reported that statewide closed sales fell 15.1% year over year in September, and Denver metro closed sales dropped 18.7%. Morrison, with the Real Estate Data Aggregator showing a combined drop of 5.6% across both ZIP codes, is holding up better than that.

Mortgage rates are adding friction everywhere. Realtor.com reported rates climbed above 7% for the first time since January 2025. A separate Realtor.com report put the 30-year rate at 7.24% in late October. That affects what buyers can spend, which is part of why homes are sitting a week longer than they did last year.

Still, pending sales across both Morrison ZIP codes came to 237 in the three months ending August 31, 2026, per the Real Estate Data Aggregator. Buyers are still moving. They are just moving a little more carefully.

What this means if you are selling

Pricing and timing both count more than they did a year ago. The 31-day median in ZIP 80465 tells you to plan for a few weeks on market. The 99.2% sale-to-list ratio tells you that well-priced homes are not leaving money on the table. Both things can be true at once.

New listings in ZIP 80465 rose 8.2% year over year, per the Real Estate Data Aggregator. More competition is coming to market. That is not alarming at 3.5 months of supply, but it is worth knowing before you pick your list date.

One more thing worth saying: one street can read very differently from the whole ZIP code. The numbers above are medians and averages. Your home's story depends on its condition, its location and what else is for sale nearby right now.