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Sarah Mitchell

CNESRESABR

Compass Real Estate · Colorado Springs, CO

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Colorado Springs, CO(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Colorado Springs, CO Housing Market & Real Estate

Balanced market

Housing market overview · Updated monthly ·

Is Colorado Springs a buyer's or seller's market?

Balanced market

Colorado Springs, CO is currently a balanced market. How we determine this →

Homes sold

Last 12 weeks

Days on market

Average pace

Active listings

2,323

Sale-to-list

Below asking

What does the Colorado Springs housing market data show?

Current housing market statistics for Colorado Springs, CO
MetricValue
Median list price$469,900
Active inventory2,323 listings
New listings (latest month)913
Listings with a price cut35.7%
Market conditionBalanced market

Source: Redfin · Updated monthly

The Colorado Springs housing market is currently classified as a balanced market with a median sale price of $0. Prices have fallen 0.0% compared to last year.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.4x provides context for how home values compare to local earning capacity.

Homes for sale in Colorado Springs

There are currently 2,323 homes listed for sale in Colorado Springs, Colorado. The median listing price is $470K. Featured listings range from $330,000 to $2,349,900.

3 bedroom house for sale at 2149 Whitewood Dr Colorado Springs - $330,000
$330,000

2149 Whitewood Dr

Colorado Springs, CO

3 bd1 ba957 sqft$345/ft²
House6,499 sqft lot
View photos & details
land for sale at 17405 E Goshawk Rd Colorado Springs - $399,000
$399,000

17405 E Goshawk Rd

Colorado Springs, CO

Land5.00 acres
View photos & details
3 bedroom townhouse for sale at 4760 Iron Horse Villas Pt Colorado Springs - $400,000
$400,000

4760 Iron Horse Villas Pt

Colorado Springs, CO

3 bd3 ba1,972 sqft$203/ft²
Townhouse1,982 sqft lot
View photos & details
3 bedroom house for sale at 106 Catalina Pl Colorado Springs - $405,000
$405,000

106 Catalina Pl

Colorado Springs, CO

3 bd2 ba1,747 sqft$232/ft²
House9,248 sqft lot
View photos & details
4 bedroom house for sale at 225 W Navajo St Colorado Springs - $419,500
$419,500

225 W Navajo St

Colorado Springs, CO

4 bd2 ba1,595 sqft$263/ft²
House8,289 sqft lot
View photos & details
3 bedroom house for sale at 2120 Rusty Hinge Dr Colorado Springs - $450,000
$450,000

2120 Rusty Hinge Dr

Colorado Springs, CO

3 bd2 ba1,404 sqft$321/ft²
House10,454 sqft lot
View photos & details
4 bedroom house for sale at 6940 Passing Sky Dr Colorado Springs - $480,000
$480,000

6940 Passing Sky Dr

Colorado Springs, CO

4 bd3 ba2,023 sqft$237/ft²
House5,001 sqft lot
View photos & details
4 bedroom house for sale at 3814 Cottage Dr Colorado Springs - $534,900
$534,900

3814 Cottage Dr

Colorado Springs, CO

4 bd3 ba2,817 sqft$190/ft²
House7,446 sqft lot
View photos & details
3 bedroom house for sale at 806 Point of the Pines Dr Colorado Springs - $595,000
$595,000

806 Point of the Pines Dr

Colorado Springs, CO

3 bd3 ba2,485 sqft$239/ft²
House23,501 sqft lot
View photos & details
5 bedroom house for sale at 7215 Fauna Glen Dr Colorado Springs - $700,000
$700,000

7215 Fauna Glen Dr

Colorado Springs, CO

5 bd4 ba4,395 sqft$159/ft²
House5,502 sqft lot
View photos & details
4 bedroom house for sale at 6546 Arabesque Loop Colorado Springs - $862,590
$862,590

6546 Arabesque Loop

Colorado Springs, CO

4 bd4 ba3,734 sqft$231/ft²
House
View photos & details
7 bedroom house for sale at 6 Boulder Crescent St Colorado Springs - $2,349,900
$2,349,900

6 Boulder Crescent St

Colorado Springs, CO

7 bd7 ba5,004 sqft$470/ft²
House8,198 sqft lot
View photos & details

Looking to buy in Colorado Springs?

Get connected with a local real estate expert — free, no obligation.

Active listings

2,323

Homes on market

Median list price

$470K

New this week

913

Newly listed

Price drops:35.7%of listings

Who lives in Colorado Springs?

Population

483,099

Median income

$83,198/yr

Median age

35.6 years

Owner-occupied

61.3%

College grads

41.9%

Avg commute

22.8 min

Source: U.S. Census Bureau ACS

What are homes worth in Colorado Springs?

Zillow home value

$450,254

Zillow rent index

$1,739/mo

Price-to-rent ratio

21.6x

Price-to-income

5.4x

Source: Zillow Research

What is it like to live in Colorado Springs?

Colorado Springs is a community of approximately 483K residents with a median age of 35.6 years.The median household income is $83,198, which reflects a relatively affluent area with strong earning potential. 41.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 61.3%, showing a blend of owner and renter-occupied properties. The average commute time is 22.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Colorado Springs offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Colorado Springs?

50 schools tracked · 47,198 students

The largest public schools serving Colorado Springs, CO by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Pine Creek High School

Grades 9-12 · 1,913 students

Public

The Classical Academy Charter

Grades K-6 · 1,871 students

Charter

Doherty High School

Grades 9-12 · 1,861 students

Public

Banning Lewis Ranch Academy

Grades K-12 · 1,623 students

Charter

Liberty High School

Grades 9-12 · 1,589 students

Public

Vista Ridge High School

Grades 9-12 · 1,479 students

Public

Sand Creek High School

Grades 9-12 · 1,381 students

Public

Palmer High School

Grades 9-12 · 1,344 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Colorado Springs, CO?

Want a head-to-head view? Compare Colorado Springs side-by-side with any other U.S. city using our market-comparison tool.

Is Colorado Springs a good real estate investment market?

For investors evaluating Colorado Springs, the price-to-rent ratio of 21.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 0.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Colorado Springs's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Colorado Springs's median home price.

Frequently asked questions

What is the median income in Colorado Springs?

The median household income is $83,198 per year.

How many homes are for sale in Colorado Springs?

There are currently 2323 homes listed for sale in Colorado Springs, CO.

What is the Zillow home value estimate for Colorado Springs?

The Zillow Home Value Index (ZHVI) for Colorado Springs is $450,254, representing the typical home value in the area.

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