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Featured local agent — Manitou Springs, CO
Sarah Mitchell
Compass Real Estate · Manitou Springs, CO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Manitou Springs, CO Housing Market & Real Estate
Housing market overview · Updated monthly ·
Is Manitou Springs a buyer's or seller's market?
Manitou Springs, CO is currently a balanced market. How we determine this →
Homes sold
—
Last 12 weeks
Days on market
—
Average pace
Active listings
28
Sale-to-list
—
Below asking
What does the Manitou Springs housing market data show?
| Metric | Value |
|---|---|
| Median list price | $624,500 |
| Active inventory | 28 listings |
| New listings (latest month) | 10 |
| Listings with a price cut | 42.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The Manitou 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 7.2x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Manitou Springs
There are currently 28 homes listed for sale in Manitou Springs, Colorado. The median listing price is $625K.
Active listings
28
Homes on market
Median list price
$625K
New this week
10
Newly listed
Who lives in Manitou Springs?
Population
4,796
Median income
$76,550/yr
Median age
44.9 years
Owner-occupied
56.8%
College grads
53.4%
Avg commute
26.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Manitou Springs?
Zillow home value
$552,906
Zillow rent index
$1,352/mo
Price-to-rent ratio
34.1x
Price-to-income
7.2x
Source: Zillow Research
What is it like to live in Manitou Springs?
Manitou Springs is a community of approximately 5K residents with a median age of 44.9 years.The median household income is $76,550, which reflects a relatively affluent area with strong earning potential. 53.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 56.8%, showing a blend of owner and renter-occupied properties. The average commute time is 26.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Manitou Springs offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Manitou Springs?
3 schools tracked · 1,038 students
The largest public schools serving Manitou 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.
Manitou Springs High School
Grades 9-12 · 400 students
Manitou Springs Elementary School
Grades PK-5 · 350 students
Manitou Springs Middle School
Grades 6-8 · 288 students
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 Manitou Springs, CO?
Want a head-to-head view? Compare Manitou Springs side-by-side with any other U.S. city using our market-comparison tool.
Is Manitou Springs a good real estate investment market?
For investors evaluating Manitou Springs, the price-to-rent ratio of 34.1x 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 Manitou Springs's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Manitou Springs's median home price.
Frequently asked questions
What is the median income in Manitou Springs?
The median household income is $76,550 per year.
What is the Zillow home value estimate for Manitou Springs?
The Zillow Home Value Index (ZHVI) for Manitou Springs is $552,906, representing the typical home value in the area.
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