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Featured local agent — Monument, CO
Sarah Mitchell
Compass Real Estate · Monument, CO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Monument, CO Housing Market & Real Estate
Housing market overview · Updated monthly ·
Is Monument a buyer's or seller's market?
Monument, CO is currently a balanced market. How we determine this →
Homes sold
—
Last 12 weeks
Days on market
—
Average pace
Active listings
116
Sale-to-list
—
Below asking
What does the Monument housing market data show?
| Metric | Value |
|---|---|
| Median list price | $695,000 |
| Active inventory | 116 listings |
| New listings (latest month) | 45 |
| Listings with a price cut | 36.2% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The Monument 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 6.6x provides context for how home values compare to local earning capacity.
Homes for sale in Monument
There are currently 116 homes listed for sale in Monument, Colorado. The median listing price is $695K.
Active listings
116
Homes on market
Median list price
$695K
New this week
45
Newly listed
Who lives in Monument?
Population
11,035
Median income
$114,654/yr
Median age
38 years
Owner-occupied
78.5%
College grads
57.5%
Avg commute
30.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Monument?
Zillow home value
$761,332
Zillow rent index
$2,148/mo
Price-to-rent ratio
29.5x
Price-to-income
6.6x
Source: Zillow Research
What is it like to live in Monument?
Monument is a community of approximately 11K residents with a median age of 38 years.The median household income is $114,654, which reflects a relatively affluent area with strong earning potential. 57.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 78.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Monument offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Monument?
8 schools tracked · 5,325 students
The largest public schools serving Monument, 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.
Lewis-Palmer High School
Grades 9-12 · 1,171 students
Palmer Ridge High School
Grades 9-12 · 1,103 students
Bear Creek Elementary School
Grades PK-6 · 789 students
Lewis-Palmer Middle School
Grades 7-8 · 782 students
Monument Charter Academy
Grades PK-5 · 649 students
Lewis-Palmer Elementary School
Grades PK-6 · 417 students
Prairie Winds Elementary School
Grades PK-6 · 370 students
Education reEnvisioned School
Grades K-12 · 44 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 Monument, CO?
Want a head-to-head view? Compare Monument side-by-side with any other U.S. city using our market-comparison tool.
Is Monument a good real estate investment market?
For investors evaluating Monument, the price-to-rent ratio of 29.5x 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 Monument's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Monument's median home price.
Frequently asked questions
What is the median income in Monument?
The median household income is $114,654 per year.
What is the Zillow home value estimate for Monument?
The Zillow Home Value Index (ZHVI) for Monument is $761,332, representing the typical home value in the area.
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