Colorado Springs - CO housing market
The Colorado Springs metro has a typical home value of $455,359, down 1.5% from a year ago. Homes sell in 24 days on average, a balanced market. 36% of listings have had a price cut. Data from Zillow Research, updated monthly.
Colorado Springs housing market, September 2026
The typical Colorado Springs home is worth $455,359 as of July 2026, down 0.0% from the prior month, down 0.7% over three months, and down 1.5% from a year ago. Over the past two years values have ranged from $455,359 to $474,388.
Homes are going pending in about 24 days, slower than the 23 days seen three months earlier. There are roughly 4,761 homes for sale, 2% more than a year ago. 36.1% of listings have taken a price cut (up from 27.8% three months ago).
Typical rent is $1,791 a month, up 1.6% year over year, which puts the price-to-rent ratio at 21.2.
At this week's 6.71% mortgage rate with 20% down ($91,072), the typical Colorado Springs home costs about $2,922 a month including tax and insurance, which needs a household income of roughly $125,200 to stay under a 28% payment-to-income ratio.
Income needed to buy assumes 20% down, a 30-year fixed mortgage at 6.71% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →
How to read this data
The typical home value ($455,359) is the Zillow Home Value Index for the Colorado Springs - CO metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are down 1.5% over the past year. A home worth $462,293 last year is now worth roughly $455,359.
The median sale price, what homes actually close for, is $456,454. Homes are selling at 99.2% of list price, meaning buyers have room to negotiate.
Homes listed in Colorado Springs - CO sit on the market for roughly 24 days before going pending. Shorter = seller's market; longer = buyer's market.
About 36.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 1,448 new listings hit the market each month in Colorado Springs - CO. There are currently 4,761 homes for sale, up 2.4% from a year ago.
The typical monthly rent in Colorado Springs - CO is $1,791, up 1.6% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 21.2x, renting territory (#39 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.71% 30-year rate, runs about $2,353 a month in principal and interest, $562 more than renting before taxes, insurance and upkeep. The two break even at a 4.24% rate.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →
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Other metros in CO
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Denver - CO | $566,529 | -2.3% | 21.0d |
| Fort Collins - CO | $554,636 | -0.9% | 19.0d |
| Boulder - CO | $718,693 | -1.4% | 25.0d |
| Greeley - CO | $495,353 | -2.2% | 21.0d |