Colorado Springs - CO housing market
The Colorado Springs metro has a typical home value of $457,324, down 2.0% from a year ago. Homes sell in 23 days on average - a balanced market. 28% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($457,324) 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 2.0% over the past year. A home worth $466,657 last year is now worth roughly $457,324.
The median sale price , what homes actually close for , is $449,327. Homes are selling at 98.9% of list price, meaning buyers have room to negotiate.
Homes listed in Colorado Springs - CO sit on the market for roughly 23 days before going pending. Shorter = seller's market; longer = buyer's market.
About 27.8% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 1,366 new listings hit the market each month in Colorado Springs - CO. There are currently 3,904 homes for sale, up 16.9% from a year ago.
The typical monthly rent in Colorado Springs - CO is $1,752, up 0.7% year over year. For investors, the price-to-rent ratio here is roughly 22x annual rent.
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.
Other metros in CO
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Denver - CO | $575,130 | -3.1% | 14.0d |
| Fort Collins - CO | $556,811 | -1.6% | 28.0d |
| Boulder - CO | $728,816 | -2.9% | 23.0d |
| Greeley - CO | $497,596 | -2.6% | 32.0d |