Colorado Springs - CO housing market

The typical Colorado Springs home is worth $446,711 as of September 2026, up 0.1% from the prior month, up 0.1% over three months, and down 1.4% from a year ago. Over the past two years values have ranged from $446,147 to $464,790.

Homes are going pending in about 36 days, slower than the 21 days seen three months earlier. There are roughly 4,913 homes for sale, 3% more than a year ago. 38.1% of listings have taken a price cut (up from 33.5% three months ago).

Typical rent is $1,764 a month, up 3.0% year over year, which puts the price-to-rent ratio at 21.1.

At this week's 7.32% mortgage rate with 20% down ($89,342), the typical Colorado Springs home costs about $3,013 a month including tax and insurance, which needs a household income of roughly $129,100 to stay under a 28% payment-to-income ratio.

The typical home value ($446,711) 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 1.4% over the past year. A home worth $453,054 last year is now worth roughly $446,711.

The median sale price, what homes actually close for, is $452,499. Homes are selling at 99.0% of list price, meaning buyers have room to negotiate.

Homes listed in Colorado Springs - CO sit on the market for roughly 36 days before going pending. Shorter = seller's market; longer = buyer's market.

About 38.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,135 new listings hit the market each month in Colorado Springs - CO. There are currently 4,913 homes for sale, up 3.3% from a year ago.

The typical monthly rent in Colorado Springs - CO is $1,764, up 3.0% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 21.1x, renting territory (#38 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.32% 30-year rate, runs about $2,455 a month in principal and interest, $691 more than renting before taxes, insurance and upkeep. The two break even at a 4.28% 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 October 2026. Methodology →