Colorado Springs - CO housing market
The Colorado Springs metro has a typical home value of $457,300, down 1.9% from a year ago. Homes are moving fast at 19 days on market - a strong seller's market. 30% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($457,300) 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 1.9% over the past year. A home worth $466,157 last year is now worth roughly $457,300.
The median sale price , what homes actually close for , is $446,329. Homes are selling at 99.1% of list price, meaning buyers have room to negotiate.
Homes listed in Colorado Springs - CO sit on the market for roughly 19 days before going pending. Shorter = seller's market; longer = buyer's market.
About 30.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 1,505 new listings hit the market each month in Colorado Springs - CO. There are currently 4,259 homes for sale, up 11.7% from a year ago.
The typical monthly rent in Colorado Springs - CO is $1,767, up 0.8% 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 | $573,221 | -2.9% | 14.0d |
| Fort Collins - CO | $556,500 | -1.5% | 16.0d |
| Boulder - CO | $727,954 | -2.6% | 16.0d |
| Greeley - CO | $497,279 | -2.6% | 19.0d |