Colorado Springs, CO Home Values & Market Trends

Real estate market trends reflect that there have been 10,725 transactions over the past year in Colorado Springs. The median value for residential home transactions that occurred over the previous year is $430,430.25. The number of current listings in Colorado Springs is 1,365, and the percentage of properties for sale in the city is 1365.00%. Colorado Springs, CO currently has 213 properties in foreclosure, 2 bank owned properties, 211 properties headed for auction, and 1,365 properties for sale.

Colorado Springs, CO Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
80906

$ 561,855

$ 224/sqft

80904

$ 515,362

$ 258/sqft

80918

$ 410,872

$ 215/sqft

80927

$ 499,900

$ 192/sqft

80911

$ 370,918

$ 191/sqft

80903

$ 464,825

$ 286/sqft

80921

$ 723,902

$ 206/sqft

80951

$ 399,621

$ 182/sqft

80919

$ 558,022

$ 194/sqft

80939

$ 504,812

$ 177/sqft

80923

$ 450,111

$ 184/sqft

80926

$ 835,000

$ 253/sqft

80925

$ 451,844

$ 178/sqft

80930

$ 850,000

$ 272/sqft

80916

$ 335,202

$ 221/sqft

80938

$ 493,116

$ 195/sqft

80917

$ 391,604

$ 201/sqft

80928

$ 436,798

$ 293/sqft

80910

$ 326,573

$ 216/sqft

80941

$ --

$ --

80909

$ 374,997

$ 203/sqft

80995

$ --

$ --

80908

$ 705,102

$ 221/sqft

80929

$ --

$ --

80905

$ 337,286

$ 242/sqft

80902

$ --

$ --

80920

$ 538,660

$ 201/sqft

80977

$ --

$ --

80922

$ 397,340

$ 203/sqft

80914

$ --

$ --

80907

$ 440,000

$ 239/sqft

80913

$ --

$ --

80924

$ 629,969

$ 184/sqft

80946

$ --

$ --

80915

$ 383,996

$ 213/sqft

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Housing Market Summary for Colorado Springs, CO

Mar 2023February 2024Change
Median Listing Price$448K$430K-4.02%
Median Sold Price$437.4K$430K-1.70%
Homes For Sale1,1031,31519.22%
Homes Sold6,1885,862-5.27%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Colorado Springs, CO

Colorado Springs home values range from $27,525 to $10,492,937. The median estimated value of a home in Colorado Springs is $430,430.25. The median list price of a home is 450,000, and the total count of properties in the city is 188,711.

Foreclosure
There are 35 zips within Colorado Springs, CO; within these zips, the median estimated home value for homes in foreclosure ranges from $743,405 in 80922 to the lowest value of $231,335 in 80922. Foreclosure homes account for 0.00% of properties in Colorado Springs, CO with 80911 containing 27 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Colorado Springs, CO with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 35 zips within Colorado Springs, CO; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Colorado Springs, CO ranges from the highest value of $347,248 in 80906 to the lowest value of $347,248 in 80911. Bank owned homes and properties account for 0.00% of properties in Colorado Springs, CO. There are 35 zips within Colorado Springs, CO; 80911 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    80911 has 26 auction properties, the highest number of properties going to auction in a single zip in the state of Colorado Springs, CO. Auction homes and other auction properties account for 0.11% of all properties in Colorado Springs, CO. There are 35 zips within Colorado Springs, CO; of those zips, the median estimated home value for homes going to auction ranges from $437,597 in 80924 to the lowest value of $231,335 in 80924.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.72% of residential properties in Colorado Springs, CO with 80906 containing 180 homes for sale, the highest number of listed properties in a single zip. There are 35 zips within Colorado Springs, CO; homes for sale in those zips, have a range of median values from $923,353 in 80930 to the lowest value of $116,328 in 80906.
    Sold Homes
    The median value for recently sold homes ranges from $749,200 in 80929 to the lowest price of $35,052 in 80929. There are 35 zips within Colorado Springs, CO. 80918 has 419 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.00% of properties in Colorado Springs, CO.

      Compare Nearby Cities

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      Guide for Colorado Springs, CO

      Tennessee
      Colorado Springs Property Market Maintains Sturdy Performance in 2023
      A Luxury Mansion
      Investing Strategies
      Winning A Luxury Real Estate Auctions: Key Tips
      California
      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California
      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
      See More Articles
      Colorado Springs Property Market Maintains Sturdy Performance in 2023
      Tennessee|posted 2 February 2024

      Delving into property market trends from 2023 to 2024 in Colorado Springs and neighboring cities, this overview highlights fluctuations in property values, sold prices, and sales volumes. While revealing diverse trends, Sedalia stands out with its significantly high median values.

      A Luxury Mansion
      Winning A Luxury Real Estate Auctions: Key Tips
      Investing Strategies|posted 1 March 2024

      A few quick tips to prepare you for selling a luxury home at auction

      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California|posted 1 March 2024

      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.

      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
      California|posted 1 March 2024

      Santa Ana’s real estate market thrives with fluctuating median property values and diverse submarkets. Recent trends indicate potential opportunities for investors with varied budgets despite market volatility, enhanced by Santa Ana’s comparatively low foreclosure rates and value-for-money square foot pricing.