The Colorado Springs housing market is somewhat competitive. Homes in Colorado Springs receive 2 offers on average and sell in around 36 days. The median sale price of a home in Colorado Springs was $475K last month, up 6.7% since last year. The median sale price per square foot in Colorado Springs is $217, up 4.8% since last year.
What is the housing market like in Colorado Springs today?
$475K
Sale Price
+6.7% since last year
$217
Sale $/Sq. Ft.
+4.8% since last year
Under List Price
0.5%
Days on Market
36
Down Payment
14.7%
Total Homes Sold
606
To compare other locations to the Colorado Springs and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Colorado Springs's median sale price is 13% higher than the national average. Overall cost of living in Colorado Springs is 8% higher than the national average. Learn which home features in Colorado Springs add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Colorado Springs housing market?
Colorado Springs is somewhat competitive. Homes sell in 36 days.
0
100
62
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 36 days.
Hot homes
can sell for about 1% above list price and go pending in around 12 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Colorado Springs, CO
32.3%
-3.9 pt
United States
Colorado Springs Migration & Relocation Trends
In Feb '24 - Apr '24, 47% of Colorado Springs homebuyers searched to move out of Colorado Springs, while 53% looked to stay within the metropolitan area.
Where are people moving to Colorado Springs from?
Across the nation, 0.39% of homebuyers searched to move into Colorado Springs from outside metros.
Denver homebuyers searched to move into Colorado Springs more than any other metro followed by Los Angeles and Dallas.
Where are people from Colorado Springs moving to?
53% of Colorado Springs homebuyers searched to stay within the Colorado Springs metropolitan area.
Pueblo was the most popular destination among Colorado Springs homebuyers followed by Breckenridge and Nashville.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Colorado Springs
Explore recent offers and recently sold homes in Colorado Springs
Recent offers
Winning Offer|
11 Weeks Ago
~$300K Offer
2bd | 1ba | ~750sqft
Over List Price
3%
Days on Market
6
Competing Offers
2
Down Payment
—
Mercede Ragghianti
Colorado Springs Redfin Agent
Offer Not Accepted|
6 Weeks Ago
~$350K Offer
Sold for $375K
3bd | 3ba | ~1,500sqft
Under List Price
4%
Days on Market
32
Competing Offers
4
Down Payment
—
Victor Mayorga
Colorado Springs Redfin Agent
Offer Not Accepted|
7 Weeks Ago
~$425K Offer
Sold for $450K
2bd | 2ba | ~3,500sqft
Over List Price
16%
Days on Market
12
Competing Offers
25
Down Payment
—
Al Saiz
Colorado Springs Redfin Agent
Offer Not Accepted|
7 Weeks Ago
~$750K Offer
Sold for $750K
5bd | 4ba | ~4,000sqft
Under List Price
3%
Days on Market
34
Competing Offers
3
Down Payment
—
Kat Cannon
Colorado Springs Redfin Agent
Offer Not Accepted|
4 Weeks Ago
~$350K Offer
Sold for $400K
3bd | 3ba | ~2,000sqft
Under List Price
7%
Days on Market
10
Competing Offers
2
Down Payment
—
Al Saiz
Colorado Springs Redfin Agent
View houses in Colorado Springs that sold recently
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Colorado Springs housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Colorado Springs.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Colorado Springs has a moderate risk of flooding. 13,619 properties in Colorado Springs are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Colorado Springs. Flood risk is increasing slower than the national average.
97% of properties are at risk of wildfire over the next 30 years
Fire Factor
Colorado Springs has a severe risk of wildfire. There are 164,941 properties in Colorado Springs that have some risk of being affected by wildfire over the next 30 years. This represents 97% of all properties in Colorado Springs.
Colorado Springs has minimal risk of severe winds over the next 30 years
Wind Factor
Colorado Springs has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
89% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Colorado Springs has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 89% of homes in Colorado Springs have a Minor Heat Factor®.
Colorado Springs is expected to see a 171% increase in the number of days over 88ºF over the next 30 years. Colorado Springs is expected to experience 7