Colorado Springs CO Housing Market: Prices, Inventory and Pace
Colorado Springs prices, listings and sales pace can look different depending on the source and the measure. This guide explains what the current figures mean for buyers and sellers.
The Colorado Springs CO housing market is somewhat competitive right now, according to Redfin, which scores it 60 out of 100 [1]. That score suggests you may face some competition for well-priced homes, so it helps to be ready to act when one comes up. Redfin also reports an average house price of $445K last month [1].
Listing-based figures from Realtor.com put the median listing price at $449,000 [2]. These are different measures, one an average house price and the other a median of listing prices, so the two numbers should not be compared directly. Use them together as a rough picture of where prices sit.
Figures also differ by provider and month, so compare like with like. Track one source over several months to see the direction of change, rather than mixing sources in the same comparison. The rest of this article breaks down prices, inventory, and how fast homes sell.
Why do Colorado Springs price figures differ so much?
The median and the average are both correct, but they measure different things, which is why Colorado Springs figures often look far apart. A median is the middle sale price, and an average is pulled up by a few expensive homes [3]. In a market with a handful of luxury sales, the average can rise while the median barely moves.
For a buyer, this matters when you set a budget. The average tells you what the total of sales works out to, while the median tells you where the typical home sold. Using the wrong one can make a typical home look out of reach or affordable by mistake.
October 2026 figures
Greatcoloradohomes reports an average home price of $545,660 in its October 2026 update [3]. The same update gives a median of $479,000 [3]. The gap between them shows that a small number of higher-priced sales is lifting the average above the middle of the market.
May 2026 figures
KOAA reports a single-family median sales price of $549,000 for May 2026 [4]. This figure covers only single-family homes and a different month than the Greatcoloradohomes update. It is not a direct replacement for the October median, so do not treat the two as a price trend.
Before you compare two numbers, note whether each one covers listings or closed sales, and which month it describes.
How many homes are for sale in Colorado Springs?
Realtor.com lists 4975 homes for sale in Colorado Springs, CO [2]. That is the higher of the two counts, and it gives you a broad set of listings to browse across price ranges and neighborhoods.
Zillow lists 4005 homes for sale in the same city [5]. That smaller number does not mean fewer homes are actually available. It means the count on that site is different.
The gap comes from how each site collects its data. Each site tracks its own listings, so a home can appear on one site and be missing or counted differently on the other. Neither figure is an official count of homes for sale, so treat each one as a snapshot from a single website.
For a buyer, the count shows how many options you may have to compare. A larger count can mean more choice, but it does not tell you whether the homes are priced well or suit your needs. For a seller, the count shows how many competing listings your home would sit beside.
To see whether supply is growing or shrinking, pick one site and record its count at the same point each month. A single number tells you little, but a steady series shows the direction of change.
How fast are homes selling in Colorado Springs?
Average days on market fell from 74 in January to 48 in July, while the average sale price stayed around the same level [6].
That drop is 26 fewer days on the market. A home that once took about ten weeks to sell now takes closer to seven. The price trend is flat, so the change is in how long homes wait, not in what they sell for.
Sales activity is also up. Single-family home sales increased 10% in El Paso County, according to a June 2026 report [4]. More closed sales means more buyers are competing for the homes that are listed.
What this means for buyers
Fewer days on market leaves you less time to decide. If you want a home that is priced well and in good condition, plan to make your offer soon after it lists. Waiting a week or two may mean the home is already under contract.
What this means for sellers
Homes that sell quickly give sellers more pricing power. A home that sells in a few weeks is a sign that buyers are willing to act, so you have less reason to accept a low first offer. Sellers who price near the market average and prepare the home before listing are the ones most likely to benefit from a faster pace.
Days on market is one measure. Pair it with price and inventory figures before you decide, because one fast month does not describe the whole market.
How much have Colorado Springs home prices risen over time?
Home prices in Colorado Springs rose 140% from 2012 to the date of a Common Sense Institute report, and 49% from the start of the COVID-19 pandemic through June 2022. [7] Both figures describe past growth, not what homes cost today.
A 140% rise means prices more than doubled over that period. The percentage shows how far the market has moved, but it is an average trend, so it does not tell you what any single house is worth.
The 49% figure covers a shorter stretch, beginning with the start of the COVID-19 pandemic. [7] It shows that prices climbed quickly during those months. That pace was not a steady rate, so do not assume it will repeat.
The report is dated February 1, 2023, so it describes past growth, not current conditions. [7] Prices you see today reflect changes made after that date, and they may not follow the trend the report describes.
Past growth does not predict future prices. A steep climb over several years does not mean prices will keep rising, and it does not mean they will fall. Use these figures to understand how the market has behaved, then judge current prices and inventory on their own terms before you buy or sell.
What do these numbers mean if you are buying or selling?
For buyers and sellers, the median sale price and days on market matter most, but only when both describe the same home type and the same period.
If you are buying
Start by finding the median price for the home type you want, such as single-family homes or condos. A citywide figure mixes every property type, so it can point you toward the wrong budget. Use the median for your type as a baseline, not the highest listing you see.
Next, check days on market for those same homes. If comparable homes sell within days, expect little room to negotiate on price. If they sit for weeks, you have more room to ask for repairs, credits, or a lower price.
If you are selling
A sale price near the median and fast days on market suggest the market is working in your favor. That is a signal, not a guarantee. A busy street, a condition problem, or a school boundary can pull your home far from the citywide figures.
Compare your home with recent sales on your own street and in your price range before you set a list price. A home priced above those sales may sit longer, even in a fast market.
Check the month and source
Every figure has a month and a provider behind it. Redfin's Colorado Springs market page reports its average house price for last month [1]. A Fox21 report dated August 18, 2026 compares January and July days-on-market figures [6].
Keep a price from one site and days on market from another separate in your notes, or you may compare figures that do not describe the same period. Write the month and provider beside each number, so your comparison stays like for like.
Where should you go next with Colorado Springs housing data?
The one thing to remember is that Colorado Springs prices range from about $445,000 to $549,000, depending on the measure and the month [1][4]. The low end is an average house price for last month from Redfin, and the high end is a single-family median for May from KOAA [1][4].
Don't rely on one statistic. Use median prices, inventory counts and days on market together. Your next step is to pick the price measure and time period that match your purchase or sale, then track them monthly so you compare the same measure from one month to the next.
Sources
- Colorado Springs Housing Market Trends
- Colorado Springs, CO Homes for Sale & Real Estate
- Colorado Springs Housing Market Update: October 2026
- Colorado Springs-area housing market gains momentum ...
- Colorado Springs CO Real Estate & Homes For Sale
- Colorado Springs housing market enters a new normal, ...
- Colorado Springs Housing Affordability Report