Colorado Springs

Median Home Price in Colorado Springs: What the Numbers Mean

Colorado Springs median home prices in 2026 range from about $441,000 to $479,000 depending on the data provider and the date. This guide explains what the median measures and why the numbers differ.

Housing Ledger Editorial

13 Oct 2026 • 6 min read

The median home price in Colorado Springs is $441,553 according to Zillow, as of August 2026 ^[1]. Realtor.com reports a median listing price of $449,000 for homes currently for sale ^[2]. To go further, see Palm Springs Median Home Price: What the Latest Figures Mean.

The two numbers differ because each source measures something different over a different period. Zillow's figure is a median home value, an estimate of what homes are worth. Realtor.com's figure is a median of asking prices for homes on the market now. Neither number is wrong, but you should not treat them as the same figure. Learn more in Colorado Springs CO Housing Market: Prices, Inventory and Pace.

This article explains what a median is, why the sources disagree, and how to use these figures when you buy or sell in Colorado Springs.

How does a median differ from an average home price?

A median is the middle price when every sale is lined up from lowest to highest, and an average is the total of all prices divided by the number of sales. The two can differ a lot when a few sales are far above the rest.

To find a median, sort every sale by price and pick the one in the center. If the number of sales is even, the median is the midpoint between the two middle prices. For example, if one sale in a group is far more expensive than the others, it still sits at the top of the list, so the median stays near the typical sale.

An average works differently. It adds every sale price together and divides by the number of sales. A few expensive homes count in full toward that total, so they can pull the average up even when most homes sold for less.

Colorado Springs shows this gap in its price history. The average priced home rose 119% from $218,707 to $479,043, as of December 2022 ^[3]. Because that figure is an average, it shows how the total moved, including the high-priced sales, rather than what the typical home sold for. You may also find this useful: Average Rent in Colorado Springs by Home Size and Source.

When you read a price figure, check which measure it uses. An average shows the pull of the highest sales, while a median shows where a typical sale landed. If you are estimating what a home in your price range might sell for, the median gives you the more realistic starting point. Related reading: Current Median Home Price 2026: What the Latest Data Shows.

Close-up of a desk with a calculator, pen, and printed home listing sheets showing various sale prices in dollars.

Why do Colorado Springs price figures differ by source?

Each source reports a different median because each one measures a different thing over a different period.

^[1]^[2]^[4]^[5]^[6]

Listing prices and sale prices

A listing median and a sale median answer different questions, so do not compare them directly. A listing price is what the seller asks, and the price a buyer finally pays can differ from it. Compare a listing median only with other listing medians, and a sale median only with other sale medians.

For example, if you are pricing a home to sell, a listing median tells you what nearby sellers are asking. A sale median tells you what nearby homes actually sold for. Those are two different benchmarks, and mixing them can push your price too high or too low.

Dates change the picture

The period behind each figure matters as much as the measure. Put the date next to every number you use.

Great Colorado Homes shows how far one month can move the figure. A single month alone can make a price look steady or shifting, so read the period with the number.

Stack of printed market reports on a wooden desk beside an open laptop with a spreadsheet.

How have Colorado Springs median sale prices changed over time?

The latest readings

Redfin reports a median sale price of $460K over the last 3 months, down 3.2% from the same period a year earlier ^[4]. Because it covers three months, this figure smooths out a slow or unusually busy month.

SoFi reports a narrower window. The median sale price was $450,000 in May 2026, down 3.3% from May 2025 ^[6]. A single month can swing with a handful of sales, so this number may move more than the three-month figure does.

Both figures cover all home types, which makes them the fairest pair to compare with each other.

The 2025 peak

The record came in summer 2025. For the first time, the median price for a single-family home reached $500,000 ^[7]. It broke the previous record of $499,000 set the summer before ^[7].

This peak covers only single-family homes.

How to use these readings

For example, a single-family home priced near that peak sits at the top of the recent range, while a condo or townhome is better judged against the all-home medians.

Use the three-month figure for a steadier picture and the single-month figure for a snapshot of recent activity. Neither one tells you what a specific home will sell for.

How should you use these numbers when you buy or sell?

Compare a home's price with the median for its own home type and area, not the citywide figure. An all-homes median mixes condos, townhomes and single-family houses, so it can sit well above or below the price of the home you are considering. Pick the figure that matches your property before you judge a price.

Match the home type and area

Start with the property type. If you are looking at a three-bedroom single-family house, compare it with the single-family median for the same area, not the all-homes median. Use the same geographic scope too, so a neighborhood figure is not set against a county-wide one.

Those two prices cannot be judged against one number. Each needs its own median, and the house's median is the one that tells you whether its price is high or low.

Check whether the figure covers sales or listings

Before you compare, find out whether the figure counts homes that sold or homes still for sale. A sale median shows what buyers actually paid. A listing median shows asking prices, which may end up above or below the final sale price.

Mixing the two causes mistakes. If you set a listing median next to your offer, your offer may look low even when it matches recent sales. When you price a home to sell, use sale data for what homes closed at, and listing data only for what competing homes are asking.

Why the property type changes the answer

An all-homes median and a single-family median can tell different stories in the same year. The median for a single-family home reached $500,000 in 2025, a record ^[7]. A reader who looked only at the all-homes figure would have missed how far the single-family market had moved.

Ask which home type and which area a figure covers, and whether it counts sales or listings. Then compare only like with like.

Which figure should you trust for Colorado Springs?

Use a sale-price median when you want to know what homes actually sold for, and a listing median when you want to know what sellers are asking. Both are useful, but they answer different questions, so choose the one that fits yours before you compare any figures.

Next, make sure the date and property type match your question. A median for all homes can differ from a median for single-family homes, so a figure for a different home type tells you little about the property you want. Treat any single figure as a snapshot of one period, not a forecast of where prices are heading. Your next step is to find the sale-price median for the same home type and recent months you plan to buy or sell in, then compare it with the listing figure.