Colorado Springs, CO Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Colorado Springs, CO is a cooling market — favorable for buyers.

  • •Prices have declined 2.2% — a strong buyer's market with room to negotiate.
  • •Price-to-rent ratio: 22.3 — renting may be more affordable in the near term.

Median Home Value

$452,352

ZHVI

Year-over-Year

-2.2%

Price change

5-Year Change

+18.2%

Since 2021

Median Rent

$1,694/mo

ZORI

Active Listings

3,429

For sale

State Avg

$535,507

Colorado

Home Value Trends

5-year Zillow Home Value Index for Colorado Springs, CO vs. state and national averages.

Rent Data

Median Rent

$1,694/mo

Rent YoY Change

-0.2%

Rent vs. Buy Calculator

Other Markets in Colorado

Edwards, CO$1,297,839Steamboat Springs, CO$1,102,898Breckenridge, CO$972,836Glenwood Springs, CO$958,123Boulder, CO$713,733Durango, CO$661,671
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Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.