Colorado Springs, CO Housing Market

Cool Market

Metro-level monthly sale metrics for rental investors — prices, inventory, pace, and negotiation signals. Figures represent the Colorado Springs, CO metro area.

Data period: May 2026

Market snapshot

Active inventory
4,203
Listings with price drop
35.0%
Data month
May 2026

Pair this view with the rental property calculator, DSCR calculator, and cap rate calculator — or browse all calculators.

Rental Investor Snapshot

Labels below come from monthly sale-market indicators only. True cash flow requires local rent, taxes, insurance, vacancy, and expense assumptions — model those in the rental calculator, then sanity-check against sale-speed signals here.

Market temperature
Balanced
Buyer leverage
High
Investor fit (heuristic)
Negotiation

Watch-outs

  • Elevated price cuts can signal negotiation room — verify condition, rents, and comps street-by-street.

Suggested next step: Run a rental property analysis with your own rent, financing, vacancy, and expense assumptions — then sanity-check against this market's sale-speed and negotiation signals.

Cool Market

Buyer activity is slowing, creating more negotiating room.

Colorado Springs, CO market summary

The Colorado Springs, CO metro area housing market is cooling down. As of May 2026, the median home sale price is N/A.

There are 4,203 homes for sale — 2.4% fewer than last year. 1,586 new listings were added during this period, down 15.4% year-over-year.

25.9% of homes sell above their asking price. 35.0% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

63

Contributing Factors

Price Drops 35.0%
Market Temperature Cool

How This Market Compares

vs. National Median

Inventory (National: 1,460,440) 99.7%

vs. Colorado Median

Investor takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.

Colorado Springs, CO market trends

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Detailed market metrics

Median list price

$485K

Price per sq ft

N/A

Sale-to-list ratio

N/A

Months of supply

N/A

Sold above list

25.9%

Price drops

35.0%

New listings

1,586

15.4% YoY

Pending sales

1,438

Off market in 2 weeks

32.0%

Colorado Springs, CO housing market FAQs

What is the median home price in Colorado Springs, CO?

The latest published month in our dataset does not include a median sale price for Colorado Springs, CO. Check back after the next data refresh, and use the rental property calculator with your own rent assumptions when you underwrite deals.

Is Colorado Springs, CO a buyer's or seller's market?

The latest month shown here does not include months of supply for Colorado Springs, CO, so we do not call it a buyer's or seller's market from that metric alone. Review days on market, sale-to-list ratio, and price cuts alongside local comps.

How long do homes stay on the market in Colorado Springs, CO?

The latest month shown here does not include median days on market for Colorado Springs, CO.

Is Colorado Springs, CO good for rental property investors?

Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. Colorado Springs, CO can still work for rentals if the numbers work on a deal-by-deal basis — use local rent comps, financing, vacancy, and expenses in the rental property calculator.

How should investors analyze a rental property in Colorado Springs, CO?

Start with purchase price, financing, rent, vacancy, operating expenses, and capital repairs. Stress-test rates and rent. Will It Flow’s rental property calculator is built to translate those inputs into cash flow, DSCR, cap rate, and cash-on-cash return for Colorado Springs, CO deals.

National context

Step up to the U.S. housing market hub for national trends, then browse top metro markets by sales activity.

Underwrite a Colorado Springs, CO deal with real numbers

Use Will It Flow for cash flow, DSCR, cap rate, and cash-on-cash return — free and fast.

Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.