GITNUX MARKETDATA REPORT 2024

Statistics About The Average Home Price Colorado Springs

The average home price in Colorado Springs is $493,200.

In this post, we will explore the latest statistics and trends regarding the average home price in Colorado Springs. From the current average home price of $425,000 to predictions for the housing market’s growth in 2023, we’ll dive into key figures such as home price increases, mortgage rates, down payments, market dynamics, and neighborhood-specific data. Stay tuned to gain valuable insights into the real estate landscape in Colorado Springs.

Statistic 1

"The average home price in Colorado Springs is $425,000 as of 2022,"

Sources Icon

Statistic 2

"Colorado Springs ranks 25th in the country for home price increases,"

Sources Icon

Statistic 3

"Colorado Springs’ housing market is predicted to grow by 8% in 2023,"

Sources Icon

Statistic 4

"The average mortgage rate in Colorado Springs for a 30-year fixed loan is 3.75%,"

Sources Icon

Statistic 5

"Average down payment for a home in Colorado Springs is $42,500,"

Sources Icon

Statistic 6

"25% of homes in Colorado Springs sold above the asking price,"

Sources Icon

Statistic 7

"The average time homes spend on the market in Colorado Springs is 32 days,"

Sources Icon

Statistic 8

"The average home price in the Old Colorado City neighborhood is $375,000,"

Sources Icon

Statistic 9

"Average price for a single-family home in Colorado Springs is $443,000,"

Sources Icon

Statistic 10

"Colorado Springs was one of the top 10 housing markets for retirees in 2021,"

Sources Icon

Statistic 11

"The average condo price in Colorado Springs is $275,000,"

Sources Icon

Statistic 12

"The average rent for a home in Colorado Springs is $1,800 per month,"

Sources Icon

Statistic 13

"Colorado Springs’ average home value has increased by 30% over the past three years,"

Sources Icon

Statistic 14

"The average price per square foot in Colorado Springs is $210,"

Sources Icon

Statistic 15

"Colorado Springs housing market ranked 7th in growth in 2021,"

Sources Icon

Statistic 16

"Home prices in Colorado Springs have increased by 15% year-over-year,"

Sources Icon

Statistic 17

"New home construction in Colorado Springs rose by 10% in 2021,"

Sources Icon

Statistic 18

"The affordability index for Colorado Springs is 151,"

Sources Icon

Statistic 19

"The average home price in the Northeast neighborhood of Colorado Springs is $465,000,"

Sources Icon

Statistic 20

"The median listing home price in Colorado Springs is $409,900,"

Sources Icon
In conclusion, the housing market in Colorado Springs is experiencing significant growth and presents opportunities for both buyers and sellers. With an average home price of $425,000 and a predicted 8% market growth in 2023, Colorado Springs is showing strong resilience and attractiveness. The city’s average mortgage rate of 3.75% and a 30-year fixed loan, along with homes spending an average of 32 days on the market, reflect a dynamic market with opportunities for both buyers and sellers. Additionally, the city’s status as one of the top 10 housing markets for retirees, coupled with an average home value increase of 30% over the past three years, underlines its appeal as a location for long-term investment and residency.

Can You Trust Our Report?

The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.

Learn more about our process here.

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!