Market report · CO

Colorado Springs, CO

Balanced's market

Softening prices and 51% of homes selling below list — Colorado Springs is one of the cleaner buyer markets in the country right now.

DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026

$451k
Typical home value
↓1.7%
-2.1%
YoY change
$1,712
Median rent
↑1.7%
4.55%
Gross yield
20
Median DOM
47/100
MDR score
Detail Value Detail Value
Median list price $460,000 Median sale price $438,333
Sale-to-list ratio 0.997 % sold below list +50.8%
Active inventory 2,649 New listings 963
Trends · 36-month series

How Colorado Springs has moved.

Typical home value $459k → $451k · ↓1.7% (36mo)
$451k $457k $462k $468k May 23Nov 24Apr 26
Median rent (ZORI) $2k → $2k · ↑1.7% (36mo)
$2k $2k $2k $2k May 23Nov 24Apr 26
Median days on market 51d → 20d · ↓60.6% (36mo)
20d 31d 41d 51d Feb 26Mar 26Apr 26
Sale-to-list ratio 0.991 → 0.997 · ↑0.6% (36mo)
0.991 0.993 0.995 0.997 Jan 26Feb 26Mar 26

Colorado Springs sits at a median home value of $451,202 as of the latest Zillow read, down 2.1% year-over-year — a meaningful softening that’s putting deal flow back on the table for cash buyers.

The sale-to-list ratio of 0.997 signals a balanced market — neither bid wars nor fire sales dominate. 50.8% of closings land below list, leaving room to negotiate on the right deal but no broad discount across the board.

Rents are workable but not generous. ZORI of $1,712/mo against a $451k median gives a 4.55% gross yield — average for the metro tier, requiring tight underwriting on any hold.

Median days-on-market is running around 20 days against 2,649 active listings — that’s a fast-moving market. Speed is the moat; pre-arranged proof of funds and a tight buyers list are the difference between getting under contract and getting outbid.

MDR’s composite investor score for Colorado Springs is 47/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. Lower tier this quarter. Watch list, not deploy list — re-evaluate next read.

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FAQ

Colorado Springs for investors.

Is Colorado Springs a good market for real estate investors in 2026?

Metro Deal Report's composite investor score for Colorado Springs is 47/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. Colorado Springs is a lower-tier market right now. Watch list, not deploy list, until the numbers shift.

What is the median home price in Colorado Springs?

The typical home value in Colorado Springs as of the most recent Zillow read is $451,202. Median list price is $460,000 and median sale price is $438,333. Year-over-year change: -2.1%.

What can a landlord expect to rent a property for in Colorado Springs?

Zillow's Observed Rent Index for Colorado Springs is $1,712/mo. Against the typical home value of $451k, that produces a gross annual rent yield of 4.55% — right at the national baseline, requiring tight underwriting on holds.

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

Colorado Springs's current sale-to-list ratio is 0.997 with 50.8% of homes closing below list. That's a balanced market — neither side dominates. Median days on market: 20 days. Active inventory: 2,649 listings.

Which investment strategy works best in Colorado Springs?

Colorado Springs's data favors a mixed approach — no single strategy dominates, so selective deal sourcing wins. See the per-strategy breakdowns at /wholesaling/colorado-springs, /brrrr/colorado-springs, and /flipping/colorado-springs.

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