Is Monument, CO 80132 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Monument is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score33/ 100

More competitive than 29% of U.S. ZIP codes, and #155 of 239 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.2Under 4 months = seller’s market
Sold above original list9.9%Share of sales, last 3 months
Median sale-to-list98.5%Sold price ÷ list price
Median days on market48Listing to accepted offer
Median price per sq ft$225▼ −4.3% vs. last year

The Monument housing market right now

In the three months ending August 31, 2026, 10% of homes in Monument, CO 80132 sold above their list price, the typical home went under contract in 48 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 207 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (12% then), homes sold more slowly (42 days then) and the median sale price held steady to $744,428. Overall, Monument is less competitive than a year ago, which gives buyers more room.

Within El Paso County, homes here sell more slowly than in 64% of the county’s ZIP codes, and sell less often over asking than in 72%. On our competition score, Monument ranks #155 of 239 CO ZIP codes with enough sales (score 33 out of 100).

Nearby, buyers who want less competition could look at Colorado Springs 80939 (0% sold over asking) or Colorado Springs 80938 (0% sold over asking), while Colorado Springs 80951 (40% sold over asking) and Colorado Springs 80911 (31% sold over asking) are even more competitive.

Nearby markets

Calhan 80808Buyer’s market $235 /sq ftCascade 80809Balanced $344 /sq ftColorado Springs 80903Buyer’s market $318 /sq ftColorado Springs 80904Balanced $264 /sq ft Browse all markets →

Where Monument is

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Questions about Monument real estate

Is Monument a buyer’s or seller’s market?

A balanced market: there were 4.2 months of supply in Monument, CO 80132 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Monument?

The typical home went under contract in 48 days in the latest three months.

Do homes in Monument sell over asking?

10% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.

What are property taxes in Monument?

About 0.41% of a home’s value a year in El Paso County, or roughly $1,640 on a $400,000 home.

What is the median home price in Monument?

The median sale price was $744,428 in the three months ending August 31, 2026, about $225 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology