Is Cascade, CO 80809 a buyer’s or seller’s market?

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

Cascade is a balanced market. With about 5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list96.9%Sold price ÷ list price
Median days on market34Listing to accepted offer
Median price per sq ft$344▼ −0.4% vs. last year

The Cascade housing market right now

In the three months ending August 31, 2026, 14% of homes in Cascade, CO 80809 sold above their list price, the typical home went under contract in 34 days and there were 5 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 14 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold faster (56 days then) and the median sale price fell 11% to $464,499. Overall, Cascade is more competitive than a year ago, so tougher for buyers.

Within El Paso County, homes here sell faster than in 89% of the county’s ZIP codes, and sell less often over asking than in 64%.

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 ftColorado Springs 80903Buyer’s market $318 /sq ftColorado Springs 80904Balanced $264 /sq ftColorado Springs 80905Balanced $264 /sq ft Browse all markets →

Where Cascade is

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Questions about Cascade real estate

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

A balanced market: there were 5 months of supply in Cascade, CO 80809 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 Cascade?

The typical home went under contract in 34 days in the latest three months.

Do homes in Cascade sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.

What are property taxes in Cascade?

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 Cascade?

The median sale price was $464,499 in the three months ending August 31, 2026, about $344 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