Is Colorado Springs, CO 80908 a buyer’s or seller’s market?

The Colorado Springs housing market right now

In the three months ending August 31, 2026, 5% of homes in Colorado Springs, CO 80908 sold above their list price, the typical home went under contract in 56 days and there were 6.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 173 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold more slowly (53 days then) and the median sale price fell 6% to $649,719. Overall, Colorado Springs is less competitive than a year ago, which gives buyers more room.

Within El Paso County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell less often over asking than in 83%. On our competition score, Colorado Springs ranks #197 of 239 CO ZIP codes with enough sales (score 20 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.