Is Colorado Springs, CO 80909 a buyer’s or seller’s market?
Colorado Springs is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 49% of U.S. ZIP codes, and #79 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
The Colorado Springs housing market right now
In the three months ending August 31, 2026, 21% of homes in Colorado Springs, CO 80909 sold above their list price, the typical home went under contract in 37 days and there were 4.5 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 115 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (22% then), homes sold faster (40 days then) and the median sale price held steady to $385,083. Overall, Colorado Springs is about as competitive as it was a year ago.
Within El Paso County, homes here sell faster than in 72% of the county’s ZIP codes, and sell more often over asking than in 78%. On our competition score, Colorado Springs ranks #79 of 239 CO ZIP codes with enough sales (score 49 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.
Run the numbers for 80909
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 →Towns like Colorado Springs nearby
Find towns like Colorado Springs in other states →Where Colorado Springs is
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Questions about Colorado Springs real estate
Is Colorado Springs a buyer’s or seller’s market?
A balanced market: there were 4.5 months of supply in Colorado Springs, CO 80909 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 Colorado Springs?
The typical home went under contract in 37 days in the latest three months.
Do homes in Colorado Springs sell over asking?
21% of homes sold above their original list price, and the typical sale closed at 99.2% of the list price.
What are property taxes in Colorado Springs?
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 Colorado Springs?
The median sale price was $385,083 in the three months ending August 31, 2026, about $192 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