Is Colorado Springs, CO 80922 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Colorado Springs is a seller’s market. With about 3.7 months of supply and 15% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score49/ 100

More competitive than 50% of U.S. ZIP codes, and #77 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 supply3.7Under 4 months = seller’s market
Sold above original list14.8%Share of sales, last 3 months
Median sale-to-list99.6%Sold price ÷ list price
Median days on market35Listing to accepted offer
Median price per sq ft$201▼ −1.8% vs. last year

The Colorado Springs housing market right now

In the three months ending August 31, 2026, 15% of homes in Colorado Springs, CO 80922 sold above their list price, the typical home went under contract in 35 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 146 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 22%, homes sold faster (42 days then) and the median sale price held steady to $446,807. Overall, Colorado Springs is less competitive than a year ago, which gives buyers more room.

Within El Paso County, homes here sell faster than in 81% of the county’s ZIP codes, and sell less often over asking than in 58%. On our competition score, Colorado Springs ranks #77 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.

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 Colorado Springs is

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Questions about Colorado Springs real estate

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

A seller’s market: there were 3.7 months of supply in Colorado Springs, CO 80922 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 35 days in the latest three months.

Do homes in Colorado Springs sell over asking?

15% of homes sold above their original list price, and the typical sale closed at 99.6% 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 $446,807 in the three months ending August 31, 2026, about $201 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