Is Colorado Springs, CO 80929 a buyer’s or seller’s market?
Colorado Springs is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Colorado Springs housing market right now
In the three months ending August 31, 2026, 0% of homes in Colorado Springs, CO 80929 sold above their list price and the typical home went under contract in 42 days. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (286 days then) and the median sale price rose 36% to $479,792. Overall, Colorado Springs is more competitive than a year ago, so tougher for buyers.
Within El Paso County, homes here sell faster than in 61% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Colorado Springs 80951 (40% sold over asking) and Colorado Springs 80911 (31% sold over asking) are even more competitive.
Run the numbers for 80929
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
How fast do homes sell in Colorado Springs?
The typical home went under contract in 42 days in the latest three months.
Do homes in Colorado Springs sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.9% 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 $479,792 in the three months ending August 31, 2026, about $159 per square foot.
Local agents
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More tools for 80929
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology