Colorado Springs Housing Market — March 02, 2026

March 02, 2026 · Pikes Peak MLS
Buyer-Favoring Market

3,502
Active Listings

$489,500
Median Price

$608,584
Avg Price

83
Avg DOM

827
Sold (30d)

1,491
Pending

Market Health
Avg CPOLP 95.7% vs. original asking
Median CPOLP 97.0% midpoint of all sales
Attrition Ratio 1.62 healthy — sold vs. failed
Avg Days to Close 70 from list to sold
Months of Supply 4.2 balanced inventory
FPVI 97.2% where pending deals are headed
Year-Over-Year
↓ 3.8%
Median price: $462,688 → $445,000

Strongest Seller Zip
80951
North Springs & Briargate East
102.6% CPOLP

Best Buyer Value
81001
86.5% CPOLP

Affordability Snapshot
$3,431/mo
Median Monthly Cost
Mortgage + taxes + insurance at 6.1% on a 30-year fixed loan with no down payment. This is what a median-priced home actually costs per month.

↑ 82%
vs. January 2020
Monthly cost was $1,890 in Jan 2020 (median $325K at 3.62%). This measures how much more (or less) it costs to buy the same median home today.

52%
Payment-to-Income Ratio
Median monthly cost as a share of El Paso County median household income ($79,026/yr). Under 28% is considered affordable by most lenders.

What This Means

Affordability constraints and softening demand are giving buyers more leverage. Sellers need to price competitively from day one — the market punishes overpricing.

Rob Thompson, Realtor

Iconic Colorado Properties

719.440.6626 ·
rob@iconiccoloradoproperties.com

Data sourced from the Pikes Peak MLS. Updated March 02, 2026. CPOLP = Close Price to Original List Price.