Colorado Springs Housing Market — March 24, 2026

March 24, 2026 · elevateMLS
Buyer-Favoring Market

3,687
Active Listings

$495,000
Median Price

$619,368
Avg Price

77
Avg DOM

1,032
Sold (30d)

1,736
Pending

Market Health
Avg CPOLP 96.0% vs. original asking
Median CPOLP 97.5% midpoint of all sales
Attrition Ratio 2.20 healthy — sold vs. failed
Avg Days to Close 68 from list to sold
Months of Supply 3.6 tight inventory
FPVI 97.8% where pending deals are headed
Year-Over-Year
↓ 3.8%
Median price: $462,688 → $445,000

Strongest Seller Zip
80951
North Springs & Briargate East
103.2% CPOLP

Best Buyer Value
81004
80.3% CPOLP

Affordability Snapshot
$3,469/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.

↑ 84%
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.

53%
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.

Economic Context
4.0%
Unemployment Rate
▼ Declining. Employment drives housing demand — low unemployment supports prices and faster sales.

335,200
Local Jobs
Colorado Springs MSA nonfarm employment.

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 elevateMLS. Updated March 24, 2026. CPOLP = Close Price to Original List Price.