Colorado Springs Housing Market — April 19, 2026
April 19, 2026 · elevateMLS
Buyer-Favoring Market
4,049
Active Listings
$489,999
Median Price
$619,844
Avg Price
69
Avg DOM
1,094
Sold (30d)
1,820
Pending
Market Health
| Avg CPOLP | 96.5% | vs. original asking |
| Median CPOLP | 97.9% | midpoint of all sales |
| Attrition Ratio | 2.24 | healthy — sold vs. failed |
| Avg Days to Close | 56 | from list to sold |
| Months of Supply | 3.7 | tight inventory |
| FPVI | 98.1% | where pending deals are headed |
Year-Over-Year
↓ 2.5%
Median price: $465,000 → $453,330
Median price: $465,000 → $453,330
Strongest Seller Zip
80951
North Springs & Briargate East
100.9% CPOLP
Best Buyer Value
81089
69.6% CPOLP
Affordability Snapshot
$3,443/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.
46%
Payment-to-Income Ratio
Median monthly cost as a share of El Paso County median household income ($90,778/yr). Under 28% is considered affordable by most lenders.
Economic Context
3.9%
Unemployment Rate
▼ Declining. Employment drives housing demand — low unemployment supports prices and faster sales.
335,200
Local Jobs
Colorado Springs MSA nonfarm employment.
National Signals
327.5
Case-Shiller Index
▲ +1.3% YoY. National home price trend — local prices track at r=0.98.
1,487K
Housing Starts
▲ +9.5% YoY. New construction nationally — leads local sales volume in real time.
56.6
Consumer Sentiment
▼ -12.5% YoY. U of Michigan index — weak predictor of local prices, but tracks buyer confidence.
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.
Data sourced from elevateMLS. Updated April 19, 2026. CPOLP = Close Price to Original List Price.