Colorado Springs Housing Market — November 14, 2026
November 14, 2026 · elevateMLS
Buyer-Favoring Market
4,644
Active Listings
$475,000
Median Price
$598,346
Avg Price
79
Avg DOM
731
Sold (30d)
564
Pending
Market Health
| Avg CPOLP | 94.5% | vs. original asking |
| Median CPOLP | 96.0% | midpoint of all sales |
| Attrition Ratio | 1.12 | healthy — sold vs. failed |
| Avg Days to Close | 57 | from list to sold |
| Months of Supply | 6.4 | loose inventory |
| FPVI | 95.0% | where pending deals are headed |
Year-Over-Year
↓ 2.2%
Median price: $449,900 → $440,000
Median price: $449,900 → $440,000
Strongest Seller Zip
80813
98.0% CPOLP
Best Buyer Value
81240
79.1% CPOLP
Affordability Snapshot
$3,750/mo
Median Monthly Cost
Mortgage + taxes + insurance at 7.4% on a 30-year fixed loan with no down payment. This is what a median-priced home actually costs per month.
↑ 98%
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.
50%
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
4.3%
Unemployment Rate
▲ Rising. Employment drives housing demand — low unemployment supports prices and faster sales.
331,600
Local Jobs
Colorado Springs MSA nonfarm employment.
National Signals
336.7
Case-Shiller Index
▲ +2.1% YoY. National home price trend — local prices track at r=0.98.
1,221K
Housing Starts
▼ -8.1% YoY. New construction nationally — leads local sales volume in real time.
48.1
Consumer Sentiment
▼ -12.7% 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 November 14, 2026. CPOLP = Close Price to Original List Price.