Colorado Springs, CO, Real Estate

Colorado Springs, nestled at the foot of the majestic Pikes Peak in El Paso County, Colorado, is a vibrant city known for its stunning natural beauty and rich history. Located at an elevation of 6,035 feet, it’s the state’s second-largest city, with a population of around 500,000 as of recent estimates. The city boasts a unique blend of outdoor adventure and urban charm, featuring attractions like Garden of the Gods, a breathtaking park with towering red sandstone formations, and the U.S. Olympic & Paralympic Training Center, a hub for elite athletes. Founded in 1871 by General William Jackson Palmer as a resort town, Colorado Springs has grown into a military and tech hub, hosting bases like Fort Carson and the U.S. Air Force Academy. Its semi-arid climate delivers over 300 days of sunshine annually, though winters can bring snow, making it a year-round destination for hikers, skiers, and history buffs alike.

Colorado Springs currently has 3822 single family homes for sale with an average list price of $618,574.83, 677 townhouses for sale with an average list price of $405,424.98, 351 condos for sale with an average list price of $275,603.46, and 286 lots for sale with an average list price of $464,395.21. The average annual property tax for Colorado Springs is $1,782.00.

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Absorption Report

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Colorado Springs, i.e. what's hot and what's not.

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Recent Sales

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Subdivisions/Buildings

Subdivisions/Buildings Median Price
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Camelback Village

Camelback Village is a condo community in Colorado Springs, Colorado, built in 1970. It currently has 9 condos for sale with an average list price of $293,988.89. The homes range in size from 884 ft2 to 1,195 ft2. The HOA fees range from $350 to $600 per month. The average annual property tax for Camelback Village is $709.34. Camelback Village is a gated condominium community located in the scenic Garden of the Gods area. Comprising 63 individually owned units across nine buildings, this HOA-managed association offers a blend of modern and rustic charm with its stucco and siding exteriors, accented by flat roofing systems recently upgraded with fire-retardant composite shingles in Spring 2024. Nestled in northwest Colorado Springs, the community provides residents with a serene environment near iconic natural landmarks like Garden of the Gods, while remaining just minutes from downtown amenities, shopping, and dining. Its strategic location near I-25 ensures easy access to the broader region, making it an appealing choice for those seeking both tranquility and convenience in a well-maintained, secure setting. ... Read more
Median Price: $268,750
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Century Communities at Norwood

Century Communities at Norwood is a townhouse community in Colorado Springs, Colorado, built between 2006 and 2013. It currently has 4 townhouses for sale with an average list price of $363,225. The homes range in size from 1,565 ft2 to 1,641 ft2. The HOA fees range from $165 to $254 per month. The average annual property tax for Century Communities at Norwood is $1,191.01. It is located in El Paso County. ... Read more
Median Price: $372,499.50
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Fairway Village Fore

Fairway Village Fore is a single-family home community in Colorado Springs, Colorado, built in 1996. It currently has 1 single family home for sale with a list price of $900,000. The homes have an average size of 4,192 ft2. The average annual property tax for Fairway Village Fore is $2,421. It is located in El Paso County. ... Read more
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Saturn Towers

Saturn Towers is a condo building in Colorado Springs, Colorado, built in 1962. It currently has 4 condos for sale with an average list price of $144,350. The homes range in size from 728 ft2 to 1,264 ft2. The HOA fees range from $350 to $599 per month. The average annual property tax for Saturn Towers is $813.03. It is located in El Paso County. Saturn Towers is a nine-story condominium building located at 900 Saturn Drive. Constructed in 1962, this 77-unit complex offers a variety of living options, including one-bedroom units. Residents enjoy stunning views of Cheyenne Mountain to the west or downtown Colorado Springs to the east, depending on their unit’s orientation, enhanced by balconies on each floor. The building provides amenities such as a rooftop terrace, a swimming pool, a clubhouse, and secured entry, with monthly HOA fees covering utilities like heat, water, and trash removal. Its location offers convenient access to Interstate 25, public bus stops along South 8th Street, and nearby attractions like Bear Creek Regional Park and the Cheyenne Mountain Zoo, blending urban convenience with proximity to nature. ... Read more
Median Price: $163,300
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Valley Hi

Valley Hi is a condo building in Colorado Springs, Colorado, built between 1961 and 2015. It currently has 3 single family homes for sale with an average list price of $457,999.67, 2 townhouses for sale with an average list price of $274,750, and 7 condos for sale with an average list price of $190,842.86. The homes range in size from 576 ft2 to 6,587 ft2. The HOA fees range from $230 to $1,130 per month. The average annual property tax for Valley Hi is $824.23. ... Read more
Median Price: $347,500
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Market Trends

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Real Estate News

Homes Just Sold in Colorado Springs: August 26th to September 1st

Homes Just Sold in Colorado Springs: August 26th to September 1st - September 2, 2025

Colorado Springs had 138 sales during the week of Tuesday, August 26 to Monday, September 1, including including 111 single family homes for sale with an average list price of ... continue reading
New Foreclosures & Short Sales in Colorado Springs: August 25th to August 31st

New Foreclosures & Short Sales in Colorado Springs: August 25th to August 31st - September 1, 2025

Colorado Springs had 7 new foreclosures and/or short sales during the week of Monday, August 25 to Sunday, August 31, including 5 single family homes for sale with an average ... continue reading
New Homes For Sale This Week in Colorado Springs: August 22nd to August 28th

New Homes For Sale This Week in Colorado Springs: August 22nd to August 28th - August 29, 2025

Colorado Springs had 194 new homes for sale during the week of Friday, August 22 to Thursday, August 28, including including 151 single family homes for sale with an average ... continue reading
New Construction Homes For Sale This Week in Colorado Springs: August 20th to August 26th

New Construction Homes For Sale This Week in Colorado Springs: August 20th to August 26th - August 27, 2025

Colorado Springs had 6 new construction homes during the week of Wednesday, August 20 to Tuesday, August 26, including 4 single family homes for sale with an average list price ... continue reading
Homes Just Sold in Colorado Springs: August 19th to August 25th

Homes Just Sold in Colorado Springs: August 19th to August 25th - August 26, 2025

Colorado Springs had 142 sales during the week of Tuesday, August 19 to Monday, August 25, including including 122 single family homes for sale with an average list price of ... continue reading
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