Colorado Springs Homes For Sale

Colorado Springs Homes For Sale
Colorado Springs Homes For Sale

Want to buy a home in Colorado Springs? Find the best Colorado Springs homes for sale when you work with Barb Schlinker.

Colorado Springs is the largest city by area in Colorado. It’s known for its stunning natural surroundings, including the majestic Rocky Mountains and the iconic Pikes Peak. The city also has a diverse economy, with a strong presence in the aerospace and defense industries. Tourism, technology, and healthcare are also prevalent industries.

The real estate and housing market in Colorado Springs is known for being competitive. If you want to find the best homes before they’re snatched by other buyers, you’ll need to act fast. This is easy to do when you have an expert realtor on your side.

With over 30 years of experience in the real estate industry, Barb Schlinker and Your Home Sold Guaranteed Realty - Barb Has the Buyers Team have the knowledge, skills, and resources to help you find your dream home.

Below, you can find several key insights into the Colorado Springs housing market. If you have any questions or are ready to take the next steps in the home-buying process, don’t hesitate to get in touch at 719-301-1802 or [javascript protected email address]. Discover homes for sale in Colorado Springs today!

Colorado Springs Homes For Sale | Buying a Home in Colorado Springs

Finding your perfect home in Colorado Springs, Colorado, is an exciting journey. But in this competitive market, you’ll need to work with an experienced realtor to find homes for sale in Colorado Springs before they’re snatched by other buyers.

In this post, Barb Schlinker and our real estate experts at Your Home Sold Guaranteed Realty - Barb Has the Buyers Team will explore the neighborhoods, amenities, and different aspects of life in the city, like the job market and cost of living. Whether you’re new to Colorado Springs or are a resident looking to move to another area, this guide can help you make informed decisions before buying a home.

Key Takeaways

  • Colorado Springs is an urban and suburban city with a population of 475,282 residents. The city is known for its proximity to the outdoors, with a diverse landscape.
  • According to recent data, the median sale price of homes for sale in Colorado Springs is $458,000, which is a 5.5% increase.
  • The Colorado Springs job market is experiencing a higher rate of growth than the national average, at 40.12% compared to 30.54%.
  • Colorado Springs’s overall cost of living is ten percent more expensive than the rest of the U.S. and ten percent lower than the rest of Colorado.
  • Colorado Springs experiences a semi-arid climate characterized by distinct seasons. Summers in Colorado Springs are warm and dry. 

Should I Live in Colorado Springs?

Colorado Springs is an urban and suburban city with a population of 475,282 residents. The city is known for its proximity to the outdoors, with a diverse landscape that includes iconic red rock formations, lush parks, and panoramic views of the nearby Rocky Mountains. 

From the historic charm of Old Colorado City to the upscale elegance of neighborhoods like Broadmoor, Colorado Springs offers an array of living options to suit various lifestyles. The city’s commitment to outdoor recreation is evident in its numerous trails, parks, and proximity to attractions like Garden of the Gods and Pikes Peak. 

With a strong sense of community and top-rated schools, living in Colorado Springs is a great place to call home for individuals and families alike.

What’s the Housing Market Like in Colorado Springs?

The Colorado Springs housing market is highly competitive. According to recent data, the median sale price of homes for sale in Colorado Springs is $458,000, which is a 5.5% increase from the same point a year ago. The average price per square foot is $214. 

On average, homes spend 32 days on the market before selling and tend to sell for 0.5% below the asking price. In addition, 28.7% sell above their asking price, and 37.9% of homes experience a price drop at some point after being listed.

How Do I Find Homes For Sale in Colorado Springs?

If you want to find Colorado Springs homes for sale, you’ll need to enlist the services of an experienced realtor. A buyer’s agent can provide valuable guidance throughout the home-buying process as well as access to realtor-exclusive resources like the Multiple Listing Service (MLS). 

They also have in-depth knowledge of the local market, can offer expert real estate advice on property valuation, negotiate on your behalf, and handle the necessary paperwork involved in the transaction.

Other ways to find homes for sale in Colorado Springs include:

  • Real Estate Websites: Utilize online real estate platforms such as Zillow, Realtor.com, and Trulia. These websites provide extensive listings with detailed information about properties.
  • Open Houses: Attend open houses in neighborhoods you’re interested in. This allows you to explore homes firsthand and get a sense of the local community.
  • Real Estate Apps: Use mobile apps dedicated to real estate, where you can search for homes, set preferences, and receive notifications about new listings.
  • Newspapers and Magazines: Check classified ads in local newspapers or real estate magazines. Some sellers still use traditional media to advertise their properties.
  • Networking: Spread the word among friends, family, and colleagues that you are looking for a home. Sometimes, word of mouth leads to valuable leads on available properties.

Combining these methods, along with your Colorado Springs realtor’s guidance, can provide a comprehensive approach to finding the perfect home for your needs.

Are There Luxury Homes in Colorado Springs?

Colorado Springs has many luxury homes for sale. Throughout Colorado Springs, you’ll find an array of high-end residences with unique architecture, premium features, and stunning views of the surrounding landscapes. Areas such as Broadmoor, Flying Horse, and Kissing Camels are known for their luxury real estate offerings. Your Home Sold Guaranteed Realty - Barb Has the Buyers Team specializes in the luxury housing market in Colorado Springs. Contact us today at 719-301-1802 to find a luxury property.

Are There New Construction Homes in Colorado Springs?

Yes, there are new construction homes for sale in Colorado Springs. The area has seen a significant amount of new construction in recent years, providing homebuyers with a variety of modern and custom-built residences, including townhomes and condominiums. Contact our real estate team today to find home builders and new home developments in your ideal neighborhood.

What Are the Best Neighborhoods in Colorado Springs?

Black Forest East

Black Forest East is a rural neighborhood in Colorado Springs with a median real estate price of $817,780. The community is more expensive than 84.4% of Colorado neighborhoods and 89.6% of U.S. neighborhoods. The area is also characterized by medium to large single-family homes and a tight housing market with limited inventory. In addition, the neighborhood is known for being family-friendly, with top schools and a strong sense of community. 

Kettle Creek

Kettle Creek is also a luxury rural neighborhood in Colorado Springs. It has a median real estate price of $799,478, surpassing 80% of Colorado neighborhoods and 87.8% of U.S. neighborhoods. The area is characterized by large, new construction single-family homes. Kettle Creek also stands out for its family-friendly environment, ranking among the top neighborhoods in Colorado for families due to excellent schools, low crime rates, and a sense of community.

Pikeview

Pikeview is a suburban neighborhood in Colorado Springs. It has a median price of $732,095, which is higher than the majority of neighborhoods in Colorado and the U.S. The area mainly features a mix of medium to large-sized single-family homes and apartment complexes. Pikeview is distinctive for its military population, ranking higher than 98% of U.S. neighborhoods in military residents. 

Upper Skyway

The Upper Skyway / Bear Creek Park neighborhood is characterized by a median real estate price of $728,172, which is more expensive compared to most neighborhoods in Colorado and the U.S. The area predominantly consists of medium to large single-family homes and has a lower-than-average real estate vacancy rate of 4.2%. The neighborhood’s commute patterns reveal that 50.4% of commuters spend between 15 and 30 minutes commuting one-way, which is shorter than the national average.

What’s the Quality of Life in Colorado Springs?

Local Schools

Colorado Springs is served by the Colorado Springs School District No. 11. The district has 23,359 students and an average student-teacher ratio of 17 to 1. There are 57 schools in the district which spend an average of $9,886 per student. This is lower than the $12,383 spent on average in the U.S. The high school graduation rate in Colorado Springs is 93.9%, which is higher than in the rest of Colorado.

Job Market

The Colorado Springs job market is experiencing a higher rate of growth than the national average, at 40.12% compared to 30.54%. The unemployment rate is 6.8% compared to the national rate of six percent. The average individual income is $37,979 and the average household income is $71,957.

Cost of Living

Colorado Springs’s overall cost of living is ten percent more expensive than the rest of the U.S. and ten percent lower than the rest of Colorado. The highest cost is housing, which is 41% higher than the U.S. average, but 27% lower than the Colorado average. Compared to the U.S. average, groceries, utilities, and transportation costs are all lower. Health care, in particular, is nearly 20% lower than the U.S. average.

Crime and Safety

Colorado Springs has a violent crime rate of 23.6% which is slightly more than the 22.7% for the U.S. average. The property crime rate is 52% compared to 35.4% for the national average. The violent crime rate in Colorado Springs has historically been higher than in the rest of Colorado and the U.S.

Weather and Climate

Colorado Springs experiences a semi-arid climate characterized by distinct seasons. Summers in Colorado Springs are warm and dry. Daytime highs can reach into the 80s and occasionally the 90s Fahrenheit. Winters are typically cold, with temperatures often dropping below freezing. Snowfall is common, creating picturesque winter landscapes. 

Healthcare and Hospitals

The cost of healthcare in Colorado Springs is three percent cheaper than the national average. The town also has 201 physicians per 100,000 residents, which is slightly lower than the U.S. average of 210 physicians. The nearest hospitals and urgent care centers in the area are: 

  • Penrose Hospital
  • UCHealth Memorial Hospital Central
  • St. Francis Medical Center
  • UCHealth Urgent Care – Powers
  • Concentra Urgent Care
  • NextCare Urgent Care

What Are the Top Things to Do in Colorado Springs

Colorado Springs has a mix of natural beauty, outdoor adventures, cultural experiences, and historical significance, making it a diverse and vibrant destination. Some of the top things to do in the area include:

  • Garden of the Gods: Explore the stunning red rock formations and enjoy hiking, rock climbing, and guided nature walks in this iconic city park.
  • Pikes Peak: Scale the heights of Pikes Peak, whether by driving the scenic Pikes Peak Highway or taking the historic cog railway. The summit provides breathtaking panoramic views.
  • Cheyenne Mountain Zoo: Visit one of America’s highest zoos and interact with a diverse range of animals while enjoying picturesque mountain scenery.
  • The Broadmoor Seven Falls: Marvel at the beauty of Seven Falls, a series of stunning waterfalls nestled in a box canyon. Hike the trails and appreciate the natural surroundings.
  • Manitou Springs: Explore this charming, historic town known for its quirky shops, art galleries, and the Manitou Incline—a challenging hiking trail with breathtaking views.

How Can I Find the Best Homes in Colorado Springs?

Trust Barb Schlinker and Your Home Sold Guaranteed Realty - Barb Has the Buyers Team to streamline your search for homes for sale in Colorado Springs. With our insider real estate expertise, we can help you navigate the housing market and find listings that match your budget and preferences. 

Plus, when you enroll in our VIP Buyer Program you gain exclusive access to the hottest listings in the area and enjoy numerous benefits of partnering with our team. This includes curated property hotlists, free home-buying resources, and our unique Buyer Satisfaction Guarantee

To learn more about our VIP Buyer Program, connect with us today at 719-301-1802 or [javascript protected email address]. We are eager to assist you in discovering your dream home in Colorado Springs!

People Also Ask

What is Colorado Springs popular for?

Colorado Springs is popular for its beautiful landscapes, including Pikes Peak, the Garden of the Gods, and the nearby Rocky Mountains.

How expensive is Colorado Springs?

Colorado Springs is more expensive than other areas of the U.S., but less expensive than other parts of Colorado, on average.

Is Colorado Springs better than Denver?

Colorado Springs is known for its access to the outdoors and nature, while Denver provides more of an urban environment known for its restaurants, museums, breweries, and more.

Does it snow a lot in Colorado Springs?

Colorado Springs gets around 55 inches of snow every year, on average.

What is the best time of year to visit Colorado Springs?

The best times of year to visit Colorado Springs are March to May and September to October. These periods have the best temperatures and the lowest amount of tourist crowds.

Related content – Colorado Springs Housing Market Predictions 2024

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