Cripple Creek Homes For Sale

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Wondering how to find homes for sale in Cripple Creek, Colorado? Working with Barb Schlinker and Your Home Sold Guaranteed Realty - Barb Has the Buyers Team makes it easy to access the latest listings as they hit the market.

Cripple Creek is a historic mining town located in the Rocky Mountains, known for its rich gold mining heritage. Today, Cripple Creek is a popular tourist destination, offering visitors a glimpse into its past with attractions such as the Cripple Creek Heritage Center and the Mollie Kathleen Gold Mine. 

However, it’s also a great place to call home. With a population of 1,155 residents, Cripple Creek is a small town with a mixture of suburban and rural characteristics. 

At Your Home Sold Guaranteed Realty - Barb Has the Buyers Team, we have years of experience in the real estate industry. This means we have all the resources and knowledge you need to help you find your dream home in Cripple Creek.

Below, you can explore valuable insights into the Cripple Creek housing market, including the most recent listings. If you have any questions or want to learn more about Cripple Creek homes for sale, you can get in touch with us at 719-301-1802 or [javascript protected email address].

Cripple Creek Homes For Sale | Buying a Home in Cripple Creek

Want to find homes for sale in Cripple Creek, Colorado? This small town is a great place to call home for anyone wanting a rural, small-town living experience. However, inventory is limited in Cripple Creek given the small size of the town’s housing market.

For this reason, you’ll need to work with an expert realtor like Barb Schlinker if you want to find homes for sale. In this post, our real estate team will discuss everything you need to know about Cripple Creek, so you can make informed decisions before starting your home-buying journey.

Key Takeaways

  • Located high in the Rocky Mountains, Cripple Creek is a small rural town with a population of 1,155 residents.
  • In recent months, the median sale price of homes for sale in Cripple Creek was $285,000, which is a 16.1% decrease from the same point a year ago. 
  • Cripple Creek has a job growth rate of 27.14%, compared to 30.54% for the U.S. average. The unemployment rate is 5.9%.
  • Cripple Creek’s overall cost of living is 8.1% more expensive than the U.S. average and 12.4% lower than the rest of Colorado.
  • The cost of healthcare in Cripple Creek is 4.7% cheaper than the national average. The town also has 128 physicians per 100,000 residents.

Should I Live in Cripple Creek?

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Located high in the Rocky Mountains, Cripple Creek is a small rural town with a population of 1,155 residents. Once home to one of the richest gold mining districts in the country during the 1890s gold rush, today Cripple Creek has preserved much of its Victorian old west heritage while also offering modern casinos, restaurants, and attractions. 

Visitors can tour old mines, ride the narrow gauge railroad, try their luck at casinos, enjoy the breathtaking mountain scenery, and explore museums that highlight the town’s history with frontier mining. 

With its high-altitude location and surrounding national forest lands, Cripple Creek provides a great place to live for families and individuals looking for a small-town life. 

What’s the Housing Market Like in Cripple Creek?

The Cripple Creek housing market is somewhat competitive. In recent months, the median sale price of homes for sale in Cripple Creek was $285,000, which is a 16.1% decrease from the same point a year ago. The average price per square foot is $256. 

On average, homes spend 45 days on the market before selling and tend to sell for three percent below the asking price. The hottest homes sell after 13 days on the market. 

How Do I Find Homes For Sale in Cripple Creek?

The best way to find homes for sale in Cripple Creek is by using a combination of online and offline methods. This can include methods like:

  • Searching real estate websites like Zillow, Realtor.com, and Trulia. 
  • Driving through neighborhoods you’re interested in and looking for ‘For Sale’ signs. 
  • Attending open houses in communities you’d like to buy in.
  • Checking local real estate listing magazines and classifieds like Craigslist.
  • Joining social media groups and community forums
  • Informing friends, coworkers, and family you’re looking for a home. 
  • Searching home builders’ websites if you’re interested in new construction.

If you want to find Cripple Creek homes for sale, you’ll also 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 exclusive resources like the Multiple Listing Service (MLS). 

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

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

Are There Luxury Homes in Cripple Creek?

Yes, there are luxury homes for sale in Cripple Creek, ranging in price from $700,000 to $2.84 million. However, luxury home inventory is relatively limited, and many homes may not be listed online. If you want the best chance of finding luxury homes in Cripple Creek, you’ll need to work with an experienced realtor who specializes in the luxury market. 

At Your Home Sold Guaranteed Realty - Barb Has the Buyers Team, we have years of experience helping home buyers enter the luxury market. Contact us today at 719-301-1802 to get started.

Are There New Construction Homes in Cripple Creek?

There are no new construction homes directly in Cripple Creek since it’s a small town that focuses on preserving its historic character. However, brand-new homes can be found in some of the surrounding areas. Contact our real estate team today at 719-301-1802 to find home builders and new home developments near Cripple Creek.

What Are the Best Neighborhoods in Cripple Creek?

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Florissant

Florissant is a small town located in the heart of central Colorado near the Rocky Mountains. Located 35 miles from Colorado Springs, Florissant offers stunning natural scenery and opportunities for outdoor recreation. With fewer than 500 residents, this quiet town has a small-town charm while providing easy access to big-city amenities. 

Goldfield

Surrounded by wide open plains and sunny skies, the unincorporated community of Goldfield offers a peaceful small-town lifestyle just 45 minutes from Colorado Springs. With a population of around 200 residents, Goldfield provides a rural setting focused on agriculture, wildlife, and outdoor recreation. New residents can expect breathtaking views of Pikes Peak, proximity to attractions like Paint Mines Interpretive Park, and easy access to big city conveniences.

Victor

Victor is a small town in the foothills of the Rocky Mountains, less than 30 minutes from downtown Colorado Springs. This historic mining town has less than 400 residents and provides a lively community with stunning scenery. Surrounded by Cripple Creek’s gold mining district, outdoor lovers can enjoy hiking, biking, and exploring old mines. The town also has historic buildings preserved from the 1890s gold rush era.

What’s the Quality of Life in Cripple Creek?

Local Schools

Cripple Creek is served by the Cripple Creek-Victor School District. The district has 400 students and an average student-teacher ratio of 15 to 1. It spends an average of $17,578 per student, which is higher than the U.S. average of $12,383. The high school graduation rate in Cripple Creek is 97.3%, which is higher than the Colorado Springs metro area and Colorado as a whole.

Job Market

Cripple Creek has a job growth rate of 27.14%, compared to 30.54% for the U.S. average. The unemployment rate is 5.9%, similar to the national rate of six percent. The average individual income is $24,581 and the average household income is $34,167.

Cost of Living

Cripple Creek’s overall cost of living is 8.1% more expensive than the U.S. average and 12.4% lower than the rest of Colorado. The highest cost is transportation, which is 12.5% higher than the U.S. average and about six percent higher than the state average. The lowest cost is housing, which is 26.5% cheaper than the U.S. as a whole and 94% cheaper than the rest of Colorado.

Crime and Safety

Cripple Creek has a violent crime rate of 50% compared to 22.7% for the U.S. average. The property crime rate is 94.3% compared to 35.4% for the national average. The violent crime rate in Cripple Creek has historically been higher than in the rest of Colorado and the U.S., though it has fluctuated throughout the years.

Weather and Climate

Cripple Creek experiences a semi-arid climate characterized by distinct seasons. Summers in Cripple Creek 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 Cripple Creek is 4.7% cheaper than the national average. The town also has 128 physicians per 100,000 residents, which is lower than the U.S. average of 210 physicians. 

Cripple Creek is a small town and doesn’t have any hospitals or urgent care centers in the immediate area. The closest options in neighboring towns are:

  • UCHealth Pikes Peak Regional Hospital
  • High Country Emergency Medical Service
  • Memorial Hospital
  • UCHealth Memorial Hospital Central

What Are the Top Things to Do in Cripple Creek?

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Cripple Creek has a range of attractions and activities. Explore the historic district with its unique architecture and visit the Cripple Creek Heritage Center to learn about the area’s local history. 

Then, take a scenic drive on the Gold Belt Tour or the Phantom Canyon Road for breathtaking views. You can also visit The Mollie Kathleen Gold Mine, which offers underground tours.

In town, The Butte Theater is a great place to watch live performances. Cripple Creek also has numerous casinos and hiking opportunities.

How Can I Find the Best Homes in Cripple Creek?

Get in touch with Barb Schlinker and Your Home Sold Guaranteed Realty - Barb Has the Buyers Team, the best realtor in Colorado Springs, to find homes for sale in Cripple Creek today. We’ve been in the business for a little over 30 years. This gives us an unparalleled understanding of the local housing market, as well as an extensive network of listing agents. 

In addition, working with us ensures you have a stress-free home-buying experience because of our unique VIP Buyer Program. This program gives you curated property hotlists, free home-buying resources, and our unique Buyer Satisfaction Guarantee. 

To learn more about buying a home with us, reach out to us today at 719-301-1802 or [javascript protected email address]. Don’t wait to start finding your dream home in Cripple Creek!

Frequently Asked Questions About Cripple Creek

What is Cripple Creek, Colorado, famous for?

Cripple Creek is famous for its gold mines.

What celebrities were in Cripple Creek?

Celebrities that grew up or spent a significant amount of time in Cripple Creek are Groucho Marx, Lowell Thomas, Wyatt Earp, and Jack Dempsey.

How many casinos are in Cripple Creek, CO?

There are 11 casinos in Cripple Creek.

How much gold was found in Cripple Creek?

Over two decades, Cripple Creek produced 22 million ounces of gold.

Who owns the Cripple Creek mine?

Newmont Mining Corporation bought the mine in Cripple Creek in 2015.

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