Colorado Springs Homes For Sale | Finding Your Dream Home

Colorado Springs is the second most populous city in Colorado. It’s seen a rise in growth in recent years as many home buyers have moved to the area. If you want to find Colorado Springs homes for sale, you’ll need to work with an experienced realtor.

Below, our team at Your Home Sold Guaranteed Realty - The Wick Group will discuss everything you need to know before moving to this city. We’ll cover the housing market, job market, cost of living, and more. That way, you can decide whether or not this community is the right fit for you.

Key Takeaways

Colorado Springs is a city with a population of 478,961 residents. It has a mix of urban and suburban characteristics.
The housing market in Colorado Springs is somewhat competitive. In recent months, the median price of homes for sale in Colorado Springs was $450,000.
The school district in Colorado Springs is Colorado Springs School District No. 11. There are 23,259 students among 57 schools and a student-teacher ratio of 17 to 1.
The average individual income in Colorado Springs is $37,979, and the average household income is $71,957.
Colorado Springs has 201 physicians per 100,000 residents compared to 210 physicians for the U.S. average.

Should I Live in Colorado Springs?

Colorado Springs is a city with a population of 478,961 residents. It has a mix of urban and suburban characteristics and is known for its iconic landscapes, including unique red rock formations, verdant parks, and sweeping vistas of the nearby Rocky Mountains.

The city has many suburban neighborhoods with a range of housing options to suit different home buyers. It’s also known for its high-quality schools, making it a great place to live for families with young children.

Colorado Springs is also known for its love of the outdoors. The city has many walking trails and parks and is close to local attractions like the Garden of the Gods and Pikes Peak.

What’s the Housing Market Like in Colorado Springs?

The housing market in Colorado Springs is somewhat competitive. In recent months, the median price of homes for sale in Colorado Springs was $450,000. This represents a 5.9% increase from the same point last year. The median price per square foot is $216, which is a 2.6% increase from the previous year.

Homes for sale in Colorado Springs tend to spend an average of 38 days on the market before selling. The hottest homes sell as fast as 17 days after being listed. 24.4% of homes sell above their asking price and 38.6% end up experiencing a price drop sometime after being listed.

How Do I Find Homes For Sale in Colorado Springs?

Partnering with an experienced realtor is essential for finding homes for sale in Colorado Springs. Realtors have access to exclusive resources, such as the Multiple Listing Service (MLS), and can guide you through the entire home-buying process, offering insights, negotiating deals, and ensuring a smooth journey from start to finish.

With a realtor on your side, you can leverage online real estate platforms like Zillow, Realtor.com, and Redfin to find Colorado Springs homes for sale. These sites provide a comprehensive view of available properties, allowing buyers to browse listings, view photos, and access essential details.

However, while these sites are a great place to start, it’s crucial to verify pricing information with a realtor due to potential inaccuracies. Other strategies include:

Using social media platforms, such as local real estate Facebook groups
Attending open houses
Getting recommendations from friends, family, colleagues, etc.

Are There Luxury Homes in Colorado Springs?

Luxury homes for sale in Colorado Springs are available in several parts of the city. However, these upscale residences can be hard to find, since they usually aren’t publicly listed online. You’ll need to work with a luxury home specialist who knows how to find off-market homes.

At Your Home Sold Guaranteed Realty - The Wick Group, we regularly work with luxury home buyers in the Colorado Springs market. Connect with us today at (719) 259-0316 to learn more.

Are There New Construction Homes in Colorado Springs?

You can find new construction homes for sale in Colorado Springs in many different neighborhoods. Brand-new homes often see more competition from home buyers. So if you want the best chance of finding your dream home, you’ll need to work with an experienced realtor like Your Home Sold Guaranteed Realty - The Wick Group.

Our team has connections with all of the area’s best home builders and can help you find new home developments that fit your needs. Contact us today at (719) 259-0316 or [javascript protected email address] to get started.

What Are the Best Neighborhoods in Colorado Springs?

Downtown

Downtown Colorado Springs is an urban neighborhood that has a blend of single-family homes and apartment complexes. The median home price is $765,155, which makes it 78% more expensive than other Colorado neighborhoods and 87% of neighborhoods across the U.S. Most single-family homes are small to medium-sized and are considered historic, built between 1940 and 1969. Living in Downtown Colorado Springs is a popular choice for commuters and those who want easy access to the city’s amenities.

Northgate

Northgate is a suburban neighborhood with luxury homes and apartment complexes. The median home price is $909,099, which makes the area more expensive than 86.6% of Colorado neighborhoods and 91% of U.S. neighborhoods. Northgate is known for having more new construction homes, though there are also some well-established homes built between 1970 and 1999.

Old North End

Old North End is a suburban neighborhood with medium to large-sized single-family homes and apartment complexes. Homes are historic, built between 1940 and 1969, though some homes are even older. Old North End has more historic homes than 99.7% of neighborhoods across the U.S. The median home price in the community is $884,818, which means the area is more expensive than 85% of Colorado neighborhoods and 90.1% of U.S. neighborhoods.

Pine Creek East

Pine Creek East is a suburban neighborhood with medium to large-sized single-family homes and apartment complexes. The median home price is $826,117, which makes the area more expensive than 83.6% of Colorado neighborhoods and 89.2% of U.S. neighborhoods. Many homes are new construction, having been built in 2000 through the present. Pine Creek East is considered a wealthy neighborhood and is wealthier than 95.6% of other neighborhoods in the U.S.

What’s the Quality of Life in Colorado Springs?

Local Schools

The school district in Colorado Springs is Colorado Springs School District No. 11. There are 23,259 students among 57 schools and a student-teacher ratio of 17 to 1. The district spends an average of $9,886 per student, which is lower than the U.S. average of $12,383. The high school graduation rate in Colorado Springs is 93.9%, which is higher than in the rest of Colorado.

Job Market

The average individual income in Colorado Springs is $37,979, and the average household income is $71,957. The job market in the city has a growth rate of 40.12% compared to 30.54% for the national average. The unemployment rate is 2.4% compared to the national rate of 4.1%.

Cost of Living

The cost of living in Colorado Springs is ten percent more expensive than the rest of the country, but ten percent lower than the rest of Colorado. Housing makes up the highest cost, at 41% higher than the U.S. average. However, compared to the state average it’s 27% lower. The lowest cost is health care, which is nearly 20% lower than the U.S. average.

Crime and Safety

The violent crime rate in Colorado Springs is 23.6%, compared to 22.7% for the U.S. average. The property crime rate is 52% compared to 35.4% for the national average. Historically, the violent crime rate has been higher than the rest of the state and country as a whole.

Weather and Climate

Colorado Springs has a semi-arid climate and experiences distinct seasons. Summers in Colorado Springs are warm and dry, with temperatures reaching into the 80s and 90s Fahrenheit. Winters are typically cold with heavy snowfall, and temperatures often drop below freezing.

Healthcare and Hospitals

Colorado Springs has 201 physicians per 100,000 residents compared to 210 physicians for the U.S. average. Healthcare costs three percent cheaper in Colorado Springs compared to the national average. The nearest hospitals and urgent care centers include UCHealth Memorial Hospital Central, Cedar Springs Hospital, UCHealth Grandview Hospital, and Concentra Urgent Care

What Are the Top Things to Do in Colorado Springs?

Colorado Springs has many attractions that showcase the natural beauty, cultural richness, and recreational opportunities of the area. Some top things to do in the area:

U.S. Olympic & Paralympic Museum: Discover the inspiring stories of Olympic and Paralympic athletes through interactive exhibits and multimedia presentations.
Seven Falls: Marvel at the majestic Seven Falls, a series of cascading waterfalls nestled in a picturesque canyon.
Colorado Springs Fine Arts Center: Immerse yourself in art and culture at this center, featuring a diverse collection, live performances, and educational programs.
Old Colorado City: Stroll through the historic district with brick-paved streets, boutique shops, and a vibrant atmosphere.
Penny Arcade: Step back in time at the Manitou Springs Penny Arcade, filled with vintage games and amusements for all ages.

How Can I Find the Best Homes in Colorado Springs?

Discovering the best homes for sale in Colorado Springs requires working with seasoned real estate professionals like Jin and David Wick. At Your Home Sold Guaranteed Realty - The Wick Group, our dedicated team has successfully assisted numerous home buyers in Colorado Springs, ranging from first-time buyers to seasoned investors.

We’re committed to providing a streamlined home-buying experience through our comprehensive VIP Buyer Program. With this program, you get benefits like:

Curated property hotlists
Free educational resources and tools
A complimentary home evaluation
Unique Buy it Back Guarantee

Ready to find your dream home in Colorado Springs? Connect with Jin and David today at (719) 259-0316 or via [javascript protected email address]. Don’t delay– the perfect home in Colorado Springs awaits!

Your Home Sold Guaranteed Realty - The Wick Group

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Colorado Springs Homes For Sale