Colorado Springs, CO Housing Market Report

The Colorado Springs housing market is currently undergoing a significant transition toward buyer-friendly conditions as of December 2025. With active inventory surging by 13.72% year-over-year to 3,431 listings, prospective homeowners have substantially more options than they did a year ago. The market is moving at a slower pace, evidenced by the median days on market increasing to 84 days, which is 15 days longer than the previous year. This shift suggests that the frantic bidding wars of the past have subsided, giving buyers more leverage in negotiations and more time to conduct due diligence.

Price trends over the last six months indicate a period of stabilization following a year-over-year decline of 2.33%. After hitting a low point in August 2025 at $439,278, the median home value has seen four consecutive months of modest incremental growth, reaching $441,205 in December. This suggests that while the market corrected downward earlier in the year, it has found a new floor. The sale-to-list ratio remains at exactly 1, indicating that homes are generally selling for their asking price, reflecting a balanced alignment between seller expectations and buyer valuations.

Looking ahead, the Colorado Springs market presents a unique window of opportunity. For buyers, the combination of increased inventory and longer time on market provides a less stressful environment to find a home, though the recent month-over-month price increases suggest that the period of depreciation may be ending. For sellers, the key to success in 2026 will be patience and realistic pricing. While the market is no longer declining rapidly, the 84-day average time to sell means homeowners must be prepared for a longer marketing period and ensure their properties are in peak condition to compete with the growing number of active listings.