Colorado Springs, CO is a great city to live in with a housing median value of $440,500. Although this is slightly higher than the US median value of $338,100, the appreciation rate for homes in Colorado Springs over the last year was 6.20%, which is still lower than the national average of 8.27%. With its wide range of amenities and vibrant economy, Colorado Springs is an attractive place to invest in property for those looking to buy a home or start a business.
The median home cost in Colorado Springs is $440,500. Home appreciation the last 10 years has been 138.9%. Home Appreciation in Colorado Springs is up 14.0%.
Average Age of Homes
- The median age of Colorado Springs real estate is 34 years old
The Rental Market in Colorado Springs
- Renters make up 38.6% of the Colorado Springs population
- 1.3% of houses and apartments in Colorado Springs, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.