Colorado Springs, Colorado offers plenty of wonderful attractions along with an impressive cost-of-living that makes it well worth considering. Homeowners can find plenty of housing options ranging from low cost single family homes to luxurious high rises - while renters have access to more attractive deals these days. Furthermore, groceries and transportation costs are relatively low compared with other parts of the country - giving you more value for your dollar.
The median home cost in Colorado Springs is $440,500. Home appreciation the last 10 years has been 127.1%. Home Appreciation in Colorado Springs is up 6.2%.
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
- 1.4% 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.