The housing market in Colorado Springs, CO Metro Area is thriving. The median value of homes is $456,300, which is significantly higher than the US median value of $338,100. Additionally, the one-year house appreciation rate in Colorado Springs is 10.51%, which is higher than the national average of 8.27%. These numbers indicate that this area of Colorado has a strong and healthy real estate market with high demand for homes.
The median home cost in Colorado Springs Metro Area is $456,300. Home appreciation the last 10 years has been 138.3%. Home Appreciation in Colorado Springs Metro Area is up 14.4%.
Average Age of Homes
- The median age of Colorado Springs Metro Area real estate is 32 years old
The Rental Market in Colorado Springs Metro Area
- Renters make up 33.4% of the Colorado Springs Metro Area population
- 1.1% of houses and apartments in Colorado Springs Metro Area, 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.