Colorado Springs isn’t just some random city in the mountains. It has space, energy, and a rapidly growing population. The city is pushing 488,000, with the metro area well over 700,000. Unlike crowded cities where people are stacked on top of each other, the Springs has room, with about 2,451 people per square mile. That is a huge draw for people trying to escape the madness of places like Denver or Los Angeles. You get city life without feeling like you are packed into a sardine can.

The economy here is booming. The military presence is massive, with Fort Carson, Peterson Space Force Base, and the Air Force Academy bringing in thousands of jobs. Colorado Springs is also becoming a serious tech hub, ranked as North America's second-fastest-growing tech talent market.

Companies like FedEx, Hewlett Packard Enterprise, and Oracle are moving in, and the tech workforce has grown 12 percent in five years. With a lower cost of living than Denver and some of the best outdoor access in the country, it is no surprise people are flooding in. Colorado Springs is not just growing. It is becoming one of the best places to live in the country.

The Real Estate Market in Colorado Springs, CO

As of March 2025, the median price for a single-family home in Colorado Springs is about $475,000. Compared to Denver’s $600,000 median price, that’s a solid deal for buyers looking to get more house for their money. The city’s average household income sits just over $79,000, making homeownership more attainable than in other major real estate markets. The Pikes Peak region remains a hot spot for home sales.

The typical home in Colorado Springs is around 2,200 square feet. Newer construction homes tend to be even larger, reflecting a shift in buyer demand. Most homes feature three bedrooms and two bathrooms, a layout that dominates the local market. On average, homes here stay on the market for about 60 days, though that number has been rising with inventory stacking up.

Colorado Springs covers 186 square miles, with elevations ranging from 6,000 to 7,500 feet. The city’s terrain is wildly diverse, with neighborhoods featuring everything from rolling hills and forested areas to bluffs, cliffs, and flat farmland. Some homes back right up to the mountains, while others sit on open plains with unobstructed mountain views of Pikes Peak. This variety means homebuyers need to know exactly what they want in terms of landscape, weather exposure, and accessibility before making a decision.

Things to do in Colorado Springs

The city is renowned for the Garden of the Gods, a park with striking red rock formations that provide a playground for hikers, climbers, and nature enthusiasts. Pikes Peak, one of Colorado's most famous mountains, offers hiking, driving, and a cog railway experience, presenting panoramic views at its summit. Nearby, the Broadmoor Seven Falls features cascading waterfalls in a scenic canyon, complete with hiking trails and dining options.

Colorado Springs is home to the historic district of Old Colorado City, where locals can stroll through charming streets lined with boutique shops, art galleries, and restaurants. The Manitou Springs, adjacent to the city, is a historic town known for its artisan shops and natural mineral springs. Here, one can also find the Manitou Cliff Dwellings, offering a glimpse into the ancient Anasazi culture.

Downtown Colorado Springs itself is a hub of activity where locals can engage in a vibrant mix of shopping, dining, and cultural events. Red Rock Canyon Open Space, with its hiking and biking trails, offers an outdoor escape within the city limits. These diverse activities highlight the city's rich natural beauty and cultural heritage and its commitment to providing a quality urban life balanced with outdoor adventure.

The Cheyenne Mountain Zoo, an esteemed attraction in Colorado Springs, garnered acclaim as the 4th best zoo in North America in 2020. This renowned facility is uniquely located on the slopes of Cheyenne Mountain, offering visitors not only a diverse array of wildlife and exhibits but also breathtaking views of the city with a mountain backdrop. The zoo's distinctive mountainous setting enhances the experience, providing a blend of natural habitat for the animals and a scenic backdrop for guests. This combination of wildlife, education, conservation efforts, and breathtaking scenery makes it a must-visit destination in the region.

In 2005, the Colorado Springs City Council completed and dedicated America the Beautiful Park in the downtown area. This development marked a significant enhancement to the city's urban landscape. The park spans 17 acres, with an additional 40 acres of surrounding area, offering a rich array of amenities. These include playgrounds for children, extensive walking paths for leisure and exercise, and picnic pavilions suitable for community gatherings and family outings.

A notable feature of the park, the Julie Penrose Fountain, was also dedicated in 2005. This fountain has since become an iconic symbol of Colorado Springs, reflecting its commitment to integrating art and recreational spaces in its urban environment. The park and fountain together symbolize the city's dedication to enhancing the quality of life for its residents through thoughtful urban planning and the creation of engaging public spaces.

Get Notified of New Listings for Sale

If you are looking for a home in Colorado Springs, you can use our website to set up email alerts to notify you anytime a home comes on the market. You can search a wide range of options, from zip codes and school districts, to floor plans and new home builders. Feel free to reach out to us directly. Our real estate agents have great customer service skills and are here to help whenever you need us.