Cripple Creek, CO Homes for Sale & Real Estate

Living in Cripple Creek, CO

Cripple Creek is a small historic mountain town in Teller County, known for its old mining roots and scenic views. With a population just over 1,000 in 2025, it offers a quiet lifestyle just west of Colorado Springs. The town is best known for its vibrant casinos, museums like the Cripple Creek & Victor Narrow Gauge Railroad, and annual events that bring visitors from across Colorado. People enjoy mild summers and snowy winters, which are perfect for exploring local hiking trails and gold rush history. Daily life is centered around Main Street, with restaurants, grocery basics, and small local businesses within easy reach. Cripple Creek’s cost of living is lower than in Denver or the Springs, and the housing market offers competitive prices. Some homeowners in Cripple Creek still find small pieces of gold while gardening, a reminder of the area’s rich mining past.

Families in Cripple Creek appreciate the sense of community, with most residents owning their homes and enjoying the quiet surroundings. Public schools are part of the Cripple Creek-Victor School District, and there are plenty of outdoor opportunities in the nearby mountains and parks. The area is popular for short-term vacation rentals, especially in the summer when tourism peaks and when historic train rides and festivals fill the calendar. For those considering investment, short-term rentals in Cripple Creek have above-average occupancy rates in July and high earning potential compared to other Colorado mountain towns. The city’s official website provides updates on new projects, events, and local services. At the annual Donkey Derby Days festival, you can see descendants of the original mining donkeys still roaming freely through town.