35Alpha

Colorado Springs, CO metro area Housing Market Brief

metro · CO · score computed October 2026

Buyer's

What is Colorado Springs, CO metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●5
Inventory Health25%
●82

Population band 5 of 5 (population 278,335–19,798,537) · comparable within its band

Affordability20%
●13
Economic Strength20%
●40
Rental Yield15%
●22

Where is Colorado Springs, CO metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Colorado Springs, CO metro area is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Colorado Springs, CO metro area?

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Colorado Springs, CO metro area housing market data

MetricValueYoYSource
Median Sale Price$459K▼ -2%Redfin
Median Days on Market62 days▲ +1.6%Redfin
Months of Supply4.7▲ +14.6%Redfin
Homes for Sale4,298▲ +10.4%Redfin
Homes Sold904▼ -7.9%Redfin
Median Price / Sq Ft$207▼ -4.6%Redfin

How has Colorado Springs, CO metro area’s Alpha Score moved?

Now: 35
2-period trend
Median sale price · 12 mo

Markets like Colorado Springs, CO metro area

Frequently asked questions

Is Colorado Springs, CO metro area a buyer's or seller's market?

In the scores computed October 2026, Colorado Springs, CO metro area is classified as a Buyer's Market, based on its Alpha Score of 35 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Colorado Springs, CO metro area?

The median sale price in Colorado Springs, CO metro area is $459K, having fallen 2% over the past year, according to Redfin.

How affordable is Colorado Springs, CO metro area?

Colorado Springs, CO metro area scores 13 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Colorado Springs, CO metro area's Alpha Score?

Colorado Springs, CO metro area's strongest dimension is Inventory Health (82/100) and its weakest is Price Momentum (5/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Colorado Springs, CO metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.