Home Values

Central Colorado Springs Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$170,900

  • 7.0% 1-year change
  • 3.4% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cool

Buyers' Market
Sellers' Market

The median home value in Central Colorado Springs is $170,900. Central Colorado Springs home values have gone up 7.0% over the past year and Zillow predicts they will rise 3.4% within the next year. The median list price per square foot in Central Colorado Springs is None. The median rent price in Central Colorado Springs is $850, which is lower than the Colorado Springs median of $1,175.

Foreclosures will be a factor impacting home values in the next several years. In Central Colorado Springs 1.5 homes are foreclosed (per 10,000). This is lower than the Colorado Springs value of 2.1 and also lower than the national value of 3.0

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Relative ZHVI
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Central Colorado Springs Market Overview

Data through Mar 31, 2015
  • $170,900 ZHVI
  • 3.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Mar 31, 2016)
  • No data Median listing price
  • $153,400 Median sale price
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Central Colorado Springs Market Health

Data through Mar 31, 2015
  • 6.7/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

1.5 homes Central Colorado Springs
2.1 homes Colorado Springs
3 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Northwest Colorado Springs $294,600
Southwest Colorado Springs $287,600
Briargate $266,900
Name Median ZHVI
Powers $217,400
West Colorado Springs $206,500
Northeast Colorado Springs $204,800
Name Median ZHVI
East Colorado Springs $167,000
Old Colorado City $165,400
Southeast Colorado Springs $129,700

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • $126 Median sale price / sq ft
  • No data Listings with price cut
16.8%
Sold below listing
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Central Colorado Springs Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,189 Central Colorado Springs
    $1,309 Colorado Springs
    $1,362 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $850 Rent list price
  • $0.83 Rent list price / sq ft
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