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

$169,100

  • 6.0% 1-year change
  • 3.2% 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

Warm

Buyers' Market
Sellers' Market

The median home value in Central Colorado Springs is $169,100. Central Colorado Springs home values have gone up 6.0% over the past year and Zillow predicts they will rise 3.2% within the next year. The median list price per square foot in Central Colorado Springs is $126, which is higher than the Colorado Springs average of $117. The median price of homes currently listed in Central Colorado Springs is $189,900 while the median price of homes that sold is $171,150. The median rent price in Central Colorado Springs is $875, which is lower than the Colorado Springs median of $1,125.

Foreclosures will be a factor impacting home values in the next several years. In Central Colorado Springs 3.4 homes are foreclosed (per 10,000). This is greater than the Colorado Springs value of 3.0 and also lower than the national value of 4.0

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Relative ZHVI
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Central Colorado Springs Market Overview

Data through Dec 31, 2014
  • $169,100 ZHVI
  • 3.2% 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
    (Dec 31, 2015)
  • $189,900 Median listing price
  • $171,150 Median sale price
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Central Colorado Springs Market Health

Data through Dec 31, 2014
  • 6.2/10 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.
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

3.4 homes Central Colorado Springs
3 homes Colorado Springs
4 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Southwest Colorado Springs $311,900
Northwest Colorado Springs $308,900
Briargate $280,200
Name Median ZHVI
West Colorado Springs $229,300
Powers $227,900
Northeast Colorado Springs $218,200
Name Median ZHVI
East Colorado Springs $183,500
Old Colorado City $177,800
Southeast Colorado Springs $141,100

Listings & Sales

Data through Dec 31, 2014
  • $126 Median list price / sq ft
  • $127 Median sale price / sq ft
  • 15.4% Listings with price cut
10.1%
Sold below listing
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Central Colorado Springs Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,175 Central Colorado Springs
    $1,300 Colorado Springs
    $1,345 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)
  • $875 Rent list price
  • $0.84 Rent list price / sq ft
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