Manitou 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

$305,300

  • 1.9% 1-year change
  • 3.1% 1-year forecast

The median home value in Manitou Springs is $305,300. Manitou Springs home values have gone up 1.9% over the past year and Zillow predicts they will rise 3.1% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Manitou Springs 3.4 homes are foreclosed (per 10,000). This is greater than the Colorado Springs Metro value of 3.1 and also lower than the national value of 3.6

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Manitou Springs is 3.4%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Manitou Springs homeowners underwater on their mortgage is 7.6%, which is lower than Colorado Springs Metro at 14.6%.

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Relative ZHVI
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Manitou Springs Market Overview

Data through Jul 31, 2015
  • $305,300 ZHVI
  • 3.1% 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
    (Jul 31, 2016)
  • No data Median listing price
  • $297,500 Median sale price
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Manitou Springs Market Health

Data through Jul 31, 2015
  • 6.1/10 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
  • 7.6% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 3.4% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

3(Apr 30, 2015) Manitou Springs
3 Colorado Springs Metro
4 United States
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Nearby Cities

Name Median ZHVI
Monument $369,600
Gleneagle $317,200
Woodland Park $239,000
Name Median ZHVI
Divide $203,100
Colorado Springs $195,100
Cimarron Hills $162,600
Name Median ZHVI
Security-Widefield $158,700
Stratmoor $127,000
Cripple Creek $123,500

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $160 Median sale price / sq ft
  • No data Listings with price cut
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Manitou Springs Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,483 Manitou Springs
    $1,342 Colorado Springs Metro
    $1,376 United States

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

  • 2.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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