Colorado Springs, CO 80905 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market indicator, the median sold price of $347,000, represents the most reliable recent transaction benchmark for 80905 and, combined with a median days on market of 258, suggests slower sales velocity and material pricing friction in completed transactions.
2. There is a notable spread between the median listing price of $398,950 and the median sold price of $347,000, which may indicate elevated seller expectations relative to what buyers are paying and suggests pricing negotiation pressure on new listings.
3. Local pricing momentum is flat year-over-year and the marketTemperature is neutral, while interest rate dynamics show elevated pressure — Current 30-year fixed mortgage rates in Colorado Springs are 6.49%, which is 0.5% higher than the 5.99% average observed earlier in 2026 — together these signals point to a balanced but cautious market environment and higher financing headwinds.
4. On the rental side, the median market rent of $1,319 with rent year-over-year trend up highlights stronger rental demand relative to purchase affordability, suggesting continued landlord pricing strength and support for buy-to-rent interest in the area.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.