Top 6 Reasons Colorado Springs Real Estate Market Is Hot for Homebuyers in 2025

Located at the foot of the Rockies, Colorado Springs is renowned for its stunning natural beauty, vibrant culture, and thriving economy. Be it safe neighborhoods for your kids or open spaces to visit with your loved ones on a quaint weekend, the city has something to offer everyone.

While homes cost a tad bit north of the US median, the city more than makes up with the quality of life it offers. Besides, the median income is also 5.93% higher than the nationwide average. If you’re looking for a place for your next move, here’s why Colorado Springs should top your list:

1. Increasing Property Values

The Colorado Springs real estate market is expected to sway in buyers’ favor in 2025. This is largely due to the steady drop in the number of homes sold above list price, down 0.92 pts YoY. Local home prices have also steadily increased, noting a 7.2% hike YoY in late 2024.

The current median home sale price in Colorado Springs is $463K. This is expected to surpass $1 million by 2033, which makes investing in a home here a great long-term financial choice. Browse Colorado Springs homes for sale online before a site-visit to save time and energy when choosing your next home.

2. Growing Job Opportunities 

Colorado Springs has a robust and diversified economy, which has helped it rank 5th in the Milken Institute's Best-Performing Cities in the United States in 2025. Key sectors that add to the local revenues include aerospace, defense, tourism, healthcare and other high-tech industries. 

Key Sectors and Employers

• Aerospace: The U.S. Space Force, Peterson Space Force Base, and Schriever Space Force Base
• Defense: Lockheed Martin, Northrop Grumman, and Raytheon Technologies
• High-Tech: Cybersecurity and software development companies
• Tourism and Hospitality: Colorado Springs is known for its natural beauty and recreation opportunities, making tourism and hospitality industries sustainable

The local GDP grew 1.5x faster than the US last year, which added 4,000 jobs and $1.7 bn in capital investment in the region. A flourishing economy also fuels the demand for housing, which makes it a competitive real estate market. 

3. Family-Friendly Neighborhoods

Colorado Springs is known for its family-friendly neighborhoods like Briargate, Old Colorado City, and Broadmoor that offer excellent schools, parks, and amenities. The city’s top-rated school districts and diverse extracurricular activities make it especially great for families.

Residents can enjoy cultural events like the Colorado Springs Fine Arts Festival, Bust Rodeo, and Labor Day Lift Off. Explore neighborhoods on online real estate platforms like Houzeo to find one that fits your needs—be it for your family or for remote work. 

4. Diverse and Free Outdoor Activities

Irrespective of age, you can easily find numerous outdoor recreational activities. The favorable weather also lets you enjoy these activities year-round. 

Top Recreational and Outdoor Attractions in Colorado Springs:

• Pikes Peak

It is also popularly known as “America’s Mountain”, Visit Pikes Peak to experience the scenic Pikes Peak Highway or hike on the Barr Trail.

• Garden of the Gods

This park is a registered National Natural Landmark that features dramatic views of 300′ sandstone rock formations. You can also hike or bike one of the numerous trails, or participate in rock climbing. 

• Red Rock Canyon

This is a popular spot for hiking, wildlife viewing, and rock climbing. It has a diverse landscape, which includes red rock formations, canyons, and open grasslands. 

• Pioneers Museum

Originally the Courthouse, the Pioneers Museum dates back to the mid-1800s. It is an important cultural icon for the city, and houses artifacts from the native Arapaho, Cheyenne and Ute tribes.

• Cheyenne Mountain Zoo

This is America’s only mountain zoo, and offers incredible views of the city. It is home to over 750 animals, including giraffes, rhinos, bears, and over 30 endangered species.

5. High Quality of Life

Colorado Springs offers all upsides of urban living, while also staying close to nature. The city has a high quality of life that all homebuyers can greatly benefit from. It offers:

• High-quality education with both public and private schools, like The Vanguard School, and universities like UCCS, and Colorado College.

• Various arts and culture centers like the Colorado Springs Fine Arts Center or the Pikes Peak Center for the Performing Arts, as well as numerous galleries and museums.

• Convenient transportation facilities with a well-maintained road network, public transportation (MMT), and the Colorado Springs Airport.

• Downtown areas with several shops, like Manitou Springs or First & Main Town Center, convenient healthcare, and reliable high-speed internet access.

6. Affordability 

Colorado Springs is an affordable choice to live in among Colorado’s major cities. The median house here costs $463K, much lower than Denver’s $580K and Fort Collins’ $531K. 22.7% of homes also saw a price drop in 2024, up 1.9 pts YoY, which indicates a market shift in favor of buyers.

Although housing costs 11% higher than the US median, utilities cost a whopping 19% less. Transportation and healthcare also cost 3% and 2% less respectively, which makes for highly affordable living. 

Is the Colorado Springs Real Estate Market Right for Me?

Colorado Springs presents a compelling opportunity if you are looking for a home or a long-term investment property. Colorado Springs is highly affordable compared to other cities in the State and offers a great quality of life, a strong sense of community, and a vibrant economy. 

Whether you're relocating or starting a family, Colorado Springs is an especially great choice due to its range of schools and public recreations. Make sure you have clarity on your needs to find the perfect home that matches your budget.