Iconic Colorado Properties
Rob Thompson, Realtor
719.440.6626  |  rob@iconiccoloradoproperties.com
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Colorado Springs Housing Market — March 19, 2026

March 19, 2026 — Rob Thompson, Realtor
March 19, 2026 · elevateMLS
Buyer-Favoring Market
3,618
Active Listings
$490,000
Median Price
$613,068
Avg Price
78
Avg DOM
0
Sold (30d)
0
Pending
Market Health
Year-Over-Year
↓ 3.8% Median price: $462,688 → $445,000
Affordability Snapshot
$3,436/mo
Median Monthly Cost
Mortgage + taxes + insurance at 6.1% on a 30-year fixed loan with no down payment. This is what a median-priced home actually costs per month.
↑ 82%
vs. January 2020
Monthly cost was $1,890 in Jan 2020 (median $325K at 3.62%). This measures how much more (or less) it costs to buy the same median home today.
52%
Payment-to-Income Ratio
Median monthly cost as a share of El Paso County median household income ($79,026/yr). Under 28% is considered affordable by most lenders.
Economic Context
4.0%
Unemployment Rate
▼ Declining. Employment drives housing demand — low unemployment supports prices and faster sales.
335,200
Local Jobs
Colorado Springs MSA nonfarm employment.
What This Means

Affordability constraints and softening demand are giving buyers more leverage. Sellers need to price competitively from day one — the market punishes overpricing.

Explore the Interactive Market Page

Rob Thompson, Realtor

Iconic Colorado Properties

719.440.6626 · rob@iconiccoloradoproperties.com

Data sourced from elevateMLS. Updated March 19, 2026. CPOLP = Close Price to Original List Price.

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