Iconic Colorado Properties
Rob Thompson, Realtor
719.440.6626  |  rob@iconiccoloradoproperties.com
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Colorado Springs Housing Market — March 29, 2026

March 29, 2026 — Rob Thompson, Realtor
March 29, 2026 · elevateMLS
Buyer-Favoring Market
3,772
Active Listings
$495,000
Median Price
$618,064
Avg Price
75
Avg DOM
1,069
Sold (30d)
1,749
Pending
Market Health
Avg CPOLP 96.3% vs. original asking
Median CPOLP 97.7% midpoint of all sales
Attrition Ratio 2.27 healthy — sold vs. failed
Avg Days to Close 65 from list to sold
Months of Supply 3.5 tight inventory
FPVI 97.7% where pending deals are headed
Year-Over-Year
↓ 3.8% Median price: $462,688 → $445,000
Strongest Seller Zip
81008
102.4% CPOLP
Best Buyer Value
81004
84.5% CPOLP
Affordability Snapshot
$3,468/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.
↑ 84%
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.
53%
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.
National Signals
327.5
Case-Shiller Index
▲ +1.3% YoY. National home price trend — local prices track at r=0.98.
1,487K
Housing Starts
▲ +9.5% YoY. New construction nationally — leads local sales volume in real time.
56.6
Consumer Sentiment
▼ -12.5% YoY. U of Michigan index — weak predictor of local prices, but tracks buyer confidence.
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 29, 2026. CPOLP = Close Price to Original List Price.

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