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COLORADO SPRINGS, CO 80923

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The COLORADO SPRINGS, CO real estate market (80923) currently shows 135 active listings, with 52 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 34 days on market compared to 32 days last year.

The median listing price has fallen 6.1% year-over-year, from $477,000 to $448,000.

Whether you are buying or selling in COLORADO SPRINGS, CO, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 31,593  ·  Density: 1,746.4/mi²  ·  Median household income: $96,965

Typical home value: $403,664  ·  Homeownership: 71.7%

Market Overview

Active Listings
135
⇧ 9.8% vs 123 last year
Pending
52
39% pending ratio
Median Price
$448,000
⇩ 6.1% vs $477,000 last year
Average Price
$464,021
⇩ 3.8% vs $482,164 last year
Days on Market
34
⇧ 6.3% vs 32 days last year

Price Per Square Foot

Median $/sqft
$224
⇧ 7.2% vs $209/sqft last year
Median Home Size
1,924 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 135 this year vs 123 last year
  • Days on market: 34 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $448,000 (-6.1% YoY)
  • Average: $464,021 (-3.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.0 miles — 1,486 listings ($767,690,824 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
80923Colorado Springs, CO 809230.0 mi118$55,409,142$464,500$469,569
80924Colorado Springs, CO 809242.8 mi186$129,045,498$699,000$693,793
80917Colorado Springs, CO 809173.1 mi100$34,370,700$353,050$343,707
80920Colorado Springs, CO 809203.7 mi127$74,287,888$537,500$584,944
80939Colorado Springs, CO 809393.9 mi11$5,398,877$488,100$490,807
80915Colorado Springs, CO 809155.1 mi93$34,350,015$387,963$369,355
80907Colorado Springs, CO 809076.6 mi106$49,634,394$449,875$468,249
80903Colorado Springs, CO 809038.4 mi58$31,922,678$452,500$550,391
80910Colorado Springs, CO 809108.6 mi134$41,571,088$319,750$310,232
80929Colorado Springs, CO 809299.1 mi3$1,802,001$600,000$600,667
80905Colorado Springs, CO 8090510.0 mi91$36,895,495$365,475$405,445
80831Peyton, CO 8083111.7 mi270$184,624,380$592,450$683,794
80925Colorado Springs, CO 8092512.0 mi189$88,378,668$455,839$467,612

Frequently Asked Questions

How many homes are for sale in COLORADO SPRINGS, CO 80923?

As of March 2026, there are 135 active listings in COLORADO SPRINGS, CO (zip code 80923), compared to 123 the prior year.

What is the median home price in COLORADO SPRINGS, CO 80923?

The median listing price in COLORADO SPRINGS, CO 80923 is $448,000 as of March 2026, a 6.1% decrease from $477,000 the prior year.

How long do homes stay on the market in COLORADO SPRINGS, CO?

Homes in COLORADO SPRINGS, CO 80923 spend an average of 34 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in COLORADO SPRINGS, CO 80923?

Based on current inventory and days-on-market data as of March 2026, COLORADO SPRINGS, CO 80923 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 34 days on market compared to 32 days last year.

How much can I save on real estate commission in COLORADO SPRINGS, CO?

With SELL123.com's maximum 3% commission, sellers in COLORADO SPRINGS, CO 80923 save an estimated $8,960 compared to a typical 5% commission on the median listing price of $448,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.