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Median Home Price in Colorado Springs, CO

The median home value in Colorado Springs, CO is $448,511 as of 2026-07-31, down 1.64% from a year earlier.

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Median Home Value

$448,511

Year-over-Year

-1.64%

Population

491,474

Colorado Springs ranks #53 of 68 Colorado cities tracked here by median home value, and sits 16.3% below the state's city median of $536,161. It sits in El Paso County, where the county-wide median is $454,073.

Housing affordability in Colorado Springs

Median household income in Colorado Springs is $84,818, so the typical home value is about 5.3× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Colorado Springs

Colorado Springs police recorded a violent crime rate of 716 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 3,449 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Colorado Springs

What is the average home price in Colorado Springs, CO?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Colorado Springs, that value is $448,511. That's down 1.64% from a year earlier. It is about 16.3% below the typical Colorado city tracked here.

Is Colorado Springs expensive compared to the surrounding area?

Homes in Colorado Springs are cheaper than El Paso County as a whole, where the median is $454,073 — a difference of about 1.2%.

Is Colorado Springs affordable?

Median household income here is $84,818, so the typical home value is about 5.3× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Colorado Springs a safe place to live?

Colorado Springs police reported 716 violent crimes per 100,000 residents, covering a population of about 491,474. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.