Pikes Peak Region Real Estate Market Trends
Current Market Statistics
PPAR tracks the data that matters most — median home prices, average days on market, active listings, and closed sales across El Paso County.
- 1,101 +CLOSED SALES
- $450KMEDIAN SALE PRICE
- 803AVG SHOWINGS PER DAY
- 59AVG DAYS ON MARKET
September 2026: 1,101 + Closed Sales | $450K Median Sale Price | 803 Avg Showings Per Day | 59 Avg Days On Market
This data reflects all property types within the elevateMLS market.
* Showing Data is for the previous month
Pikes Peak Region Real Estate Market Trends & Statistics
Understanding the real estate market across the Pikes Peak Region is essential — whether you are buying, selling, renting, or simply keeping an eye on your investment. PPAR tracks comprehensive market data across Colorado Springs, El Paso County, and the surrounding communities, publishing monthly statistics and trend analysis sourced directly from thousands of active local REALTORS®. This is the most accurate, locally grounded real estate market data available anywhere in the Pikes Peak Region.
Housing Market Overview
The Pikes Peak Region housing market is shaped by a unique combination of factors — a strong and diversified local economy, significant military presence, consistent population growth, and a geographic setting that draws residents from across Colorado and beyond. Understanding the broader market context helps buyers, sellers, and renters make smarter decisions at every stage of their real estate journey across El Paso and Teller Counties.
Pikes Peak Regional Housing Market
The Pikes Peak Region encompasses a diverse range of communities and property types — from dense urban neighborhoods in central Colorado Springs to rural properties in Teller County and growing suburban communities like Monument, Fountain, Woodland Park, and Peyton. Market conditions can vary significantly across this geography, which is why local data and local expertise matter more here than almost anywhere else in Colorado.
El Paso County Housing Market
El Paso County is the largest market within the Pikes Peak Region and the primary driver of regional real estate trends. With consistent demand from military families, remote workers, Colorado transplants, and longtime local residents, El Paso County has maintained strong long-term appreciation while experiencing the same inventory and affordability pressures seen across much of the Front Range.
Housing Market in Colorado Springs CO
Colorado Springs is the economic and population center of the Pikes Peak Region and one of the fastest-growing cities in Colorado. The Colorado Springs housing market is characterized by strong buyer demand, limited inventory relative to population growth, and price points that remain more accessible than Denver and other Front Range metros — making it an attractive market for both buyers and investors.
Real Estate Market in Colorado Springs – Trends
The Colorado Springs real estate market has experienced significant evolution over the past decade — driven by population growth, remote work migration, military expansion, and increasing demand from buyers priced out of larger Front Range markets. While the pace of appreciation has moderated from the peaks seen in 2021 and 2022, the Pikes Peak Region continues to see healthy activity and long-term demand fundamentals that support a stable, active market. PPAR’s monthly market reports give you the most current data available to track these trends across El Paso and Teller Counties.
Is Now a Good Time to Buy a House?
It is one of the most common questions in real estate — and the most honest answer is that the right time to buy depends far more on your personal situation than on any market condition. That said, the Pikes Peak Region offers several compelling fundamentals for buyers: a strong local economy, consistent long-term appreciation, a diverse range of communities and price points across El Paso and Teller Counties, and a quality of life that continues to draw new residents from across Colorado and the country.
A local PPAR REALTOR® can give you a candid, data-driven assessment of current market conditions in your target area and help you weigh the timing question based on your specific goals, timeline, and financial situation — not generalizations.
Market Data by Area
Real estate is hyper-local — and conditions across the Pikes Peak Region vary meaningfully from one community to the next. Use our area-by-area market data to understand pricing, inventory, and demand in the specific communities that matter most to you.
