If you are planning a move to Colorado Springs, you probably want to know what the local housing market looks like before you make any decisions. This is a snapshot of the Colorado Springs and Pikes Peak region market for October 2025, based on single-family and patio home data from the Pikes Peak Multiple Listing Service (PPMLS). The short version: prices held steady, more homes came up for sale, and the pace slowed a little heading into winter. That added up to a more balanced market.
One important note before we dig in. These numbers reflect October 2025, and the market shifts from month to month. By the time you read this, conditions may look different. For the latest figures and what they mean for your situation, it is worth talking to a local agent who tracks this region every day.
The numbers at a glance
Here are the key metrics for single-family and patio homes across the Colorado Springs area in October 2025.
| Metric | October 2025 | Change |
|---|---|---|
| Average sale price | $543,590 | Down 3.8% from Sept; down 2.5% vs. Oct 2024 |
| Median sale price | $473,500 | Down 1.2% from Sept; down ~0.3% vs. Oct 2024 |
| Closed sales | 876 | Down 14.6% from Sept |
| New listings | 1,389 | Up 4.6% from Sept |
| Active listings | 3,918 | Down 2.3% month over month; up 15.4% vs. Oct 2024 |
| Months of supply | 4.4 | Up from 3.9 in Sept and 3.2 in Oct 2024 |
| Average days on market | ~60 | — |
| Homes under contract | 1,366 | Slightly below Oct 2024's 1,434 |
What the prices tell us
The average sale price landed at $543,590, which was down 3.8% from September and 2.5% lower than the same time last year. The median sale price came in at $473,500, off just 1.2% from September and roughly 0.3% below October 2024.
The median is often the more useful number for everyday buyers because it sits right in the middle of all sales and is not pulled up or down by a few very expensive homes. The fact that the median barely moved year over year tells you that home values in Colorado Springs have been remarkably steady. For a military family budgeting a purchase, that stability is reassuring. You are not chasing a fast-moving target.
If you are buying with a VA loan (a home loan backed by the Department of Veterans Affairs), steady prices make it easier to plan around your Basic Allowance for Housing (BAH), the monthly housing stipend the military provides. New to all of this? Our complete guide to buying your first home with a VA loan walks through the basics step by step.
More homes, a little more breathing room
October brought 1,389 new listings, up 4.6% from September. There were 3,918 active listings on the market, down 2.3% from the previous month but a notable 15.4% higher than October 2024. In plain terms, there were a lot more homes to choose from than there were a year ago.
That shows up clearly in the months of supply, which measures how long it would take to sell every home currently listed if no new ones came on. Colorado Springs sat at 4.4 months of supply in October, up from 3.9 in September and 3.2 a year earlier. A market with roughly six months of supply is generally considered balanced between buyers and sellers, so 4.4 still tilts slightly toward sellers but is far friendlier to buyers than it was a year ago.
More inventory means more options and, often, more room to negotiate. If you are weighing whether to buy or keep renting, that calculus changes when supply opens up. We broke down that decision in our guide to buying versus renting near a military base, and the same thinking applies in Colorado Springs.
