The Colorado Springs market right now
Sales figures: Redfin Data Center, market tracker (Redfin, a national real estate brokerage), Colorado Springs, CO metro area, May 2026, all residential property types. Few homes sell here in a month, so the median can swing a lot from one month to the next. Typical value: Zillow Home Value Index (ZHVI), Zillow Research, August 2026, mid-tier homes, seasonally adjusted. These are area-wide figures, not a value for any one home.
Show the numbers
| Month | Median sale price |
|---|---|
| Aug 2026 | $448,492 |
| Jul 2026 | $448,199 |
| Jun 2026 | $448,396 |
| May 2026 | $449,560 |
| Apr 2026 | $451,503 |
| Mar 2026 | $453,482 |
| Feb 2026 | $455,056 |
| Jan 2026 | $456,013 |
| Dec 2025 | $456,623 |
| Nov 2025 | $456,483 |
| Oct 2025 | $455,836 |
| Sep 2025 | $455,050 |
| Aug 2025 | $454,764 |
| Jul 2025 | $455,140 |
| Jun 2025 | $456,311 |
| May 2025 | $458,124 |
| Apr 2025 | $460,676 |
| Mar 2025 | $463,218 |
| Feb 2025 | $465,349 |
| Jan 2025 | $466,545 |
| Dec 2024 | $466,929 |
| Nov 2024 | $466,902 |
| Oct 2024 | $466,508 |
| Sep 2024 | $466,096 |
| Aug 2024 | $465,516 |
Source: Zillow Home Value Index. Monthly figures, not seasonally adjusted, so some ups and downs are just the time of year.
What the metro area covers
The Census Bureau counts about 777,634 people in the Colorado Springs, CO metro area, across 2 counties. Property taxes, recording fees and some transfer taxes are set county by county, so check the county your home is in.
| County | Population (2024 estimate) |
|---|---|
| El Paso County, CO | 752,772 |
| Teller County, CO | 24,862 |
Towns with the most ZIP codes in the area: Colorado Springs, Usaf Academy, Woodland Park, Monument, Palmer Lake, Calhan, Cascade, Fountain, Green Mountain Falls, Manitou Springs, Peyton, Ramah.
Population and counties: U.S. Census Bureau, Vintage 2024 population estimates and 2023 metro delineations.
Colorado rules that affect sellers
Transfer tax
Colorado has no true state transfer tax, only a state documentary fee of one cent for each $100 of the sale price (about $30 on a $300,000 home), charged when the deed is recorded and only on sales over $500. Who pays it is set by the purchase contract. A small number of resort towns, such as Aspen, charge their own real estate transfer tax.
Local add-ons: A few home-rule resort towns levy their own real estate transfer tax (for example Aspen, 1.5% combined, which the city says is the buyer's responsibility). Most of the state has none.
Seller disclosure
Colorado has no statute requiring a single general seller disclosure form. The Colorado Real Estate Commission publishes a Seller's Property Disclosure form that is commonly used in brokered sales, and sellers are expected to disclose known material defects. Separate statutes require specific written disclosures, such as the source of drinking water (C.R.S. 38-35.7-104) and the special taxing district notice (C.R.S. 38-35.7-101).
Who handles the closing
Colorado closings are customarily handled by title companies, and state law does not require an attorney at closing, though either side may hire one.
Source: HomeLight, states that require a real estate attorney at closing (secondary source)
Also worth knowing
If the seller's last known address is outside Colorado and the price is over $100,000, the closing company generally withholds 2% of the sale price or the net proceeds, whichever is less, for state income tax. Sellers who qualify for an exemption, such as selling their principal residence, can sign an affirmation to avoid it.
Also worth knowing
Sellers of homes must tell the buyer in writing where the drinking water comes from (a well, a named water provider, or another source) and hand over a copy of the well permit if there is a well.
Source: C.R.S. 38-35.7-104
Also worth knowing
Every residential purchase contract must include a bold notice that special taxing districts can carry debt that may raise property taxes. A seller who leaves it out can be sued for damages.
Source: C.R.S. 38-35.7-101
Checking an agent's license
Real estate agents in Colorado are licensed by the Colorado Division of Real Estate (Department of Regulatory Agencies). You can look up any agent before you work with them.
Colorado Division of Real Estate (Department of Regulatory Agencies) license lookup
Rules checked 2026-09-30. They change, and local practice varies: confirm with your title company, closing attorney or agent before relying on them. This is general information, not legal or tax advice.