Is Colorado Springs, CO 80938 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Colorado Springs is a seller’s market. With about 1.5 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.5Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list99.2%Sold price ÷ list price

Median days on market47Listing to accepted offer

Median price per sq ft$168▼ −9.6% vs. last year

Run the numbers for 80938

Prefilled for 80938Can I win this house?Multiple-offer likelihood for a listing Prefilled for 80938Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Calhan 80808Buyer’s market $235 /sq ft Cascade 80809Balanced $344 /sq ft Colorado Springs 80903Buyer’s market $318 /sq ft Colorado Springs 80904Balanced $264 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology