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Market Intelligence · CO / Colorado Springs

Colorado Springs, CO 80920 Housing Market

The typical home value in Colorado Springs 80920 is $509,161, down 1.1% over the past year as of September 2026. The median list price stands at $526,250, and homes are spending a median of 57 days on the market.

Updated September 2026Median value$509K

The median home value in Colorado Springs, CO 80920 is $509K as of September 2026, down 1.1% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 80920 range

$468K to $550K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.1% over 12 months

Typical home value in 80920 over the last 12 months: $515K in Sep 2025 to $509K in Sep 2026 (-1.1%).

Sep 2025$515K

Sep 2026$509K

The numbers

What is the 80920 housing market like?

Typical home value

$509K

Down1.1%YoY

Median list price

$526K

Down5.2%MoM

Days on market

57

Up29.5%MoM

Homes for sale

150

Down10.2%MoM

Price cuts

37.2%

Down19.2%MoM

New listings

34

Down29.2%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

80920 housing market forecast 2027

-0.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 80920 to fall 0.6% by September 2027.

Over the 12 months through September 2026, typical home values in 80920 fell 1.1%, per the Zillow Home Value Index.

Will home prices drop in 80920?

Zillow's forecast says they may: it expects typical home values in 80920 to fall 0.6% by September 2027, after a 1.1% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 80920 home prices compare?

  • 80920$509,161
  • Colorado Springs$430,208
  • Colorado$494,491
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Colorado Springs: 24 ZIPs; Colorado: 416 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 150 homes for sale in 80920, with 34 new listings coming on the market. The median list price is $526,250, while the typical home value is $509,161, down 1.1% over the past year. Homes are taking a median of 57 days to sell, and 37.2% of listings have taken a price cut. That is a meaningful share of sellers adjusting expectations. For a seller, the data points to a market where pricing right from the start matters more than it did a year ago.

Monthly payment

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20% · $101,832

Common questions

What people ask us.

How much is a home in 80920 worth?

The typical home value in 80920 is $509,161 as of September 2026, down 1.1% over the past year.

How long does it take to sell a home in 80920?

Homes in 80920 are spending a median of 57 days on the market as of September 2026.

Are sellers cutting prices in 80920?

Yes. As of September 2026, 37.2% of listings in 80920 have had a price cut.

Discover

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