Colorado Springs, Co

Population: 445,830
Average annual home appreciation rate: 8.28%
Total of homes for sale in this market: 1,124
Median home price: $229,683
Median Rent: $982
Home price range: 38% of homes are between $110,001- $220,000
Median sales price: $214,425
Number of homes: 1,268
Median foreclosure sales price: $155,550
Foreclosure discount: 27.5%
Most common home type: 60.80% of homes are single family detached
Number of vacant homes: 6.75%
Number of renters: 41.98%
Number of owner occupied: 58.02%
Number people living below poverty level: 13.73%
Unemployment rate: 3.80%
Is this area perfect for real estate deals going on right now? Colorado Springs’s appreciation rate, at 6.06%, has been at or slightly above the national average. The cumulative appreciation rate over the ten years has been 13.88%, which ranks in the top 50% nationwide. This equates to an annual average Colorado Springs house appreciation rate of 1.31%.

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