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Colorado Springs Ranks #36 In Top 100 Metro Areas For Increase In Home Value Over The Last Year

Colorado Springs Ranks #36 in Top 100 Metro Areas for Increase in Home Value Over the Last Year

The Federal Housing Finance Agency ( collects information on home purchases within Metropolitan Statistical Areas (MSA) to track the change in home values over time.

In 2021, Colorado Springs ranked #36 out of the top 100 MSAs for increase in home values over the year.

The last quarter of 2021 shows a 1.3% rise in house prices over the third quarter, with an overall 18.1% rise over the last year. The national average, in comparison, shows a 17.5% rise in house prices over that same year.

Looking over the years of 2001 through 2021, Colorado home values have appreciated by 177.3%! All four quarters of 2021 showed a positive increase in value, as you can see in the chart below. Since 1992, appreciation of home values in the city has averaged 5.9% annually.

The housing market is still very hot and very competitive. If you are interested in buying or selling, contact us for expert service in the Colorado Springs market.

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