
Colorado Springs Ranks #48 on FHFA House Price Index
COLORADO SPRINGS, CO – JUNE 12, 2025
Quarter Over Quarter, Year Over Year
At of the end of the first quarter, Colorado Springs rates #48 out of the top 100 MSAs for increase in home values over the year. According to the Federal Housing and Finance Authority (FHFA), the home prices in our area rose 4.2% over the past year. This is greater than the national average of 4%. A home purchased in our metro area a year ago would resell today for 4.2% more than its sale price last year. In the last quarter alone, Colorado Springs house prices rose 2.3%. Meaning buyers paid 2.3% more for a home in the first quarter of 2025 than they did in the last quarter of 2024. That is more than three times the national average for the last quarter!

Annual Appreciation
The graph below shows an accumulated appreciation of home value year-over-year. Over the past ten years (2005-2025), home values have appreciated 149.8% in Colorado Springs. This means a house bought in 2005 more than doubled in value over the last decade! We saw a slight depreciation in the last quarter of 2024 equating to a teeny-tiny dip in home value of less than one percent. The first quarter of 2025 saw a positive appreciation of 2.26%. Between 1992 and 2025, there was an average annual appreciation in house prices of 5.6% in our market area. If you bought a Colorado Springs home sometime over the last 30 years, your property saw an average appreciation of 5.6% each year!

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Whether you are looking to buy or sell a home in Colorado Springs, we will work with you to meet your needs and achieve the best value for you. Contact us today to find out more!