January 2026 Housing Market Reports: Colorado Springs

by Greg Tiffin

January 2026 vs. January 2025: At-a-Glance Summary

For the complete January Market Report:

https://ppar.com/MarketTrends.aspx

Based on Pikes Peak MLS (PPMLS) year-over-year data, the Colorado Springs market shows clear signs of normalization when compared to January 2025:

All Homes (Single-Family + Condo/Townhome)

  • Active Listings: ↑ 13.1% YoY (2,843 vs. 2,514)
  • New Listings: ↑ 4.2% YoY (1,274 vs. 1,223)
  • Closed Sales: ↓ 8.5% YoY (637 vs. 696)
  • Average Sales Price: ↓ 0.9% YoY ($543,847 vs. $548,541)
  • Median Sales Price: ↓ 2.6% YoY ($469,950 vs. $482,250)

Single-Family / Patio Homes

  • Active Listings: ↑ 18.3% YoY (2,371 vs. 2,004)
  • New Listings: ↑ 9.8% YoY (1,145 vs. 1,043)
  • Closed Sales: ↓ 3.4% YoY (573 vs. 593)
  • Average Sales Price: ↓ 1.5% YoY ($535,664 vs. $543,789)
  • Median Sales Price: ↓ 2.1% YoY ($460,000 vs. $470,000)

Condo / Townhomes

  • Active Listings: ↑ 7.9% YoY (476 vs. 441)
  • New Listings: ↓ 1.6% YoY (183 vs. 186)
  • Closed Sales: ↓ 14.9% YoY (63 vs. 74)
  • Average Sales Price: ↓ 10.8% YoY ($320,046 vs. $358,977)
  • Median Sales Price: ↓ 6.4% YoY ($292,296 vs. $312,250)

Days on market is not directly reported in the PPMLS summary; however, increased months of supply across all segments indicates longer marketing times and a slower overall sales pace compared to January 2025.

This year-over-year comparison reinforces that while pricing has softened modestly and sales volume is lower, increased inventory is creating a more balanced and sustainable market heading into 2026.

As we turn the calendar to 2026, the Colorado Springs real estate market is showing familiar seasonal patterns alongside several important trends that both buyers and sellers should understand. January is traditionally a quieter month, but the latest data from the Pikes Peak region highlights a market that is gradually rebalancing after the volatility of the past few years.

A Seasonal Reset to Start the Year

January typically brings fewer new listings and slower overall activity, and this year is no exception. The charts reflect a post-holiday pause, with both new listings and closed sales dipping compared to late fall. This seasonal slowdown is normal and often temporary, setting the stage for increased activity as we move toward spring.

Inventory Levels: Slowly Improving for Buyers

One of the most notable trends is the continued improvement in inventory. Active listings are higher than they were at the same time last year, giving buyers more options and slightly more negotiating power. While inventory is still below long-term historical norms, the upward trend suggests a healthier, more balanced market than we saw during the peak seller’s market of recent years.

For sellers, this means pricing and presentation matter more than ever. Homes that are priced correctly and well-prepared are still selling, while those that miss the mark may linger on the market.

Home Prices: Stable with Modest Movement

Home prices in January 2026 appear relatively stable, with modest month-over-month fluctuations. Median and average prices remain well supported, reflecting ongoing demand driven by Colorado Springs’ strong employment base, military presence, and lifestyle appeal.

Rather than sharp price increases, the charts suggest a period of normalization. This stability can be encouraging for both sides of the transaction—buyers gain predictability, while sellers benefit from values that have largely held onto gains from previous years.

Days on Market: A More Measured Pace

Days on market have edged up compared to the ultra-fast sales environment of the past. Homes are taking a bit longer to sell, which aligns with higher inventory and more cautious buyer behavior. This shift allows buyers time to make thoughtful decisions, and it reinforces the importance of strategic pricing and strong marketing for sellers.

What January’s Data Means for Sellers

Compared to January 2025, the Colorado Springs market is more competitive and more selective. Inventory has increased by over 13% year-over-year, giving buyers more options and reducing the urgency we saw in prior years. While prices remain relatively stable, both median and average sales prices have softened slightly, reinforcing that today’s buyers are value-conscious and data-driven.

Homes that are priced accurately from the start, professionally presented, and strategically marketed continue to sell. Properties that chase the market with late price reductions often experience longer days on market and reduced negotiating leverage.

For sellers planning a move in 2026, the opportunity is still very real—but success now depends on preparation, pricing precision, and strong local guidance.

What January’s Data Means for Buyers

January 2026 market data signals a more favorable and less frenetic environment for buyers compared to a year ago. With inventory up more than 13% year-over-year, buyers have more choices and far less pressure to make rushed decisions.

Closed sales are down compared to January 2025, which reflects more cautious buyer behavior—but also less competition. Multiple-offer situations are less common, giving buyers greater leverage when it comes to negotiations, inspections, and contract terms.

While prices have softened modestly, values remain relatively stable, suggesting buyers are entering a market that is normalizing rather than declining. This creates an opportunity to focus on long-term value, location, and condition rather than competing purely on speed or price.

For buyers planning to purchase in early 2026, January’s data points to a window where patience, preparation, and strong local guidance can translate into better outcomes.

What This Means Moving Forward

Looking ahead, January’s data points to a market that is steady and more balanced, rather than overheated or stalled. As we move toward spring, increased buyer activity and new listings are expected, which will provide further clarity on price direction and demand.

  • Buyers may find early-year opportunities, less competition, and more room to negotiate than in prior years.
  • Sellers who prepare early, price accurately, and align with current market conditions will be best positioned as activity picks up.

Final Thoughts

The Colorado Springs real estate market in January 2026 is best described as stable, seasonal, and steadily recalibrating. While it may not make headlines with dramatic swings, this type of market often creates the healthiest environment for long-term decision-making.

Thinking About Buying or Selling in 2026?

Market trends vary significantly by neighborhood, price point, and property type across Colorado Springs. If you’d like a personalized look at how January’s data applies to your home—or your buying plans—I’m happy to provide a tailored market analysis and strategy built around your goals.

📍 Local insight.
📊 Data-driven advice.
🏡 A plan that fits today’s market.

Disclaimer
Based on information from the REALTOR® Services Corp (“RSC”), for the period January 2025 through January 2026. RSC does not guarantee or is in any way responsible for the accuracy of this information. Data maintained by RSC may not reflect all real estate activity in the market.

Greg Tiffin

For Greg Tiffin, real estate has always been about more than transactions-it's about service, trust, and building relationships that last long after the closing table.
Over the years, Greg has earned a reputation as the agent who is always one step ahead. His clients describe him as attentive, honest, relentlessly prepared, and deeply invested in their success. From guiding first-time buyers with patience and clarity to helping families relocate with confidence, Greg brings a calm steadiness to every step of the process.
Known for his contract expertise and strategic market knowledge, he navigates challenges with professionalism while ensuring his clients always feel informed and protected. For sellers, he coordinates everything-from contractors to staging to marketing-making properties shine and sell quickly. For buyers, he works tirelessly to find the right home, negotiate effectively, and secure winning results.
Most importantly, Greg treats every client like a partner. He listens closely, communicates consistently, and creates an experience rooted in trust and genuine care. That's why so many clients return again and again and recommend him to the people they love most.