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Town comparisons › Calhan vs Colorado Springs

Calhan vs Colorado Springs

Calhan and Colorado Springs are both in El Paso County. There are 28 homes for sale in Calhan and 977 in Colorado Springs as this page loaded. Calhan is the more expensive of the two: a median asking price of $558,000 against $500,000 in Colorado Springs, about 12% higher. Homes are moving faster in Colorado Springs — a median of 62 days on market against 95 in Calhan. Calhan is a buyer's market right now and Colorado Springs is a balanced market.

Side by side

MeasureCalhanColorado Springs
Homes for sale28977
New in last 30 days4268
Median asking price$558,000$500,000
Median price per sq ft$270$236
Median size (sq ft)2,1472,212
Median bedrooms44
Median days on market9562
Months of supply10.54.1
Sold, last 12 months322,845
Median sold price$532,500$474,000
Median days to sell11269
Sold vs asking price100.0%100.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Calhan is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.
Colorado Springs is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.

Calhan

28
Homes for sale
$558,000
Median asking price
$270
Median per sq ft
95
Median days on market

Colorado Springs

977
Homes for sale
$500,000
Median asking price
$236
Median per sq ft
62
Median days on market

Look at either town on its own

Questions people ask

Is Calhan or Colorado Springs more expensive?

Calhan is more expensive. The median asking price is $558,000 in Calhan against $500,000 in Colorado Springs. By price per square foot, Calhan runs $270 and Colorado Springs $236.

Which moves faster, Calhan or Colorado Springs?

Homes for sale in Colorado Springs have been on the market a median of 62 days, against 95 days in Calhan. Of the homes that actually closed in the last twelve months, Calhan took a median of 112 days and Colorado Springs 69.

Is Calhan or Colorado Springs the better market for a buyer?

Calhan is a buyer's market and Colorado Springs is a balanced market, measured on months of supply — 10.5 months in Calhan and 4.1 in Colorado Springs. More months of supply means more choice and more room to negotiate, so on that measure Calhan is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Calhan and Colorado Springs?

There are 28 homes for sale in Calhan and 977 in Colorado Springs as this page loaded, 4 and 268 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.