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Town comparisons › Colorado Springs vs Monument

Colorado Springs vs Monument

Colorado Springs and Monument are both in El Paso County. There are 977 homes for sale in Colorado Springs and 137 in Monument as this page loaded. Monument is the more expensive of the two: a median asking price of $824,900 against $500,000 in Colorado Springs, about 65% higher. Homes are moving faster in Colorado Springs — a median of 62 days on market against 87 in Monument. On months of supply both are a balanced market right now.

Side by side

MeasureColorado SpringsMonument
Homes for sale977137
New in last 30 days26831
Median asking price$500,000$824,900
Median price per sq ft$236$239
Median size (sq ft)2,2123,444
Median bedrooms44
Median days on market6287
Months of supply4.15.0
Sold, last 12 months2,845331
Median sold price$474,000$800,000
Median days to sell6972
Sold vs asking price100.0%99.0%

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

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.
Monument 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.

Colorado Springs

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

Monument

137
Homes for sale
$824,900
Median asking price
$239
Median per sq ft
87
Median days on market

Look at either town on its own

Questions people ask

Is Colorado Springs or Monument more expensive?

Monument is more expensive. The median asking price is $824,900 in Monument against $500,000 in Colorado Springs. By price per square foot, Colorado Springs runs $236 and Monument $239.

Which moves faster, Colorado Springs or Monument?

Homes for sale in Colorado Springs have been on the market a median of 62 days, against 87 days in Monument. Of the homes that actually closed in the last twelve months, Colorado Springs took a median of 69 days and Monument 72.

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

Colorado Springs is a balanced market and Monument is a balanced market, measured on months of supply — 4.1 months in Colorado Springs and 5.0 in Monument. More months of supply means more choice and more room to negotiate, so on that measure Monument 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 Colorado Springs and Monument?

There are 977 homes for sale in Colorado Springs and 137 in Monument as this page loaded, 268 and 31 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.