Colorado Springs named top real estate market for 2025 by popular real estate site
COLORADO SPRINGS, Colo. (KRDO) - A popular real estate website, Realtor.com, named Colorado Springs as its top real estate market for 2025.
According to the site, their top markets for 2025 share several unifying themes. Those are regional concentration in the South and West, considerable recent sales growth, abundant inventory, in many cases driven by new construction, and younger populations, many of whom are connected to the military or have international ties. These markets are also relatively lower-cost and continue to benefit from flexible work arrangements, the site claimed.
"The things that jumped out to us in 2025, based on this year's list is that we've got a lot of younger households in these markets," Danielle Hale, chief economist for Realtor.com told KRDO13.
Hale said despite home prices not dropping, the high military population in Colorado Springs benefits from advantages such as VA home loans, which provide an easier path to homeownership.
According to Realtor.com, the median list price last month in Colorado Springs was $485,000. Their project year-over-year increase in existing home sales in 2025 is 27.1 percent.
The Realtor.com Top 10 real estate markets for 2025 are:
- Colorado Springs, Colo.
- Miami-Fort Lauderdale-Pompano Beach, Fla.
- Virginia Beach-Norfolk-Newport News, Va.-N.C.
- El Paso, Texas
- Richmond, Va.
- Orlando-Kissimmee-Sanford, Fla.
- McAllen-Edinburg-Mission, Tx
- Phoenix-Mesa-Chandler, Ariz.
- Atlanta-Sandy Springs-Alpharetta, Ga.
- Greensboro-High Point, N.C.
For more information, visit Realtor.com.
Do Colorado Springs real estate agents agree?
"I think for us to see a 27% value increase, I think we're going to have to see a lot more movement in our long-term rates than what I see," Tiffany Lachnidt has been working the Colorado Springs Real estate market for almost 20 years and expressed some skepticism about the Realtor.com report.
She's not alone. Eddie Hurt, with ERA Shields Real Estate, said he would be surprised if Colorado Springs saw a 27% jump in 2025.
However, Lachnidt did say that the market is set up for a boom, "Our market is primed to have another big boom. but whether or not it's going to come in 2025 is the question. We have a lot of pent-up demand because our value home values here haven't dropped at the hands of interest rates going up."
A lot of that pent-up demand is coming from people who can only hold off on buying a new home for so long after waiting out what Lachnidt called an unhealthy real estate environment over the last seven to eight years.
KRDO13 asked Bryan Rodriguez, a longtime Colorado Springs realtor, about the outlook for 2025 and beyond,
"The real estate market itself is poised to benefit from stabilizing interest rates, expected to dip into the low 5% range, improving purchasing power and fostering market activity. However, with ongoing labor and material constraints limiting new construction, homeownership will continue to be a luxury, keeping supply tight and prices steady."
For perspective homebuyers, Lachnidt cautioned against trying to 'time the market' and said rather buyers should focus on their own timing and when they can afford it because when you try to time the market it seldom works out.
