Cities with the fastest growing home prices in Colorado Springs metro area

Written by:
August 23, 2022
Volodymyr Kyrylyuk // Shutterstock

Cities with the fastest growing home prices in Colorado Springs metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Colorado Springs, CO metro area using data from Zillow. Cities are ranked by 1-year price change as of August 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 18 cities and towns with data available were included in the list.

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Stacker

#18. Victor, Colorado

- 1-year price change: +$39,070 (+21.9%)
- 5-year price change: +$104,686 (+92.9%)
- Typical home value: $217,392 (#18 most expensive city in metro)
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Stacker

#17. Cripple Creek, Colorado

- 1-year price change: +$43,051 (+17.6%)
- 5-year price change: +$108,894 (+60.8%)
- Typical home value: $287,935 (#17 most expensive city in metro)
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Stacker

#16. Stratmoor, Colorado

- 1-year price change: +$43,103 (+13.3%)
- 5-year price change: +$188,200 (+105.1%)
- Typical home value: $367,313 (#16 most expensive city in metro)
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Stacker

#15. Green Mountain Falls, Colorado

- 1-year price change: +$44,223 (+11.1%)
- 5-year price change: +$213,636 (+93.1%)
- Typical home value: $443,201 (#10 most expensive city in metro)
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Stacker

#14. Security-Widefield, Colorado

- 1-year price change: +$48,040 (+13.1%)
- 5-year price change: +$201,288 (+94.2%)
- Typical home value: $414,903 (#14 most expensive city in metro)

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Stacker

#13. Fountain, Colorado

- 1-year price change: +$48,865 (+12.8%)
- 5-year price change: +$203,236 (+89.4%)
- Typical home value: $430,599 (#11 most expensive city in metro)
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Stacker

#12. Colorado Springs, Colorado

- 1-year price change: +$55,066 (+12.8%)
- 5-year price change: +$220,120 (+83.0%)
- Typical home value: $485,179 (#7 most expensive city in metro)
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Stacker

#11. Florissant, Colorado

- 1-year price change: +$61,465 (+16.9%)
- 5-year price change: +$163,355 (+62.5%)
- Typical home value: $424,643 (#12 most expensive city in metro)
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Stacker

#10. Yoder, Colorado

- 1-year price change: +$62,590 (+17.5%)
- 5-year price change: +$163,355 (data not available)
- Typical home value: $419,476 (#13 most expensive city in metro)
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Stacker

#9. Rush, Colorado

- 1-year price change: +$64,464 (+21.3%)
- 5-year price change: +$133,530 (+57.1%)
- Typical home value: $367,579 (#15 most expensive city in metro)

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Stacker

#8. Divide, Colorado

- 1-year price change: +$65,818 (+16.2%)
- 5-year price change: +$178,899 (+61.2%)
- Typical home value: $471,058 (#9 most expensive city in metro)
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Stacker

#7. Manitou Springs, Colorado

- 1-year price change: +$69,813 (+13.3%)
- 5-year price change: +$251,589 (+73.0%)
- Typical home value: $596,265 (#3 most expensive city in metro)
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Stacker

#6. Calhan, Colorado

- 1-year price change: +$70,863 (+17.7%)
- 5-year price change: +$194,013 (+69.8%)
- Typical home value: $471,865 (#8 most expensive city in metro)
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Stacker

#5. Woodland Park, Colorado

- 1-year price change: +$72,076 (+15.6%)
- 5-year price change: +$201,963 (+60.9%)
- Typical home value: $533,812 (#6 most expensive city in metro)
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Stacker

#4. Palmer Lake, Colorado

- 1-year price change: +$73,750 (+15.1%)
- 5-year price change: +$247,328 (+78.4%)
- Typical home value: $562,778 (#5 most expensive city in metro)

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Stacker

#3. Gleneagle, Colorado

- 1-year price change: +$73,863 (+12.6%)
- 5-year price change: +$260,358 (+65.4%)
- Typical home value: $658,557 (#2 most expensive city in metro)
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Stacker

#2. Peyton, Colorado

- 1-year price change: +$75,047 (+15.4%)
- 5-year price change: +$246,227 (+77.8%)
- Typical home value: $562,864 (#4 most expensive city in metro)
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Stacker

#1. Monument, Colorado

- 1-year price change: +$108,269 (+15.2%)
- 5-year price change: +$327,427 (+66.3%)
- Typical home value: $821,219 (#1 most expensive city in metro)

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