Colorado Springs Real Estate Market Report 2026 Neighborhood-by-Neighborhood Price Trends from Briargate to Black Forest

Living in Colorado Springs means being part of a unique housing community where neighborhoods each tell their own story. As we reach 2026, local market data shows a steady yet nuanced picture of how home prices are evolving across this diverse city. If you're curious about what the future holds for 2026 Colorado Springs home prices and which neighborhoods might be your best investment or new home, you came to the right place.

Let’s dive into the details and explore what's happening around Briargate, Black Forest, and everything in between.

The Overall Market Landscape in 2026

Colorado Springs continues to appeal to a wide range of buyers—from young professionals to retirees. Our local market remains competitive but is experiencing a gentle slowdown compared to the rapid growth seen earlier in the decade.

The median home value in Colorado Springs is around $441,205, reflecting a slight decrease of 2.3% over the past year. The market is characterized by homes spending approximately 53 days on the market before selling, indicating a balanced environment that favors both buyers and sellers.

According to recent data, 2026 Colorado Springs home prices are projected to see modest appreciation of about 2 to 4 percent citywide through the year, with neighborhood-level variations. The market is stabilizing after the boom years, offering new opportunities for those looking to buy or sell.

Neighorhood-Specific Insights

Briargate:

Briargate remains a popular choice for families and professionals. Prices here are averaging in the low $400,000s, with homes typically on the market for about 60 days. New listings in Briargate are slightly up, providing more options for buyers. Expect 2026 Colorado Springs home prices in Briargate to hover around $410,000 to $430,000 as demand continues but at a tempered pace.

Castle Rock:

While technically outside the city, Castle Rock’s proximity makes it part of many local market conversations. Prices are trending upward but remain competitive. Expect median prices around $520,000, with some homes taking longer to sell. The neighborhood’s appeal is likely to sustain 2026 Colorado Springs home prices in the high $500,000s.

Black Forest:

Known for its rural charm and larger lots, Black Forest has seen a slow but steady increase in home values. The median price here is approximately $680,000. Homes tend to stay on the market a bit longer—around 70 days—reflecting buyers’ desire for space and privacy. Expect 2026 Colorado Springs home prices in Black Forest to edge upwards, driven by lifestyle preferences.

Northgate and Powers Area:

Multiple new developments are pushing up prices in these areas. Currently, homes average around $400,000, with some reaching $430,000. As more properties come on the market, buyers will have more choices, and 2026 Colorado Springs home prices should stabilize at these levels or modestly increase.

Patience Is Key

In 2026, finding the right property might require patience. Homes are averaging 65 days on market, giving buyers the chance to shop more thoroughly. Sellers, meanwhile, should price wisely. Overpricing could prolong your sale, especially as market appreciation stabilizes.

Actionable Strategies for Buyers and Sellers

For Buyers:

Keep an eye on neighborhoods like Briargate or the Northgate area, where prices are starting to plateau but still present good value.

Get pre-approved to move quickly when your dream home hits the market.

Be prepared for a slightly longer buying process compared to the frenetic pace of earlier years.

For Sellers:

Price your home competitively based on recent comparable sales, such as the $441,205 average Zillow home value (source).

Enhance your home’s appeal with small upgrades, especially in neighborhoods like Black Forest where buyers demand quality and privacy.

Work with an experienced local agent like Ted Bachara who understands the nuances of each neighborhood's market.

Market Data and Resources

Recent reports highlight that active listings declined sharply in December of 2025, signaling a tightening inventory—yet prices have begun to bottom out after consistent growth. Homes in Colorado Springs are expected to behave similarly to other markets in Colorado, showing modest appreciation and stable demand in 2026.

For real-time insights and specific neighborhood data, check out the Zillow home values for Colorado Springs and keep in touch with local experts.

The Bottom Line

While we’re seeing a stabilization in 2026 Colorado Springs home prices, opportunities remain. Whether you’re looking to purchase or sell, understanding neighborhood-specific trends and timing your moves carefully can make all the difference.

Living here means embracing the city’s blend of vibrant community and natural beauty, all while navigating an evolving market.

If you’re ready to discuss your real estate goals, I’m here to help. Call me today at 719-661-1773 or email [email protected] to explore your options in Colorado Springs.

Visit my website for more insights at tedbachara.com and let’s make your homeownership dreams a reality in 2026.

Ready to take the next step in Colorado Springs real estate? Contact Ted Bachara today and let’s turn your vision into reality.