Colorado Springs cityscape with new tech offices and mountain backdrop, showing growth and community appeal

Why Is Colorado Springs Becoming a Tech Talent Magnet — and How That Impacts Housing Demand

Real Estate Broker in Colorado Springs, CO
September 27, 2025•4 min read

If you've been paying attention to Colorado Springs in recent years, you've noticed some exciting shifts. The city is transforming from a picturesque mountain town into a burgeoning hub for tech talent. This shift isn't just a passing trend; it's reshaping the local real estate landscape in profound ways.

Let's explore what’s driving Tech industry growth Colorado Springs and how this impacts housing demand in our community. Whether you’re a buyer, seller, or investor, understanding these trends can help you make smarter decisions.

The Rise of Tech in Colorado Springs
Why is Tech industry growth Colorado Springs gaining momentum? Historically, Colorado Springs thrived on defense and aerospace industries. But now, tech companies are increasingly setting roots here. Companies recognize the city’s affordability, access to military and research institutions, and high quality of life.

External sources, like a recent report from CBRE, highlight this shift. They point out that “distributed and remote work models are expanding tech talent labor pools,” allowing smaller cities like ours to attract professionals who might have previously clustered in Silicon Valley or Denver.

The Attractiveness of Colorado Springs for Tech Talent
What makes Colorado Springs so appealing to tech professionals?

Cost of living matters. Compared to Denver or San Francisco, housing is far more affordable here. According to recent data, median home prices in Colorado Springs hover around $420,000, significantly lower than the larger metropolitan areas.

Location also plays a role. The city offers outdoor recreation, a welcoming community, and strong educational institutions. Many tech workers enjoy the balance of a thriving career and mountain adventures just minutes away.

Remote Work and Urban Decentralization
The game-changer is the rise of fully remote work. As the Siteselection.com article points out, “While tech talent growth slowed in some major markets, many firms are now fully remote as an option.”

For Colorado Springs, this means a surge in out-of-state tech professionals choosing to call our city home. They’re bringing not only their careers but also their demand for housing.

How Tech Growth is Fueling Housing Demand
More tech talent means increased demand for housing across all segments—single-family homes, townhomes, and luxury properties.

Here’s what we’re seeing locally:

  • An uptick in home sales. Recent stats show Colorado Springs home sales have increased by approximately 8.9% year-over-year, reflecting rising demand.

  • Shorter days on market, meaning homes are selling faster.

  • Elevated home prices, which puts homeownership slightly out of reach for some first-time buyers but also signals a robust market.

This surge is benefiting sellers but challenging buyers searching for affordability. It’s a classic case of supply and demand dynamics, with new home construction trying to keep pace but still lagging behind.

Market Insights and Actionable Advice
For buyers considering Colorado Springs, it’s smart to act sooner rather than later. As demand continues to rise, locking in a rate or home now could be advantageous.

Investors should watch for opportunities in neighborhoods experiencing rapid appreciation. Areas like Briargate or North Nevada have seen increased interest from tech newcomers.

Sellers, on the other hand, can capitalize on this trend by positioning their homes well. Curb appeal, smart staging, and highlighting proximity to tech employment hubs can make a difference.

Local Market Data and Future Outlook
According to the latest market reports, our local market remains resilient. Colorado Springs continues to be one of the fastest-growing markets in the region.

Projections from Realtor.com forecast that regions like ours will see continued appreciation, with some estimates suggesting an overall growth of around 8.9% in the next year.

Looking ahead, master-planned communities and new developments are anticipated to support this growth, providing more options for tech professionals wanting to settle here.

In Conclusion
The Tech industry growth Colorado Springs phenomenon is more than just a headline. It’s a catalyst for economic vibrancy and housing market dynamism.

If you want personalized insights about buying or selling in this evolving market, Ted Bachara is here to help. With local expertise and a deep understanding of these trends, you’ll be well-positioned whether you're entering the market or looking to expand your investments.

Reach out today at 719-661-1773 or via email at [email protected]. Visit https://tedbachara.com to learn more about how I can assist you in navigating Colorado Springs' exciting real estate landscape.

Tech industry growth Colorado Springs Housing demand Colorado Springs Colorado Springs real estate market
My Mission Real estate is more than just a career for me—it’s a calling. Since the very beginning, my goal has always been simple: put people first and provide service that goes far beyond a transaction. I believe buying or selling a home is one of life’s biggest decisions, and my mission is to make sure you feel supported, confident, and cared for every step of the way. My Journey My story in Colorado Springs began in the Air Force, serving four years at NORAD. That experience taught me discipline, dedication, and the importance of integrity—values I’ve carried with me throughout my life and career. When I transitioned into real estate in 1979, I brought those same values to the work I do for my clients. Over the years, I’ve had the privilege of helping families find their first homes, guiding investors toward smart opportunities, and assisting homeowners in selling properties for the best possible return. Every client has a story, and being part of that journey is what continues to inspire me after decades in this business. How I Work To me, real estate is a team effort. I take the time to truly listen and understand your needs, set clear goals with you, and stay in close communication so you always feel informed. My website serves as a 24/7 resource, with tools to search for homes, track your home’s value, and access helpful information whenever you need it. But while technology makes the process easier, it’s the personal connection that makes the difference—and that’s where I focus most. Behind the scenes, I’m supported by a trusted team: Janet S. – Executive Assistant & Office Manager Suze T. – Receptionist Together, we make sure every detail is handled with care so you can focus on what matters most—your move. Clients First, Always The heart of my business is the relationships I’ve built over the years. Many of my clients have become lifelong friends, and I’m honored that so much of my business comes from repeat clients and referrals. That trust means everything to me, and I never take it for granted. Service Areas I proudly serve: Colorado Springs Woodland Park Monument Fountain Falcon No matter where you are in your real estate journey, I would be honored to guide you home.

Ted Bachara

My Mission Real estate is more than just a career for me—it’s a calling. Since the very beginning, my goal has always been simple: put people first and provide service that goes far beyond a transaction. I believe buying or selling a home is one of life’s biggest decisions, and my mission is to make sure you feel supported, confident, and cared for every step of the way. My Journey My story in Colorado Springs began in the Air Force, serving four years at NORAD. That experience taught me discipline, dedication, and the importance of integrity—values I’ve carried with me throughout my life and career. When I transitioned into real estate in 1979, I brought those same values to the work I do for my clients. Over the years, I’ve had the privilege of helping families find their first homes, guiding investors toward smart opportunities, and assisting homeowners in selling properties for the best possible return. Every client has a story, and being part of that journey is what continues to inspire me after decades in this business. How I Work To me, real estate is a team effort. I take the time to truly listen and understand your needs, set clear goals with you, and stay in close communication so you always feel informed. My website serves as a 24/7 resource, with tools to search for homes, track your home’s value, and access helpful information whenever you need it. But while technology makes the process easier, it’s the personal connection that makes the difference—and that’s where I focus most. Behind the scenes, I’m supported by a trusted team: Janet S. – Executive Assistant & Office Manager Suze T. – Receptionist Together, we make sure every detail is handled with care so you can focus on what matters most—your move. Clients First, Always The heart of my business is the relationships I’ve built over the years. Many of my clients have become lifelong friends, and I’m honored that so much of my business comes from repeat clients and referrals. That trust means everything to me, and I never take it for granted. Service Areas I proudly serve: Colorado Springs Woodland Park Monument Fountain Falcon No matter where you are in your real estate journey, I would be honored to guide you home.

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