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Best Housing Markets for 2022: #17 Colorado Springs

Writer's picture: Heather HarkemaHeather Harkema

What are the Best Housing Markets for Home Buyers in 2022?

According to GoBankingRates.com, American home-buyers have reason to rejoice with the release of their top ‘25 Promising Housing Markets for Homebuyers.’


Pikes Peak or Bust 2022!

Colorado Springs made the list with a strong showing in the middle of the pack, noted as a ‘seriously bike-friendly’ city with an expected ‘15% population growth’ and a ‘4.8% job growth’ the home of America’s Mountain still beckons home-owners to find their dreams with ‘Pikes Peak or Bust!’


17. Colorado Springs, Colorado  Housing Market Price Growth: 5.2% Median Listing Home Price: $420,000 Population Growth: 15% Job Growth: 4.8% Unemployment Rate: 4.6% Area Vibes Rating: 70 Area Trivia: Seriously bike-friendly, Colorado Springs has more than 90 miles of on-street bike lanes, 118 miles of urban bike trails and 61 miles of unpaved bike trails. All city buses are equipped with bike racks and the city even has a Bicycle Plan, funded by a Bicycle Tax.

#17. Colorado Springs, Colorado

  • Housing Market Price Growth: 5.2%

  • Median Listing Home Price: $420,000

  • Population Growth: 15%

  • Job Growth: 4.8%

  • Unemployment Rate: 4.6%

  • Area Vibes Rating: 70


Seriously bike-friendly, Colorado Springs has more than 90 miles of on-street bike lanes, 118 miles of urban bike trails and 61 miles of unpaved bike trails. All city buses are equipped with bike racks and the city even has a Bicycle Plan, funded by a Bicycle Tax. GoBankingRates.com

Brief History of Colorado Springs

1806: Army Lieutenant Zebulon Pike became the first American to encounter and note the ‘Grand Peak.’ His attempt to climb the peak failed due to winter conditions; however, his published reports would attach his name to what would become ’Pike’s Peak - America’s Mountain.’


1859: Prospector George A. Jackson discovered the first notable gold vein in Idaho Springs, CO. His secret was blown after paying for mining supplies in gold dust. With that, the ‘Pikes Peak Gold Rush‘ began!


  • Note: California had the ‘49ers’ - Colorado had the ‘59ers.’


1871: Colorado Springs was found in by General William Jackson Palmer as a resort escape and was coined ‘Little London’ due to the abundance of English tourist. Colorado Springs began and remains a destination of escape into the natural beauty of it’s mountains, rivers, and vibrant wellness offerings.


  • Note: to bring green to the desert landscape, General William Jackson Palmer imported over 10,000 trees to line the streets!


1876: August 1st, 1876 Colorado becomes America’s 38th state almost 100 years after the Declaration of Indepenence and became know at the ‘Centennial State.


Today, Colorado Springs continues to shine with a vibrant downtown, active-duty military, endless natural wonders, and envious housing offerings.


Have questions about Colorado homes for sale? Or are you ready to sell? Let’s talk today!

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HomeSmart, Realtors 7222 Commerce Center Dr Ste 120, Colorado Springs, CO 80919

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