Will the Housing Market Crash? Not in Northern Colorado Springs

🏡 Is the Housing Market Going to Crash? Here’s What’s Really Happening in Northern Colorado Springs

It’s one of the most common questions we’re hearing right now:
“Is the housing market about to crash?”

With national headlines hyping up recession worries and social media flooded with doom-and-gloom predictions, it’s easy to feel uncertain. But here in Northern Colorado Springs, the story is more nuanced—and a lot more stable.

Let’s unpack what we’re seeing in our local market.

📉 Prices Are Down, But That Doesn’t Mean a Crash Is Coming

In March 2025, our area of operation (80921, 80908, and 80132) saw 464 active listings, compared to 375 one year ago. That’s a meaningful increase in inventory. But more importantly, we’re seeing stronger demand — our months of inventory dropped from 4.3 months to 3.7 months year-over-year. That’s a clear signal that buyers are still active.

While median home values are down year-over-year (from $740K to $696K), this isn’t cause for panic. The dip reflects current economic uncertainty—not collapsing demand. Think of it as a healthy price correction that may actually work in favor of buyers and sellers looking to make well-informed moves.

🧭 Buyers and Sellers Are Still Making Smart Moves

In our communities, people are still buying and selling homes—because life doesn’t wait. Whether it’s a growing family, a job transfer, or the need to downsize, buyers and sellers are adapting rather than retreating.

We're seeing a rise in price reductions—164 this month, up from last month. But that coincides with a notable increase in inventory, so it’s not a red flag—it’s a reflection of seasonality and strategy.

🔐 Why Northern Colorado Springs Is Insulated

Our market remains resilient for several key reasons:

• Global appeal and natural beauty

• A strong population of high-earning professionals and military families

• An above-average per-household income

• A very low rate of mortgage delinquencies

Unlike 2008, we’re not facing a wave of overleveraged homeowners or runaway new construction.

💡 Don’t Let Headlines Hijack Your Home Goals

If you’re feeling paralyzed by crash talk, take a step back. Go for a hike, soak up the view of Pikes Peak, and reflect on what really matters to you. News outlets profit off fear and rarely predict these things accurately.

Here’s the truth: Our local housing market is stable, balanced, and full of opportunity—for both buyers and sellers. You don’t need to time the market perfectly. You need a clear plan that aligns with your lifestyle, financial goals, and future.

Let’s talk about how we can help you make your next move with confidence and clarity.