New Construction
New construction is most active in eastern corridors including Falcon and Peyton, and in Fountain and Security-Widefield, with homes from $380,000 to $560,000 in growing communities.
Colorado Springs, Colorado · New Homes
New homes in Colorado Springs.
Colorado Springs has emerged as a genuinely distinct aerospace and space-industry economy separate from Denver, with U.S. Space Command and Space Force headquarters and a growing constellation of space-tech companies locating near military installations, creating high-income defense and technology employment in a market that remains meaningfully more affordable than the Denver metro.
New construction is most active in eastern corridors including Falcon and Peyton, and in Fountain and Security-Widefield, with homes from $380,000 to $560,000 in growing communities.
At a glance
Colorado Springs market snapshot
Median Home Price
$430,000
Median Rent
$1,600
Market Trend
Stable
Cost of Living Index
103
Why Colorado Springs
What makes Colorado Springs different
Why People Move Here
Military economy anchored by Fort Carson, NORAD, and Space Command and affordability relative to Denver and Pikes Peak outdoor recreation and growing aerospace and space industry
Schools
Academy School District 20 in northern Colorado Springs consistently ranks as one of Colorado top-performing large districts, driving premium values in northern corridors near NORAD and Space Command installations.
Top Neighborhoods
Fountain, Security-Widefield, Monument, Palmer Lake, Woodland Park, Black Forest, and Falcon
Major Employers
U.S. Army Fort Carson employing over 25,000 military and civilian personnel and NORAD-USNORTHCOM headquarters and U.S. Space Command and Space Force headquarters and Lockheed Martin and L3Harris defense operations
Who's building
Top builders active in Colorado Springs
D.R. Horton
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Richmond American
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Challenger Homes
Classic Homes
Campbell Homes
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Common questions
Colorado Springs FAQ
Is Colorado Springs a good place to buy a home?
Colorado Springs offers military employment stability and growing aerospace and space industry employment and Rocky Mountain recreation and affordability relative to Denver.
What is the median home price in Colorado Springs?
The median home price in Colorado Springs is approximately $430,000 making it meaningfully more affordable than Denver metro.
Which Colorado Springs suburbs have the most new construction?
Falcon and Peyton on eastern plains and Fountain and Security-Widefield on south side lead Colorado Springs in new home activity.
Is Colorado Springs good for real estate investors?
Colorado Springs offers strong rental demand from Fort Carson military families and NORAD and Space Command personnel and defense contractors.
What is driving Colorado Springs housing demand?
Fort Carson, NORAD, U.S. Space Command, Space Force, Lockheed Martin, and L3Harris and broader military and aerospace ecosystem drive demand.
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