Is Colorado Springs a good place to retire?

Colorado Springs was the only city in the top three to score a 10 in the desirability category, which measures whether or not people want to live in a given metro area. The quality of living and lifestyle was also higher ranked than most cities in the nation. Colorado Springs is called the Olympic City for good reason!

What is the best area to live in Colorado Springs?

Here are the top neighborhoods in Colorado Springs, in no particular order:

  • Old Colorado City/West Side. Old Colorado City.
  • Downtown/Old North End. Downtown Colorado Springs.
  • Cheyenne/Broadmoor.
  • Southeast.
  • Northeast/Briargate/Northgate.
  • Palmer Park.
  • Neighboring Neighborhoods.
  • More Essentials in Colorado Springs.

Why is Colorado Springs so expensive?

Surging housing prices, triggered by a dwindling supply of homes on the market, helped push the Colorado Springs cost of living a 23-year high and the second-highest ever in the 35 years for which data is available. Housing costs make up 27.5% of the overall index.

Where do the rich live in Colorado Springs?

Known for its large, historic homes and modern mansions, The Broadmoor neighborhood in Colorado Springs is among its wealthiest districts. This distinctive neighborhood is located in the Southwest area of Colorado Springs.

What’s the average home value in Colorado Springs?

The majority of locals are homeowners (60%), while 35% of homes are occupied by renters. Colorado Springs is largely a sellers market, where sellers hold the negotiating power. According to Zillow’s Home Value Index, the median home value is $302,900. In 2019, home values increased 7.2%, a sizable year-over-year change.

Who are the real estate companies in Colorado?

RE/MAX ADVANTAGE REALTY, INC. Vanguard Homes, ALL AMERICAN HOMES, INC. AT HOME REAL ESTATE SRVS, INC. Vanguard Homes, ALL AMERICAN HOMES, INC.

Who is the realtor for Pikes Peak Colorado?

This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. © 2021 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®.