Is 80903 a buyer or seller market?
Right now, 80903 (Downtown Colorado Springs) is a buyer's market.
50%
of listings sell (vs expire)
93.4%
sold vs original list
48.9%
got a seller concession
Based on 13 closed and 13 failed listings, trailing 90 days. Full demand and concessions data.

How 80903 holds value

Compare all zips →
3.48%
of homes sold last year (turnover)
-1.2%
1-year appreciation
+8.5%
5-year appreciation
about 1.6%/yr
-6.3
points vs market (5yr)
+92.6%
10-year appreciation
about 6.8%/yr
2006 · $174,750 shaded: 2020 to 2022 surge 2026 · $417,500
Turnover = homes sold in the last 12 months vs the count of homes in 80903 (El Paso County assessor). Appreciation is the change in median sale price. Most of the multi-year gain came in the 2020 to 2022 surge (shaded) and has been roughly flat since, so the per-year rate is the steadier read. "Points vs market" is this zip's five-year appreciation minus the market-wide figure: positive means it beat the market, negative means it lagged. Source: Rob Thompson, Realtor, Iconic Colorado Properties.

Homes for Sale in 80903 - Downtown Colorado Springs

72 + 10 Active + Under Contract
$538,420 Avg List Price
89 Avg Days on Market
$250,000 Lowest Price
$2,149,900 Highest Price

Closed Sales - Last 30 Days

13 Sold
$361,338 Avg Close Price
92.1% Avg Close-to-Original List
93.4% Median Close-to-Original List

Market Comparison

$432,450 Area Median Price
9.0% below regional median vs Regional Median ($475,000)

Month-over-Month Trends

-0.0% Avg List Price
↑ +10.4 Avg DOM
↓ -11.5% CPOLP

Showing active residential listings in zip code 80903. Updated every 15 minutes from the elevateMLS.

Get Alerts for 80903

Market Breakdown

Price Distribution

Under $300K
5 (6.9%)
$300K - $450K
33 (45.8%)
$450K - $600K
17 (23.6%)
$600K+
17 (23.6%)

Property Types

Single Family
56 (77.8%)
Condo
11 (15.3%)
Townhouse
5 (6.9%)

Bedrooms

5
1 bd
19
2 bd
29
3 bd
10
4 bd
5
5 bd
4
6+ bd
82 results · Page 1 of 6
Under Contract
Price Drop - $57,100 off
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MLS #: 7765997 More Details →
417 Kiowa Street, Colorado Springs
Type: Condo
Zip: 80903
Beds/Baths: 1/2
Garage: 1.0
List Price: $187,000 $129,900
DOM: 146
Taxes: $868/yr
Year Built: 1962
Listed By: Muldoon Associates Inc
List Price $129,900
Est. Monthly Cost* $1,186.53
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MLS #: 2005383 More Details →
619 Weber Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 2/1
Garage: 1.0
List Price: $250,000
DOM: 0
Taxes: $581/yr
Year Built: 1895
Listed By: Kimberly Lockett Real Estate Group Inc
List Price $250,000
Est. Monthly Cost* $1,961.67
Price Drop - $31,000 off
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MLS #: 3612272 More Details →
911 El Paso Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 2/1
Garage: 0
List Price: $300,000 $269,000
DOM: 170
Taxes: $849/yr
Year Built: 1900
Listed By: Opendoor Brokerage LLC
List Price $269,000
Est. Monthly Cost* $2,110.40
Price Drop - $38,000 off
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MLS #: 7261855 More Details →
849 Fountain Boulevard, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 2/1
Garage: 1.0
List Price: $337,000 $299,000
DOM: 140
Taxes: $933/yr
Year Built: 1950
Listed By: Manchester Properties, LLC
List Price $299,000
Est. Monthly Cost* $2,317.05
Price Drop - $46,000 off
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MLS #: 1581384 More Details →
515 Franklin Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 2/1
Garage: 0
List Price: $345,000 $299,000
DOM: 198
Taxes: $1,128/yr
Year Built: 1878
Listed By: ERA Shields Real Estate
List Price $299,000
Est. Monthly Cost* $2,333.24
Price Drop - $50,100 off
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MLS #: 7123316 More Details →
727 Rio Grande Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 3/1
Garage: 0
List Price: $350,000 $299,900
DOM: 104
Taxes: $1,010/yr
Year Built: 1954
Listed By: Exp Realty LLC
List Price $299,900
Est. Monthly Cost* $2,329.38
Under Contract
Price Drop - $10,100 off
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MLS #: 1100426 More Details →
308 Institute Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 2/1
Garage: 1.0
List Price: $310,000 $299,900
DOM: 20
Taxes: $1,125/yr
Year Built: 1903
Listed By: RE/MAX Alliance
List Price $299,900
Est. Monthly Cost* $2,338.97
Price Drop - $20,000 off
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MLS #: 2532225 More Details →
1013 Platte Avenue, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 1/1
Garage: 1.0
List Price: $320,000 $300,000
DOM: 24
Taxes: $1,466/yr
Year Built: 1909
Listed By: Redfin Corporation
List Price $300,000
Est. Monthly Cost* $2,368.11
Price Drop - $35,000 off
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MLS #: 4369980 More Details →
631 Willamette Avenue, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 3/1
Garage: 1.0
List Price: $335,000 $300,000
DOM: 43
Taxes: $1,307/yr
Year Built: 1899
Listed By: ProSales Properties
List Price $300,000
Est. Monthly Cost* $2,354.83
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MLS #: 6357886 More Details →
618 Uintah Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 2/1
Garage: 1.0
List Price: $310,000
DOM: 33
Taxes: $829/yr
Year Built: 1949
Listed By: ZBell, LLC
List Price $310,000
Est. Monthly Cost* $2,381.52
Price Drop - $45,900 off
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MLS #: 7113146 More Details →
106 Las Vegas Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 3/2
Garage: 0
List Price: $359,900 $314,000
DOM: 375
Taxes: $403/yr
Year Built: 1895
Listed By: Burghardt and Associates
List Price $314,000
Est. Monthly Cost* $2,372.60
Price Drop - $45,000 off
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MLS #: 5081113 More Details →
736 San Miguel Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 1/1
Garage: 1.0
List Price: $364,900 $319,900
DOM: 135
Taxes: $1,155/yr
Year Built: 1929
Listed By: RE/MAX Real Estate Group LLC
List Price $319,900
Est. Monthly Cost* $2,474.55
Price Drop - $10,000 off
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MLS #: 9879746 More Details →
407 San Rafael Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 1/1
Garage: 0
List Price: $340,000 $330,000
DOM: 27
Taxes: $884/yr
Year Built: 1920
Listed By: Real Broker, LLC DBA Real
List Price $330,000
Est. Monthly Cost* $2,519.14
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MLS #: 5149743 More Details →
908 Cimarron Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 2/1
Garage: 0
List Price: $339,500
DOM: 4
Taxes: $890/yr
Year Built: 1909
Listed By: REMAX PROPERTIES
List Price $339,500
Est. Monthly Cost* $2,582.86
Price Drop - $15,999 off
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MLS #: 8394410 More Details →
842 Platte Avenue, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 3/1
Garage: 1.0
List Price: $364,999 $349,000
DOM: 13
Taxes: $1,459/yr
Year Built: 1898
Listed By: Keller Williams Partners
List Price $349,000
Est. Monthly Cost* $2,693.49
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About 80903 - Downtown Colorado Springs

Downtown Colorado Springs — the urban core with a blend of historic homes, condos, and new infill. Close to Colorado College, the Olympic Training Center, and the growing downtown restaurant and entertainment scene. Appeals to buyers seeking walkability and urban convenience.

Zip code 80903 in Colorado Springs currently has 72 active residential listings ranging from $250,000 to $2,149,900, with an average list price of $538,420. Homes in this area average 89 days on market. In the last 30 days, 13 homes sold in 80903 at an average close price of $361,338, with buyers paying an average of 92.1% of the original asking price. Estimated monthly payments at 7.0% interest range from approximately $2,339 to $3,743 including taxes and insurance.

Nearby Zip Codes

80907 - North End & Patty Jewett 80904 - Old Colorado City & Westside 80905 - Ivywild & Stratton Meadows 80909 - East Central & Palmer Park

School districts serving 80903: Colorado Springs 11

Looking for a home in 80903? Contact Rob Thompson at 719.440.6626 for a personalized home search or visit our monthly payment search to find homes that fit your budget. You can also browse by budget: under $1,500/mo, under $2,000/mo, under $2,500/mo, or under $3,000/mo.

The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. Estimated monthly costs assume 7.0% APR, 30-year fixed, $3,000/yr insurance, and actual taxes. This is not an offer to lend.

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