Is 80903 a buyer or seller market?
Right now, 80903 (Downtown Colorado Springs) is a buyer's market.
48%
of listings sell (vs expire)
93.4%
sold vs original list
48.9%
got a seller concession
Based on 13 closed and 14 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

73 Active
$533,771 Avg List Price
89 Avg Days on Market
$199,000 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

$429,900 Area Median Price
9.5% 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
6 (8.2%)
$300K - $450K
33 (45.2%)
$450K - $600K
17 (23.3%)
$600K+
17 (23.3%)

Property Types

Single Family
57 (78.1%)
Condo
11 (15.1%)
Townhouse
5 (6.8%)

Bedrooms

5
1 bd
20
2 bd
29
3 bd
10
4 bd
5
5 bd
4
6+ bd
73 results · Page 4 of 5
Price Drop - $40,000 off
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MLS #: 9222533 More Details →
329 Cache La Poudre Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 3/2
Garage: 2.0
List Price: $539,000 $499,000
DOM: 29
Taxes: $1,451/yr
Year Built: 1899
Listed By: Epique Realty
List Price $499,000
Est. Monthly Cost* $3,690.80
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MLS #: 7194464 More Details →
619 Cedar Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 4/1
Garage: 0
List Price: $499,900
DOM: 0
Taxes: $2,089/yr
Year Built: 1918
Listed By: 8Z Real Estate LLC
List Price $499,900
Est. Monthly Cost* $3,749.93
Price Drop - $40,100 off
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MLS #: 2185226 More Details →
1121 Willamette Avenue, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 4/3
Garage: 2.0
List Price: $540,000 $499,900
DOM: 60
Taxes: $1,966/yr
Year Built: 1908
Listed By: Homesmart Realty
List Price $499,900
Est. Monthly Cost* $3,739.70
Price Drop - $20,000 off
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MLS #: 4113370 More Details →
624 Royer Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 3/2
Garage: 1.0
List Price: $525,000 $505,000
DOM: 55
Taxes: $1,601/yr
Year Built: 1924
Listed By: Better Homes and Gardens Real Estate Kenney & Company
List Price $505,000
Est. Monthly Cost* $3,743.16
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MLS #: 7758070 More Details →
1124 Hancock Avenue, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 4/3
Garage: 1.0
List Price: $515,000
DOM: 11
Taxes: $1,481/yr
Year Built: 1910
Listed By: Colorado RE Group LLC
List Price $515,000
Est. Monthly Cost* $3,799.71
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MLS #: 1594429 More Details →
41 Boulder Street, Colorado Springs
Type: Condo
Zip: 80903
Beds/Baths: 2/2
Garage: 1.0
List Price: $515,000
DOM: 0
Taxes: $1,582/yr
Year Built: 1983
Listed By: Better Homes and Gardens Real Estate Kenney & Company
List Price $515,000
Est. Monthly Cost* $3,808.18
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MLS #: 1477748 More Details →
51 Boulder Street, Colorado Springs
Type: Condo
Zip: 80903
Beds/Baths: 3/2
Garage: 1.0
List Price: $525,000
DOM: 9
Taxes: $1,611/yr
Year Built: 1983
Listed By: Agents Realty of Colorado
List Price $525,000
Est. Monthly Cost* $3,877.13
Price Drop - $34,999 off
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MLS #: 7244029 More Details →
225 Cedar Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 3/3
Garage: 2.0
List Price: $559,999 $525,000
DOM: 114
Taxes: $1,431/yr
Year Built: 1901
Listed By: RE/MAX Real Estate Group LLC
List Price $525,000
Est. Monthly Cost* $3,862.10
Price Drop - $75,000 off
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MLS #: 8325692 More Details →
201 Las Animas Street, Colorado Springs
Type: Condo
Zip: 80903
Beds/Baths: 3/3
Garage: 2.0
List Price: $625,000 $550,000
DOM: 49
Taxes: $4,729/yr
Year Built: 2001
Listed By: Walston Group Real Estate, Inc
List Price $550,000
Est. Monthly Cost* $4,303.25
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MLS #: 8178193 More Details →
514 Custer Avenue, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 4/2
Garage: 3.0
List Price: $590,000
DOM: 21
Taxes: $1,293/yr
Year Built: 1925
Listed By: Better Homes and Gardens Real Estate Kenney & Company
List Price $590,000
Est. Monthly Cost* $4,283.07
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MLS #: 3085350 More Details →
201 Las Animas Street, Colorado Springs
Type: Condo
Zip: 80903
Beds/Baths: 3/3
Garage: 2.0
List Price: $595,000
DOM: 18
Taxes: $4,412/yr
Year Built: 2001
Listed By: LIV Sotheby's International Realty CO Springs
List Price $595,000
Est. Monthly Cost* $4,576.26
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MLS #: 8435393 More Details →
201 Las Animas Street, Colorado Springs
Type: Condo
Zip: 80903
Beds/Baths: 3/3
Garage: 2.0
List Price: $600,000
DOM: 27
Taxes: $4,413/yr
Year Built: 2001
Listed By: ERA Shields Real Estate
List Price $600,000
Est. Monthly Cost* $4,609.56
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MLS #: 7522601 More Details →
309 San Miguel Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 3/2
Garage: 2.0
List Price: $625,000
DOM: 45
Taxes: $1,754/yr
Year Built: 1905
Listed By: The Cutting Edge
List Price $625,000
Est. Monthly Cost* $4,554.31
Price Drop - $5,000 off
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MLS #: 8865780 More Details →
257 Fountain Boulevard, Colorado Springs
Type: Townhouse
Zip: 80903
Beds/Baths: 4/3
Garage: 2.0
List Price: $650,000 $645,000
DOM: 55
Taxes: $11,450/yr
Year Built: 2003
Listed By: Jaxsun Properties
List Price $645,000
Est. Monthly Cost* $5,495.37
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MLS #: 1082607 More Details →
422 Dale Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 4/4
Garage: 1.0
List Price: $725,000
DOM: 164
Taxes: $1,574/yr
Year Built: 1908
Listed By: Courlas Realty Inc.
List Price $725,000
Est. Monthly Cost* $5,204.61
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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 73 active residential listings ranging from $199,000 to $2,149,900, with an average list price of $533,771. 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 $3,691 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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