Moving Up in Colorado Springs: What Your Next Home Costs in 2026

Maybe the home office has taken over the guest room. Maybe you want a bigger yard, a main-floor primary suite, or a view of Pikes Peak from the back deck. Whatever is driving it, a lot of Colorado Springs homeowners are asking the same question this fall: what would my next home actually cost?

Let's answer that with real numbers instead of guesses. Below is a snapshot of what's on the market right now across the city and in a few of the north-side areas where move-up buyers often start their search, plus what those prices can mean for a monthly payment at today's mortgage rates.

Data as of October 28, 2026, 2:03 PM MDT. Source: elevateMLS (active listings). Median and average figures are list prices, not sold prices, and are calculated from a sample of up to 40 active listings per area. Mortgage rate from Freddie Mac PMMS, week of October 22, 2026.

The Big Picture: Colorado Springs Right Now

Across Colorado Springs there are 4,359 active listings on the MLS today. The median list price is $447,500, and the average list price is $549,010.

That gap between median and average tells a story on its own. Most homes cluster in the mid-$400s, while a smaller group of higher-priced homes pulls the average up. For move-up buyers, that's useful: it means there's real inventory both at the entry level (where your current home may sit) and in the upper tiers you may be shopping.

For context on the wider regional market, the Pikes Peak REALTOR® Services Corp. publishes monthly sold-home statistics at ppar.com. Those sold numbers are the best way to see what buyers are actually paying, and they pair nicely with the active-listing snapshot here.

Flying Horse: The Upper End of the Move-Up Ladder

Flying Horse, on the city's far north side, is a master-planned community built around a private golf club, and it's often where buyers look when they want newer construction and larger floor plans.

• Active listings: 48
• Median list price: $905,000
• Average list price: $1,096,382

With an average above $1 million, Flying Horse sits at the top of this list. The median of $905,000 is the more realistic "typical" number to plan around, since a handful of luxury properties lift the average.

The 80921 ZIP Code: Wider Choice on the North Side

Flying Horse is part of the broader 80921 ZIP code, which also includes other northern neighborhoods. Looking at the whole ZIP gives you more options and a wider price range.

• Active listings: 198
• Median list price: $699,900
• Average list price: $853,938

If Flying Horse feels like a stretch, 80921 shows there's a lot of choice in the $600,000 to $800,000 range on the same side of town.

Briargate and the 80920 ZIP Code: A Popular Middle Step

Briargate is one of the city's long-established north-central neighborhoods, close to shopping, dining and major roads like Powers Boulevard and Interstate 25. Because the MLS neighborhood tag for Briargate captures only a small slice of homes today (10 listings), the 80920 ZIP code, which covers Briargate and surrounding neighborhoods, gives a clearer picture:

• Active listings (80920): 176
• Median list price: $544,950
• Average list price: $517,930

Interestingly, the average here is a bit below the median, which suggests prices in 80920 are fairly tightly grouped, with some lower-priced homes such as townhomes and condos in the mix. For many homeowners moving up from a starter home, this is a natural next step: more space without jumping straight to the top tier.

What Those Prices Mean for a Monthly Payment

List price is only half of the story. The other half is your rate. According to Freddie Mac's Primary Mortgage Market Survey, the average 30-year fixed rate was 7.32% for the week of October 22, 2026, down from 7.40% the week before.

Here's an estimate of principal and interest only, assuming 20% down and a 30-year fixed loan at 7.32%:

These figures leave out property taxes, homeowners insurance, HOA dues and any mortgage insurance, all of which vary by property. Your lender can give you an exact figure, and El Paso County's Assessor lists property tax details for specific homes at elpasoco.com.

Using Your Equity to Make the Move

The good news for move-up buyers is that you aren't starting from zero. If you've owned your home for a few years, the equity you've built can become a large share of your next down payment.

A few things to think through before you start touring:

1. Know what your current home could sell for. A pricing review based on recent sales in your neighborhood gives you a realistic number to plan with.
2. Decide on sequencing. Do you sell first, buy first, or try to line both up? Each has trade-offs, and options like contingent offers, bridge financing or a rent-back can help.
3. Get pre-approved early. With rates near 7.3%, knowing your comfortable payment, not just your maximum approval, keeps your search focused.
4. Prioritize your must-haves. Commute, lot size, layout, garage space, or proximity to trails and parks. Narrowing these down helps you compare 80920 and 80921 homes side by side.

Is Fall a Good Time to Move Up?

With 4,359 active listings citywide, buyers have real choice right now. Fall and early winter often bring more motivated sellers and less competition than the spring rush, which can mean more room to negotiate on price, repairs or closing costs. At the same time, if you're selling, a well-priced and well-presented home still stands out.

Every situation is different, and the right timing depends on your goals, your equity and your budget.

Frequently Asked Questions

What is the median list price in Colorado Springs right now? As of October 28, 2026, the median list price across 4,359 active MLS listings in Colorado Springs is $447,500, with an average list price of $549,010.

How much do homes cost in Flying Horse? Flying Horse currently has 48 active listings with a median list price of $905,000 and an average list price of $1,096,382, according to the MLS as of October 28, 2026.

What's a typical home price in the Briargate area (80920)? The 80920 ZIP code, which includes Briargate, has 176 active listings with a median list price of $544,950 and an average of $517,930 as of October 28, 2026.

What are mortgage rates right now? Freddie Mac's PMMS reported an average 30-year fixed rate of 7.32% for the week of October 22, 2026. Your actual rate depends on your credit, down payment and loan type.

Ready to Plan Your Next Move?

Moving up is a big step, and it goes smoother with a plan built on real numbers. If you'd like to know what your current home could sell for, or which north-side neighborhoods fit your budget and wish list, I'd love to help.

Book a free consultation at heathercollection.com and let's map out your move together.

Heather Lay, REALTOR® | Colorado Springs

Market data reflects active MLS listings as of October 28, 2026, and is deemed reliable but not guaranteed. Payment estimates are for illustration only and are not a loan offer.