Is 80903 a buyer or seller market?
Right now, 80903 (Downtown Colorado Springs) is a buyer's market.
39%
of listings sell (vs expire)
93.2%
sold vs original list
45.9%
got a seller concession
Based on 7 closed and 11 failed listings, trailing 90 days. Full demand and concessions data.

How 80903 holds value

Compare all zips →
3.43%
of homes sold last year (turnover)
-3.0%
1-year appreciation
+6.8%
5-year appreciation
about 1.3%/yr
-6.6
points vs market (5yr)
+91.4%
10-year appreciation
about 6.7%/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

69 + 15 Active + Under Contract
$557,230 Avg List Price
90 Avg Days on Market
$299,000 Lowest Price
$2,149,900 Highest Price

Closed Sales - Last 30 Days

7 Sold
$416,129 Avg Close Price
94.3% Avg Close-to-Original List
93.2% Median Close-to-Original List

Market Comparison

$450,000 Area Median Price
5.3% 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
4 (5.8%)
$300K - $450K
30 (43.5%)
$450K - $600K
16 (23.2%)
$600K+
19 (27.5%)

Property Types

Single Family
51 (73.9%)
Condo
13 (18.8%)
Townhouse
5 (7.2%)

Bedrooms

5
1 bd
16
2 bd
29
3 bd
11
4 bd
4
5 bd
4
6+ bd
84 results · Page 4 of 6
Price Drop - $75,000 off
711 Institute Street
MLS #: 6429259 More Details →
711 Institute Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 3/2
Garage: 2.0
List Price: $525,000 $450,000
DOM: 145
Taxes: $1,833/yr
Year Built: 1947
Listed By: The Platinum Group
List Price $450,000
Est. Monthly Cost* $3,396.57
Under Contract
815 Cimarron Street
MLS #: 4037660 More Details →
815 Cimarron Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 2/3
Garage: 2.0
List Price: $450,000
DOM: 30
Taxes: $1,556/yr
Year Built: 1901
Listed By: Home at 6035 LLC
List Price $450,000
Est. Monthly Cost* $3,373.53
502 Boulder Street
MLS #: 9662573 More Details →
502 Boulder Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 6/3
Garage: 2.0
List Price: $459,000
DOM: 31
Taxes: $1,182/yr
Year Built: 1906
Listed By: Better Homes and Gardens Real Estate Kenney & Company
List Price $459,000
Est. Monthly Cost* $3,402.22
Price Drop - $65,000 off
1126 Corona Street
MLS #: 6968743 More Details →
1126 Corona Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 3/2
Garage: 1.0
List Price: $524,900 $459,900
DOM: 180
Taxes: $1,453/yr
Year Built: 1923
Listed By: The Platinum Group
List Price $459,900
Est. Monthly Cost* $3,430.79
720 Prospect Street
MLS #: 3351104 More Details →
720 Prospect Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 3/2
Garage: 0
List Price: $475,000
DOM: 14
Taxes: $1,246/yr
Year Built: 1948
Listed By: Better Homes and Gardens Real Estate Kenney & Company
List Price $475,000
Est. Monthly Cost* $3,514.01
Price Drop - $55,000 off
1121 Willamette Avenue
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 $485,000
DOM: 149
Taxes: $1,966/yr
Year Built: 1908
Listed By: Homesmart Realty
List Price $485,000
Est. Monthly Cost* $3,640.57
20 Boulder Crescent Street
MLS #: 2503063 More Details →
20 Boulder Crescent Street, Colorado Springs
Type: Condo
Zip: 80903
Beds/Baths: 1/2
Garage: 1.0
List Price: $489,900
DOM: 27
Taxes: $1,395/yr
Year Built: 2022
Listed By: RE/MAX Real Estate Group LLC
List Price $489,900
Est. Monthly Cost* $3,625.54
Under Contract
Price Drop - $40,000 off
329 Cache La Poudre Street
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: 71
Taxes: $1,451/yr
Year Built: 1899
Listed By: Epique Realty
List Price $499,000
Est. Monthly Cost* $3,690.80
619 Cedar Street
MLS #: 7219004 More Details →
619 Cedar Street, Colorado Springs
Type: Single Family
Zip: 80903
Beds/Baths: 4/1
Garage: 1.0
List Price: $499,900
DOM: 2
Taxes: $2,089/yr
Year Built: 1918
Listed By: 8Z Real Estate LLC
List Price $499,900
Est. Monthly Cost* $3,749.89
Price Drop - $25,001 off
624 Royer Street
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 $499,999
DOM: 61
Taxes: $1,601/yr
Year Built: 1924
Listed By: Better Homes and Gardens Real Estate Kenney & Company
List Price $499,999
Est. Monthly Cost* $3,709.88
41 Boulder Street
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: 7
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
Under Contract
1124 Hancock Avenue
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: 22
Taxes: $1,481/yr
Year Built: 1910
Listed By: Colorado RE Group LLC
List Price $515,000
Est. Monthly Cost* $3,799.71
51 Boulder Street
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
101 Tejon Street
MLS #: 8763001 More Details →
101 Tejon Street, Colorado Springs
Type: Condo
Zip: 80903
Beds/Baths: 1/2
Garage: 1.0
List Price: $525,000
DOM: 1
Taxes: $2,120/yr
Year Built: 2006
Listed By: Walston Group Real Estate, Inc
List Price $525,000
Est. Monthly Cost* $3,919.50
Price Drop - $34,999 off
225 Cedar Street
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: 122
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
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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 69 active residential listings ranging from $299,000 to $2,149,900, with an average list price of $557,230. Homes in this area average 90 days on market. In the last 30 days, 7 homes sold in 80903 at an average close price of $416,129, with buyers paying an average of 94.3% of the original asking price. Estimated monthly payments at 7.0% interest range from approximately $3,374 to $3,710 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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