Why Live in Green Mountain Falls
Green Mountain Falls, a mountain town with fewer than 1,000 residents, is situated at an altitude of 7,800 feet in a valley surrounded by Pikes Peak National Forest, about 10 miles west of Colorado Springs. The community is known for its close-knit atmosphere and natural beauty, featuring trails along creeks that lead to waterfalls and lakes. Homes in Green Mountain Falls range from log cabins and Victorian-style houses to modern custom builds, with prices starting at $200,000 and exceeding $1 million. Smaller homes, often under 1,000 square feet, are common and appeal to singles and couples, while larger homes start at $500,000 and offer more space. The town's rural setting means many properties are vacation homes or short-term rentals, with most weekend visitors staying at hotels near Lake Park. Local attractions include Lake Park's Gazebo Island, walking trails, a playground, and the unique Skyspace Art Installation by James Turrell. The downtown area features Town Hall, the US Post Office, and Church in the Wildwood, along with several restaurants like The Pantry and Blue Moose Tavern. For shopping, residents drive 3 miles west to Woodland Park or 13 miles east to Old Colorado City. The annual Bronc Day Festival, with its parade, pie contest, and other events, marks the start of tourist season, celebrating the town's history and community spirit.
Home Trends in Green Mountain Falls, CO
On average, homes in Green Mountain Falls, CO sell after 121 days on the market compared to the national average of 50 days. The median sale price for homes in Green Mountain Falls, CO over the last 12 months is $424,000, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$424,000
Median Single Family Sale Price
$425,000
Median Townhouse Sale Price
$375,000
Average Price Per Sq Ft
$344
Number of Homes for Sale
10
Last 12 months Home Sales
29
Median List Price
$499,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
6%