$436,933Average Value$371Average Price per Sq Ft24Homes For Sale
The dynamic core to the Springs
For years, many wondered why Colorado Springs didn’t have an energetic central core, but Downtown Colorado Springs has seen a renaissance in the past several years. “It’s just exploded recently. There’s so much energy and excitement and development,” says Amanda Miller Luciano, an associate broker with Trent Properties Group who grew up in Colorado Springs. Downtown Colorado Springs now reflects the energy of the city, boasting an array of flourishing restaurants, shops and entertainment options. Creative initiatives ensure that the walkable streets are lined with vibrant plants and unique sculptures and murals, while pocket parks and nature trails keep residents connected to Colorado’s beloved outdoor lifestyle.
Downtown Colorado Springs is a bustling neighborhood full of activities and shopping.
Sit outside and have some great Irish Pub food at Jack Quinn's in Downtown Colorado Springs.
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Books and pizza at Poor Richard's
Tejon Street brims with iconic, long-standing favorites and trendy new additions. “Poor Richard’s is a long-established popular spot. It’s an eclectic pizza and coffee shop with a bookstore and toy shop,” Luciano says. CO.A.T.I. is a contemporary food hall with an industrial atmosphere where residents can find vendors selling Korean fare, seafood, sandwiches and creative cocktails. Atomic Cowboy houses two popular restaurants, so locals can grab a biscuit platter from the Denver Biscuit Company in the morning or New York-style pizza from Fat Sully’s in the evening. Tejon Street also makes for a good bar crawl, as locals can choose Irish pubs like Jack Quinn’s, creative cocktail lounges like Shame and Regret, rooftop bars like Lumen8 and energetic nightclubs like Mansion. Bread and Butter Neighborhood Market is a small grocery store where residents can find organic produce and fresh pastries, but locals head south to go grocery shopping at Sprouts or Safeway. Residents can stop by the neighborhood’s locally-owned boutiques to shop for clothes and home décor.
Condos and renovated bungalows
The state’s condo-liability laws have limited the construction of new condos, but Luciano says that luxury apartment buildings have been popping up. “There are thousands of new apartment units downtown,” Luciano adds. “There’s such a large demand for them.” While most downtown residents rent, there are opportunities to buy mid-20th-century condos for between $300,000 and $600,000, though occasional penthouse units cost as much as $1 million. Turn-of-the-century cottages and bungalows on small lots also start around $300,000 and cost up to $700,000.
Newly constructed multistory apartments are located in the heart of Downtown Colorado Springs.
There are several different types of bungalows in Downtown Colorado Springs.
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Farmers markets, parades and festivals downtown
Between art galleries, breweries and local farmers markets, residents can always find activities to fill their weekends. On Sundays, local vendors sell fresh produce and baked goods at the Park Union Public Market, and the neighborhood welcomes each month with First Friday, a monthly event where residents can check out activities hosted by participating retailers and art galleries. The community also looks forward to annual events, like the St. Patrick’s Day 5k and Parade and the Veterans Day Parade. One of the neighborhood’s most beloved occasions takes place in June, when thousands flock to Pikes Peak International Hill Climb Fan Fest. Hosted the day before motorists take on the 12.42 mile, 156-turn course to the top of Pikes Peak, the 10-block festival gives residents the chance to meet the drivers and watch stunts during the Colorado Springs Powersports FMX Show.
Beats and Ballots is a way to encourage young people to vote.
The Pikes Peak or Bust Rodeo Parade is fun for the whole family.
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Trails and greenery in a lively urban space
Bikers and joggers can pick up the Pikes Peak Greenway Trail in the western section of the neighborhood. Monument Valley Park offers a large stretch of green space with pickleball courts, playgrounds and picnic areas. America the Beautiful Park is known for its striking abstract fountain, modern play structures and large green space. Acacia Park is more centrally located at Tejon Street and Bijou Street. Kids can climb on the playground in the summer, and residents can go ice skating at the only outdoor skating rink in the Springs during the colder months. Sports fans can go to the U.S. Olympic and Paralympic Museum or watch a soccer or hockey game. “Two new stadiums have been added downtown. There’s Weidner Field for the Switchbacks soccer team, and Colorado College has a D1 hockey team, and they recently built a new stadium,” Luciano says.
Walkable streets and bus stops
Downtown Colorado Springs is one of the only walkable neighborhoods in the city. “People are choosing downtown so that they are able to walk places,” Luciano says. Buses operated by the Mountain Metro Transit offer a public transportation option for residents to navigate Colorado Springs. Most residents still opt to keep personal vehicles — they can merge onto Interstate 25 to drive 70 miles north to Denver. Colorado Springs doesn’t have a rail system, but freight trains travel along the southern and western sections of the neighborhood.
College prep at Palmer High
Kids may begin learning at Taylor Elementary, which has a B-minus rating from Niche. Students can progress to North Middle and then to Palmer High, which have B and B-plus ratings, respectively. The high school’s partnership with the University of Colorado at Colorado Springs allows students to begin earning college credits early through the CU Succeed Program. Courses include studio art, physics and computer science.
Ongoing downtown developments
For many years, downtown primarily housed industrial businesses and commercial spaces. Part of the city’s plan to renovate the area included permanently closing the Martin Drake Power Plant. The plant closed in 2022 and is scheduled to be fully demolished by the end of 2024, so residents can still spot construction and commercial businesses downtown. Downtown Colorado Springs has an overall CAP Index Crime Score of 8 out of 10, compared to the national average of 4. This overall Crime Score is driven by higher-than-average scores for property crimes.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Kevin Patterson,
an experienced agent in this neighborhood.
Parks in this Area
America the Beautiful Park
Bike Trails
Picnic Area
Trails
John "Prairie Dog" O'Byrne Park
Picnic Area
Trails
Playground
Acacia Park
Picnic Area
Trails
Playground
Antlers Park
Picnic Area
Trails
South Shooks Run Park
Bike Trails
Picnic Area
Trails
Freedom Park
Picnic Area
Leon Young Pavilion
Transit
Airport
City of Colorado Springs Municipal
20 min drive
Bus
Tejon & Colorado
Bus
Tejon & Vermijo Nb
Bus
Cascade & Costilla Fs
Bus
Colorado & Pikes Peak
Bus
Sierra Madre And Costilla Nb
Bus
Tejon & Kiowa Sb
Bus
Cascade & Colorado
Crime and Safety
1 - Low Crime, 10 - High Crime
Downtown Colorado Springs
US
Homicide
4
4
Sexual Assault
6
4
Assault with Weapon
5
4
Robbery
6
4
Burglary
7
4
Motor Vehicle Theft
7
4
Larceny
9
4
Crime Score
7
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Downtown Colorado Springs, Colorado Springs sell after 95 days on the market compared to the national average of 47 days. The average sale price for homes in Downtown Colorado Springs, Colorado Springs over the last 12 months is $485,180, up 7% from the average home sale price over the previous 12 months.
Gorgeous loft with open floor plan, great for entertaining, yet allows for private spaces. Sunlit living room is a focal point: dual sided fireplace & walk out to covered patio/balcony: city & mountain views, perfect for summer get-together s & fourth of July fireworks! The dining space is adjacent to the counter bar & gourmet kitchen which is complete with a gas range and pantry. Down the hall
Fully furnished, ready to move in charming downtown living 1 bedroom, 1 office, 1 bathroom home OR Gorgeous, turnkey, cash-flowing investment property in prime location on a corner lot.This lovely, fully refreshed home complete with laundry room, living room and beautiful kitchen is one you don't want to miss out on! It boasts hardwood floors, stylish kitchen, tile and new carpet.
This great single-family home is steps from Colorado College and all that downtown has to offer, making it an excellent rental for CC students or home for anyone who wants to enjoy city life whil being a bit off the beaten path and having a fenced yard. The house is leased through May. The home is in excellent condition with an updated kitchen and bathroom, and a newer roof. There is convenient
Experience the best of loft living in the historic Daniels building located in the heart of downtown! This second floor unit combines original character with modern finishes and incredible city and mountain views! The unique space exudes charm with features such as exposed brick walls, original wood structural beams and hardwood flooring, 12’ ceilings and exposed ductwork. Enjoy an open-concept
Live in a high-end studio, one, or two-bedroom apartment at Experience at Epicenter Apartments in Downtown Colorado Springs, CO. Each pet-friendly home features open-concept layouts, designer finishes, large closets, a gourmet kitchen, a garden soaking tub, air conditioning, and stunning mountain or downtown views. Amenities include a rooftop deck with a resort-style pool, firepits, and outdoor
Executive, furnished,.private, and unforgettable downtown loft. Enchanting space, exposed beams and brick, hardwood flooring throughout, tall wall of windows, french door to private balcony over Tejon Street; High Ceilings; Metal Ducting; Kitchenaid Stainless; Wolf Induction Stove; Primary with 5 Piece On-Suite Bath and Walkin Closet with built-ins; Large Powder Room; Open Wod Shelving and
Nestled in the center of the re-energized South End neighborhood, the Mae on Cascade represents an embrace of beautiful spaces and ideas – from fashion to pleasure, from personality to creativity, from energy to hospitality. From the first impressions of our lobby, complete with a gourmet coffee bar, fireplace, and state-of-the-art wellness center, to our luxurious apartments, you will fall in
Interested in learning more about homes in this area?
Reach out to
Kevin Patterson,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
5,784
Median Age
35
Population Density
5 ppl/acre
Population under 18
16.1%
Below the national average
23.8%
Population over 65
14.6%
On par with the national average
19.1%
Finances
Median Household Income
$45,201
Significantly below the national average
$71,702
Average Household Income
$63,115
Education and Workforce
High School Graduates
93.5%
On par with the national average
89.1%
College Graduates
44.2%
Above the national average
34.1%
Advanced Degrees
12.5%
% Population in Labor Force
62.8%
Weather
Annual Precipitation
24''
Average Winter Low Temperature
9°F
Average Summer High Temperature
72°F
Annual Snowfall
51''
Area Factors
Very Bikeable
Bike Score®
80/ 100
Very Walkable
Walk Score®
75/ 100
Good Transit
Transit Score®
58/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
