The Most In-Demand City in Nation to Buy a Home Is In Colorado

Buying a home in Colorado is tricky. Many people still have sticker shock due to rising prices and all of the additional costs that go with being a homeowner.

2024 seems to look bright. Experts and economists predict that home prices will fall throughout the year in all regions of Colorado.

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Where do Coloradans, and Coloradans to-be, want to move to? We have the answer for the most popular city to move to this year.

Colorado Springs Leads the Nation

Colorado Springs happens to be one of the most in-demand cities for buying a home in the United States. Bet Ohio looked at multiple factors to determine their rating such as the average days on the market and an overall demand score.

What These Factors Mean

The median days on the market are to see how fast homes sell. On average, a home in Colorado Springs will only be on the market for 34 days before it is sold.

Colorado Springs is one of the hottest cities to live in. People are flocking to Colorado Springs as fast as they possibly can.

This is creating a major housing issue. Due to a lack of affordable housing in Colorado Springs, one school district built tiny homes on campus for their teachers to live in.

Read More: Colorado Springs Public Teachers To Live on Campus

Prices of Homes in Colorado Springs 2024

According to Realtor.com, even though Colorado Springs is incredibly expensive, the housing market is beginning to become more affordable. The average prices for a home this month were $450,000 and $220 per square foot.