Broadmoor, Colorado Springs, CO—80906
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Broadmoor, Colorado Springs, CO
As of Oct '25, the median home price in Broadmoor, Colorado Springs, CO is $533,000, with a year-over-year change of -1.3%. This indicates that home prices in Broadmoor, Colorado Springs, CO are decreasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $533,000 | -1.3% |
| Single Family | $574,000 | -0.9% |
| Condos | $278,000 | -5.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $249,000 | -2.7% |
2 Bed | $302,000 | -4.1% |
3 Bed | $419,000 | -3.0% |
4 Bed | $651,000 | 0.0% |
| 5 Bed | $889,000 | -0.3% |
% of Housing Stock
Rental Trends — Broadmoor, Colorado Springs, CO
As of July '25, Rentcast reports the average rent in Broadmoor, Colorado Springs, CO is $1,750, with a year-over-year rent change of -3.8%. Per bedroom, the median rent as of July '25 in Broadmoor, Colorado Springs, CO is studios: $1,050, 1-bedrooms: $1,410, 2-bedrooms: $1,690, 3-bedrooms: $1,990, 4-bedrooms: $2,550. The most common rental property sizes in Broadmoor, Colorado Springs, CO are 2-bedroom and 1-bedroom, accounting for 41.3% and 27.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,670 | $1,750 |
| Studio Rent | $1,100 | $1,050 |
| 1 Bed Rent | $1,400 | $1,410 |
| 2 Bed Rent | $1,720 | $1,690 |
| 3 Bed Rent | $1,900 | $1,990 |
| 4 Bed Rent | $2,500 | $2,550 |
% of Rental Stock
Property Listings — Broadmoor, Colorado Springs, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Broadmoor, Colorado Springs, CO is 67. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $603,000 | 1.0% |
Listing Count | 219 | 16.0% |
| Listings as % of Homes | 0.6% | 16.0% |
Days on Market | 67 | 16.0% |
Demographics — Broadmoor, Colorado Springs, CO
As of the latest ACS Survey released in 2023, Broadmoor, Colorado Springs, CO has a population of 37,400, which has increased by 3.3% over the past 5 years. Broadmoor, Colorado Springs, CO is a moderately popular place for families, as children make up 20.6% of the population. The area has a highly educated workforce, with 49.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 37,400 | 3.3% |
% Under 18 | 20.6% | -5.1% |
% Seniors | 20.1% | 6.9% |
% WFH | 14.0% | 75.0% |
% w/ College Degree | 49.1% | 3.4% |
As of the latest ACS Survey released in 2023, Broadmoor, Colorado Springs, CO is a predominantly white area, with 69.5% of the population identifying as white. The white population has shrunk by 7.3% in the last 5 years. The second most common race or ethnicity in Broadmoor, Colorado Springs, CO is hispanic, making up 17.8% of the population. Foreign-born residents account for 7.1% of the population in Broadmoor, Colorado Springs, CO, and this percentage has decreased by 22.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.5% | -7.3% |
% Black | 4.3% | 38.7% |
% Hispanic | 17.8% | 44.7% |
% Asian | 3.4% | -10.5% |
% Foreign Born | 7.1% | -22.0% |
Mortgage and Risk — Broadmoor, Colorado Springs, CO
According to HUD data as of 2023, there were 781 mortgage originations in Broadmoor, Colorado Springs, CO, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Broadmoor, Colorado Springs, CO. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 781 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Broadmoor, Colorado Springs, CO
As of 2024, the percent of homes in Broadmoor, Colorado Springs, CO under the Section 8 program is 5.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Broadmoor, Colorado Springs, CO, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 310 |
Total Units Section 8 | 307 |
% Rentals under Section 8 | 5.4% |
% Occupied Section 8 | 84.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $1,400 | $1,550 |
| 2 Bedroom | $150 | $1,720 | $1,870 |
| 3 Bedroom | $720 | $1,900 | $2,620 |
| 4 Bedroom | $490 | $2,500 | $2,990 |
Affordability — Broadmoor, Colorado Springs, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6 |
| Median Home Price | $533,000 |
| Median Household Income | $88,000 |