Retiring to Colorado Springs, CO
Selling a home for $525,000 and keeping $150,000 in the bank leaves room to buy in 2 of 19 Colorado Springs neighborhoods with 5+ sales, Oct 2025–Sep 2026 (after 6% selling costs, buying at the neighborhood median). The closest of those to a hospital is Gateway Park, Colorado Springs (26 min to Memorial Hospital). Property tax in Colorado Springs runs about 0.4% of value a year (Census ACS 2023).
Questions? Call or text Chris Harris, REALTOR®: (270) 421-8726.
Next steps, your choice
Plan a scouting week
One neighborhood a day: the drive to the hospital and homes to see.
Plan my visitShare with family
A link that reopens this page on the same town. Nothing else is in it.
Ask Chris
Chris Harris, REALTOR®, reads every note himself. He is not licensed in Colorado, so for showings and offers he introduces you to a licensed agent there; he may receive a referral fee from that agent’s brokerage, which does not change your price. Can’t visit first? Say so in your note.
Ask Chris
Every neighborhood we have numbers for
Neighborhoods with 5+ sales, Oct 2025–Sep 2026 (Redfin), cheapest first by town. Minutes: typical drive, no traffic to the nearest of each kind, © openrouteservice.org by HeiGIT | Map data © OpenStreetMap contributors.
| Neighborhood | Town | Median sale | Sales | Hospital | VA medical center | Airport | Downtown |
|---|---|---|---|---|---|---|---|
| Southeast Colorado Springs | Colorado Springs | $307,414 | 466 | – | – | – | – |
| Gateway Park | Colorado Springs | $332,407 | 196 | 26 min | 21 min | 24 min | 25 min |
| Village Seven | Colorado Springs | $389,891 | 263 | 12 min | 17 min | 15 min | 14 min |
| Old Colorado City | Colorado Springs | $393,890 | 91 | 12 min | 7 min | 22 min | 8 min |
| Fountain Valley | Colorado Springs | $409,885 | 1208 | – | – | – | – |
| Ridgeview | Colorado Springs | $414,884 | 203 | 19 min | 22 min | 18 min | 22 min |
| East Colorado Springs | Colorado Springs | $415,883 | 533 | 13 min | 13 min | 15 min | 10 min |
| Powers | Colorado Springs | $428,880 | 3059 | 24 min | 22 min | 24 min | 25 min |
| Northeast Colorado Springs | Colorado Springs | $439,877 | 619 | 17 min | 20 min | 15 min | 19 min |
| Springs Ranch | Colorado Springs | $444,875 | 229 | 15 min | 21 min | 13 min | 17 min |
| Stetson Hills | Colorado Springs | $449,824 | 139 | 19 min | 22 min | 17 min | 21 min |
| Central Colorado City | Colorado Springs | $449,874 | 185 | – | – | – | – |
| Briargate | Colorado Springs | $474,867 | 140 | 26 min | 19 min | 25 min | 22 min |
| Woodmen Heights-Dublin North | Colorado Springs | $499,860 | 219 | – | – | – | – |
| Banning Lewis Ranch | Colorado Springs | $509,857 | 248 | 25 min | 27 min | 23 min | 27 min |
| Falcon | Colorado Springs | $524,853 | 683 | 19 min | 19 min | 20 min | 21 min |
| Northwest Colorado Springs | Colorado Springs | $644,819 | 277 | 13 min | 5 min | 23 min | 9 min |
| Wolf Ranch | Colorado Springs | $654,607 | 321 | 32 min | 25 min | 30 min | 28 min |
| Broadmoor | Colorado Springs | $731,295 | 134 | 15 min | 16 min | 20 min | 12 min |
Not shown: Briargate (second entry, $474,867 median) (Redfin lists two neighborhoods with this name; we show the one the sales count belongs to). Redfin lists it with Colorado Springs, but it is elsewhere.
Check crime data
We don’t grade neighborhoods on crime. Look up the streets you’re considering in Colorado Springs with the agency that patrols them:
- Colorado Springs Police Department (city police)
- El Paso County Sheriff’s Office (addresses outside city limits)
- FBI Crime Data Explorer (agency-level reports)
What Colorado doesn’t tax
- At 65 and older, federally taxable Social Security can be subtracted in full from Colorado taxable income.
- Pension, annuity and retirement-account income can be subtracted up to $24,000 a year at 65 and older ($20,000 at 55–64); Social Security subtracted first counts against the cap.
- Military retired pay: under 55, up to $15,000 can be subtracted; at 55 and older it uses the regular pension subtraction.
- Senior property tax exemption: 50% of the first $200,000 of actual value is exempt for owners 65 and older who have owned and lived in the home for 10 consecutive years (apply with the county assessor by July 15; funded by the state each year the budget allows).
Full details: Colorado retirement taxes →
Source: Colorado Department of Revenue, Income Tax Topics: Social Security, Pensions and Annuities (Jan 2025) (read 2026-10-20); Colorado Department of Revenue, Retired Servicemembers (read 2026-10-20); Colorado Division of Property Taxation; county assessor pages (Larimer, Douglas, Elbert) carrying the state rule (read 2026-10-17). Figures change each year; confirm with the agency before you rely on them. Not tax advice.
The twenty-year test
Which of these do you need in the house you will live in for twenty years?
Email me homes that pass
The alert matches what the listing feed has: price, bedrooms, bathrooms, year built and house type. Chris checks each match for the features the listing feed can’t see.
Home prices: Redfin neighborhood medians, Jul–Sep 2026, neighborhoods with 5+ sales. Property tax: Census ACS 2023 effective rates. Selling costs estimated at 6% of the sale price.