Search homes for sale in Monument, with real estate agent John Chudzinski.
The Monument housing market is moderately competitive. On average, homes receive one offer and sell within approximately 34.5 days. Last month, the median sale price of a home in Monument was $666K, reflecting a 3.9% decrease from the previous year. Meanwhile, the median sale price per square foot increased by 7.1% to $226.
Median Sale Price
Median Sale Price per Sq. Ft.
Median Days on Market
Total Homes Sold
The Monument, CO housing market in June 2025 shows a mix of steady demand and moderate price adjustments. The median sale price of $666K represents a 3.9% decline from the previous year, suggesting some cooling in home prices. However, the price per square foot has risen by 7.1% to $226, indicating that buyers are willing to pay more for larger homes or well-maintained properties. Homes are selling for about 0.4% below list price and stay on the market for an average of 34.5 days, reflecting a balanced market where homes are moving at a moderate pace. With 20 homes sold and typical down payments around 20%, the market appears stable but not overly competitive, providing opportunities for buyers to negotiate.
The Monument, CO housing market is somewhat competitive, with homes typically selling in about 34.5 days. While most homes sell near the list price, there is still room for negotiation, as the average sale price tends to be slightly below the asking price. Some properties attract multiple offers, especially those that are highly sought after, with hot homes going pending in as little as 13 days and often at list price. This indicates a market where desirable properties move quickly, but there is still opportunity for buyers in the more moderate listings.
In June 2025, Monument, CO is considered a buyer's market, indicating that the supply of homes currently exceeds the demand. This shift in market dynamics benefits buyers, as they have more options available and greater leverage when negotiating prices. The fact that homes are taking an average of 34.5 days to sell, along with many properties closing slightly below list price, suggests less urgency from buyers. While the market is not entirely saturated, the slower pace of sales and the relatively small decrease in sale price (down 3.9% from last year) reflect a lower level of competition compared to more seller-driven markets. Despite some homes receiving multiple offers, hot properties are still closing quickly, often near list price. Overall, this environment offers buyers more time to evaluate properties, make informed decisions, and negotiate favorable terms, making it a more advantageous time for those looking to purchase.
If you're considering a move to Monument, reach out to John today. Whether you need neighborhood guidance, market insights, or want to schedule a private showing, John is here to help you navigate the process with confidence and local expertise.
Monument is ideally located between Denver and Colorado Springs, making it an attractive option for those who want to live in a more tranquil, suburban environment while still being close to urban amenities. It’s just a short drive from I-25, providing easy access to Colorado Springs for work, shopping, and healthcare. However, while this location offers convenience, traffic can become congested during peak commuting hours, so potential buyers should weigh the pros and cons of having access to major roads but also potential delays during rush hour. Understanding the commute time and convenience is essential when evaluating the location.
Monument offers a diverse range of property types, from small suburban homes to large, expansive estates in the foothills. The varying lot sizes can accommodate different needs, whether for buyers looking for low-maintenance homes or those seeking more acreage for outdoor activities, farming, or livestock. Large parcels may also offer seclusion and scenic mountain views, but they come with the responsibility of land upkeep. Buyers should decide if they want a more manageable suburban property or a larger estate that requires additional attention and resources.
One of the key attractions of Monument is its proximity to natural beauty, including stunning views of the Rocky Mountains. Many properties boast panoramic vistas, and residents can enjoy outdoor activities such as hiking, biking, and wildlife watching in the nearby forests and parks. However, it’s important to consider that mountain properties can come with challenges like steep terrain, increased risk of wildfires, and difficulty in maintaining access during harsh weather conditions in the winter months. Buyers interested in these types of homes should also factor in the potential costs and logistics of land maintenance and fire mitigation.
Monument maintains a small-town charm, with a slower pace of life compared to larger cities. While this makes it ideal for those seeking a quieter, more community-focused environment, it also means fewer amenities than in more urbanized areas. Shopping, dining, and entertainment options are limited, though there are some local stores and eateries. For more extensive services, residents often travel to Colorado Springs. Buyers should assess whether they are comfortable with the trade-off between a peaceful atmosphere and the need to travel further for certain conveniences.
Monument is part of the Lewis-Palmer School District, which is known for its quality education and family-oriented community. If you have children or plan to in the future, the local school system may be a major consideration. The district offers a variety of educational options, as well as extracurricular activities, making it an attractive place for families. Additionally, the overall safety and family-friendliness of the area, with its quiet neighborhoods and access to parks, make it an ideal location for those looking to settle down in a community-oriented environment.
Monument’s housing market has seen fluctuations in recent years, with home prices slightly decreasing by 3.9% since last year. While this may signal a cooling in the market, the area is still a desirable location, with steady demand for properties, particularly among buyers seeking a quieter lifestyle outside of Colorado Springs. Buyers should carefully monitor market trends and consider long-term investment potential. If you're looking for an investment property, it’s important to assess whether the current market conditions align with your investment strategy, and whether Monument’s appeal to future buyers will continue to drive property values upward.
Whether you have questions about the Monument housing market or you're ready to explore the available properties, we're here to help. With our in-depth knowledge of the area and a commitment to personalized service, we’ll guide you through every step of your real estate journey. Don’t wait—reach out now and let us help you find the perfect home in Monument, CO!
Discover everything Monument, CO, has to offer with our detailed neighborhood guide. From local attractions and housing market trends to dining, entertainment, and outdoor activities, this guide has it all. Start browsing now and see why Monument is a wonderful place to call home
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Whether you’re looking to sell your home or invest in a property, Strategic Property Advisors’ has you covered. At Strategic Property Advisor we always bring forward the best resources available to ensure every transaction is as smooth as possible. Every move during the process is done to your advantage and completely surrounds your personal real estate goals.