Why Live in Banning Lewis Ranch
Banning Lewis Ranch, located 15 miles east of Colorado Springs, is a master-planned community that offers a variety of amenities, making it feel like its own city. The neighborhood features numerous parks, trails, and indoor fitness spaces, along with public charter schools for students from kindergarten through twelfth grade. Homes in Banning Lewis Ranch come in various styles, including bungalows, Craftsmans, raised ranches, and contemporary models, with options for customization. The community is known for its low crime rate, which is significantly lower than the national average. Residents enjoy access to over 75 acres of trails and green spaces, including North Tree Park, which hosts a summer concert series and food trucks. The Ranch House offers an Olympic-sized swimming pool, splash zones, and an indoor fitness area, while Vista Water Park features water slides and lifeguards. Smaller parks with play structures, exercise equipment, pickleball courts, and a dog park are scattered throughout the neighborhood. Although there are no commercial developments within Banning Lewis Ranch, residents can find grocery stores and restaurants a short drive away, including a new King Soopers in Falcon and various options along the Powers Corridor. Nearby attractions include Garden of the Gods and Pikes Peak Mountain, though many residents find ample outdoor activities within the neighborhood itself. Major roads like North Powers Boulevard and U.S. Route 24 connect the community to Interstate 25, and the Colorado Springs Airport is conveniently located just south of town.
Home Trends in Banning Lewis Ranch, CO
On average, homes in Banning Lewis Ranch, Colorado Springs sell after 90 days on the market compared to the national average of 51 days. The median sale price for homes in Banning Lewis Ranch, Colorado Springs over the last 12 months is $507,122, down 4% from the median home sale price over the previous 12 months.
Median Sale Price
$507,122
Median Single Family Sale Price
$505,000
Median Townhouse Sale Price
$446,000
Average Price Per Sq Ft
$231
Number of Homes for Sale
139
Last 12 months Home Sales
371
Median List Price
$520,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-4%