Why Live in Knob Hill
Knob Hill, located near downtown Colorado Springs, is a vibrant neighborhood known for its burgeoning urban arts scene, featuring nearly 60 murals and two art galleries. The area is transforming into an arts district, with local efforts aiming for official recognition. Homes in Knob Hill, built between the 1940s and 1970s, range from modest national dwellings to larger Colonial Revival, bi-level, ranch-style, and split-level homes, typically featuring updated interiors and yards around 7,000 to 8,000 square feet. The neighborhood offers various attractions, including Otis Park and the expansive Memorial Park, which features an ice-skating center, skate park, sports fields, and Prospect Lake. Palmer Park, located to the north, provides scenic trails for nature enthusiasts. Knob Hill hosts numerous annual events, such as Territory Days, Pikes Peak Pride Fest, and the Labor Day Lift Off, enhancing its community spirit. Residents benefit from a network of urban trails, Mountain Metropolitan Transit bus services, and proximity to UCHealth Memorial Hospital Central and Colorado Springs Airport, 9 miles away. Shopping and dining options include the Citadel Mall, Safeway, Target, Walmart, and Black Bear Diner.
Home Trends in Knob Hill, CO
On average, homes in Knob Hill, Colorado Springs sell after 70 days on the market compared to the national average of 52 days. The median sale price for homes in Knob Hill, Colorado Springs over the last 12 months is $370,000, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$370,000
Median Single Family Sale Price
$370,000
Median Townhouse Sale Price
$390,000
Median 2 Bedroom Sale Price
$160,000
Median 1 Bedroom Sale Price
$174,000
Average Price Per Sq Ft
$327
Number of Homes for Sale
42
Last 12 months Home Sales
143
Median List Price
$375,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%
