Why Live in Idaho Springs
Idaho Springs, a historic mountain town established in 1859, is transitioning from a pit stop along Interstate 70 to a burgeoning tourist destination. With a population of around 1,800, the town is undergoing significant growth, including the addition of a new mountain bike park, mountain gondolas, and downtown renovations. Housing primarily consists of Victorian-era cottages and American Foursquares, known for their decorative woodwork and colorful roof cables. A new 120-unit apartment complex is set to expand the housing stock by over 10% upon its completion in spring 2026. Miner Street, the downtown hub, features historic brick buildings housing breweries, restaurants, and antique stores, with Tommyknocker Brewery and Pub being a local favorite. The town is walkable, and residents can easily access Safeway and the seasonal Idaho Springs Farmers Market. Outdoor enthusiasts will find plenty of things to do, including mountain biking at Virginia Canyon Mountain Park, ziplining, white water rafting, and four-wheeling. The upcoming Argo Mill and Tunnel Cable Car will offer scenic views and drinks at an upper platform. Skiers benefit from proximity to resorts like Breckenridge and Aspen. The Clear Creek School District serves the area, offering advanced coursework and outdoor education programs. Events such as the Memorial Day donkey race and Rapidgrass Bluegrass Music Festival celebrate local culture. Idaho Springs is about 30 miles from Denver and 50 miles from Denver Airport, with straightforward routes via I-70. The EPA is addressing environmental contamination from historic mining activities, and residents are advised to take precautions.
Frequently Asked Questions
What is the average home price in Idaho Springs, CO?
Homes for sale in Idaho Springs, CO have an average home price of $646,529.
Are home prices dropping in Idaho Springs?
Yes, home prices in Idaho Springs are down 9% in the last 12 months.
How many homes have sold over the last 12 months in Idaho Springs, CO?
72 homes have sold in Idaho Springs, CO over the last 12 months.
What are the most popular zip codes in Idaho Springs, CO?
What are the most popular neighborhoods in Idaho Springs, CO?
The most popular neighborhood in Idaho Springs, CO with the most homes for sale is
Floyd Hill.
How much do you need to make to afford a house in Idaho Springs?
The median home price in Idaho Springs is $575,000. If you put a 20% down payment of $115,000 and had a 30-year fixed mortgage with an interest rate of 6.67%, your estimated principal and interest payment would be $2,960 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $127K a year to afford the median home price in Idaho Springs.
How are the schools in Idaho Springs, CO?
Home Trends in Idaho Springs, CO
On average, homes in Idaho Springs, CO sell after 53 days on the market compared to the national average of 50 days. The median sale price for homes in Idaho Springs, CO over the last 12 months is $487,500, down 11% from the median home sale price over the previous 12 months.
Median Sale Price
$487,500
Median Single Family Sale Price
$567,500
Median Townhouse Sale Price
$290,000
Median 2 Bedroom Sale Price
$285,000
Average Price Per Sq Ft
$387
Number of Homes for Sale
38
Last 12 months Home Sales
72
Median List Price
$575,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-11%
