Why Live in Monument
Monument, situated around 6,750 feet above sea level, is approximately 20 miles north of downtown Colorado Springs. This neighborhood is known for its highly rated schools, including Bear Creek Elementary School, Lewis-Palmer Middle School, and Lewis-Palmer High School, making it an attractive place for families. Monument offers a variety of home styles, from new-construction craftsman-style homes to contemporary stucco houses, often on spacious lots of an acre or more. The community is tight-knit, as evidenced by their support for a local family after a tragic snowboarding accident. Monument hosts numerous community events, such as the state's largest Fourth of July parade, the Monument Art Hop, and Small-Town Christmas. Outdoor activities are plentiful, with the Santa Fe Trail, Mount Herman Trail, Monument Skate Park, and Limbach Park providing various recreational opportunities. Monument Lake offers kayaking and paddle-boarding. Essential retailers like Walmart and Home Depot are accessible via Jackson Creek Parkway, while the historic downtown area features local boutiques and eateries such as La Casa Fiesta and Trails End Taproom. Although primarily car-dependent, Monument is walkable and bikeable for leisure. Commuters can reach downtown Colorado Springs in about 20 miles via Interstate 25, with Denver 51 miles north and Denver International Airport 63 miles away.
Home Trends in Monument, CO
On average, homes in Monument, CO sell after 119 days on the market compared to the national average of 70 days. The median sale price for homes in Monument, CO over the last 12 months is $348,000, down 3% from the median home sale price over the previous 12 months.
Median Sale Price
$348,000
Median Single Family Sale Price
$379,900
Median Townhouse Sale Price
$414,990
Median 1 Bedroom Sale Price
$115,000
Average Price Per Sq Ft
$325
Number of Homes for Sale
4
Last 12 months Home Sales
49
Median List Price
$365,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-3%