Cheyenne Hills is seeing more homes sit on the market and fewer deals closing in this rolling three-month view through September 2026. Active listings are up nearly 30% year over year, yet homes sold are down by about a third. Pending sales have also slipped by roughly 20% compared with a year ago, signaling slower contract activity despite the added inventory.
Prices are edging higher even as activity cools. The typical home value has risen about 9% year over year, and median list prices are up almost 15%, showing that sellers are still pricing with confidence. Compared with Colorado Springs overall, Cheyenne Hills has a slightly lower typical home value but a much higher months of supply, highlighting how local conditions differ from the broader city market.
Conditions now look more favorable for buyers who have more choices and more time to make decisions. Months of supply has surged to over seven months, more than double Colorado Springs’ 4.6 months, and the median days on market has stretched to around 71 days. No recent sales closed above list price and the average sale-to-list ratio is just under 98%, indicating that buyers often have room to negotiate. With shifting inventory, pricing, and pace, both buyers and sellers can benefit from Agent Pronto’s help in finding an agent who knows how to navigate Cheyenne Hills today.
