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Town comparisons › Elbert vs Manitou Springs

Elbert vs Manitou Springs

Elbert and Manitou Springs are both in El Paso County. There are 13 homes for sale in Elbert and 18 in Manitou Springs as this page loaded. Elbert is the more expensive of the two: a median asking price of $899,900 against $547,500 in Manitou Springs, about 64% higher. Homes are moving faster in Manitou Springs — a median of 97 days on market against 103 in Elbert. Elbert is a balanced market right now and Manitou Springs is a buyer's market.

Side by side

MeasureElbertManitou Springs
Homes for sale1318
New in last 30 days23
Median asking price$899,900$547,500
Median price per sq ft$384$337
Median size (sq ft)2,4431,964
Median bedrooms43
Median days on market10397
Months of supply3.47.2
Sold, last 12 months4630
Median sold price$700,000$651,500
Median days to sell10870
Sold vs asking price98.0%97.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Elbert is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.
Manitou Springs is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.

Elbert

13
Homes for sale
$899,900
Median asking price
$384
Median per sq ft
103
Median days on market

Manitou Springs

18
Homes for sale
$547,500
Median asking price
$337
Median per sq ft
97
Median days on market

Look at either town on its own

Questions people ask

Is Elbert or Manitou Springs more expensive?

Elbert is more expensive. The median asking price is $899,900 in Elbert against $547,500 in Manitou Springs. By price per square foot, Elbert runs $384 and Manitou Springs $337.

Which moves faster, Elbert or Manitou Springs?

Homes for sale in Manitou Springs have been on the market a median of 97 days, against 103 days in Elbert. Of the homes that actually closed in the last twelve months, Elbert took a median of 108 days and Manitou Springs 70.

Is Elbert or Manitou Springs the better market for a buyer?

Elbert is a balanced market and Manitou Springs is a buyer's market, measured on months of supply — 3.4 months in Elbert and 7.2 in Manitou Springs. More months of supply means more choice and more room to negotiate, so on that measure Manitou Springs is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Elbert and Manitou Springs?

There are 13 homes for sale in Elbert and 18 in Manitou Springs as this page loaded, 2 and 3 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.

The listings these figures are drawn from were last changed at the MLS on September 21, 2026 at 10:17 AM Mountain time. The figures themselves are worked out again from scratch every time this page is opened.

Common questions, answered with live Colorado numbers