Commercial Real Estate Market in Manitou Springs, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
42 active listings and 223 off-market properties in Manitou Springs, CO.
Market Trends
Manitou Springs, CO spans 20.1 square miles in El Paso County, Colorado. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Manitou Springs, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Manitou Springs, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Manitou Springs, CO runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Manitou Springs, CO runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Market overview
Demographics & Economy
Manitou Springs, CO has 5,343 residents in 2,920 households. Density runs 266 people per square mile. Median household income here is $85,341 and median gross rent $1,175 a month.
5,343
Population
2,920
Households
1.8
Avg Household Size
48
Median Age
53%
College-Educated
97%
High-School Grad
20.1 sq mi
ZIP Area
266
Density / Sq Mi
$85,341
Median Household Income
$51,231
Median Earnings
$1,175
Median Rent
$567,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Manitou Spgs | — | — |
| Crystal Hills | — | — |
| Cascade | — | — |
| Chipita Park | — | — |
Commercial property in Manitou Springs, CO asks $136/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Manitou Springs?
Commercial property in Manitou Springs, CO asks an average of $136 per square foot. The 3 most recent recorded sales traded at a median of $88/SF, so asking sits 55% above the achieved median.
Where does Realmo's Manitou Springs market data come from?
Realmo compiles Manitou Springs, CO figures from 5 recent recorded sales, 40 active sale listings, 2 active lease listings, 223 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 40 active for-sale and 2 active for-lease listings in Manitou Springs, CO. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
