Manitou Springs, CO has a median housing value of $549,700, which is significantly higher than the US median housing value of $338,100. Despite this large difference in housing costs, both Manitou Springs and the US have seen similar appreciation rates in the last year. The US experienced an 8.27% year-over-year appreciation rate while Manitou Springs saw a 7.69% rate of appreciation in its own housing market. This suggests that despite Manitou Springs' higher cost of living, it remains a secure investment with potential for growth.
The median home cost in Manitou Springs (zip 80829) is $549,700. Home appreciation the last 10 years has been 133.9%. Home Appreciation in Manitou Springs (zip 80829) is up 16.5%.
Average Age of Homes
- The median age of Manitou Springs (zip 80829) real estate is 54 years old
The Rental Market in Manitou Springs (zip 80829)
- Renters make up 35.3% of the Manitou Springs (zip 80829) population
- 0.0% of houses and apartments in Manitou Springs (zip 80829), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.