Colorado Springs, CO is an ideal place to live for many people. The median value of housing in this area is 704,900, which is significantly higher than the US median house value of 338,100. In the past year, there has been a 6.20% appreciation in home values compared to the 8.27% national average appreciation rate. It is clear that Colorado Springs is a great place to invest in real estate due to its great appreciation rates and relatively high median house value.
The median home cost in Colorado Springs (zip 80921) is $704,900. Home appreciation the last 10 years has been 138.9%. Home Appreciation in Colorado Springs (zip 80921) is up 14.0%.
Average Age of Homes
- The median age of Colorado Springs (zip 80921) real estate is 15 years old
The Rental Market in Colorado Springs (zip 80921)
- Renters make up 20.1% of the Colorado Springs (zip 80921) population
- 1.4% of houses and apartments in Colorado Springs (zip 80921), 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.