The housing market in Colorado Springs, CO (80904) is currently quite strong. The median value of homes in this area is an impressive $420,200, well above the US median house value of $338,100. Additionally, the one-year house appreciation rate here is 6.20%, slightly lower than the national average of 8.27%. This indicates that while there may be slight fluctuations in home prices over short periods of time, the overall trend appears to be increasing values and a healthy housing market.
The median home cost in Colorado Springs (zip 80904) is $420,200. Home appreciation the last 10 years has been 138.9%. Home Appreciation in Colorado Springs (zip 80904) is up 14.0%.
Average Age of Homes
- The median age of Colorado Springs (zip 80904) real estate is 45 years old
The Rental Market in Colorado Springs (zip 80904)
- Renters make up 40.9% of the Colorado Springs (zip 80904) population
- 2.7% of houses and apartments in Colorado Springs (zip 80904), 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.