The housing market in 80905 Colorado Springs, CO is doing well. The median value of homes in the area stands at $387,000, which is slightly above the US median value of $338,100. In the last year alone, house appreciation has increased by 6.20%, which is lower than the 8.27% appreciation rate seen nationally but still evidence of a healthy market. The combination of value and steady appreciation make this a desirable place to live for those looking to invest in real estate.
The median home cost in Colorado Springs (zip 80905) is $387,000. Home appreciation the last 10 years has been 138.9%. Home Appreciation in Colorado Springs (zip 80905) is up 14.0%.
Average Age of Homes
- The median age of Colorado Springs (zip 80905) real estate is 57 years old
The Rental Market in Colorado Springs (zip 80905)
- Renters make up 51.2% of the Colorado Springs (zip 80905) population
- 1.0% of houses and apartments in Colorado Springs (zip 80905), 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.