In Colorado Springs, CO with the zip code 80916, the median housing value is $335,000. This is slightly lower than the national median housing value of $338,100. However, the 1 year house appreciation rate in Colorado Springs was 6.20% compared to 8.27% nationwide, suggesting that housing values are still increasing in this area at a steady rate. Overall, Colorado Springs is a great place to invest in property due to its relatively affordable prices and strong appreciation rates.
The median home cost in Colorado Springs (zip 80916) is $335,000. Home appreciation the last 10 years has been 138.9%. Home Appreciation in Colorado Springs (zip 80916) is up 14.0%.
Average Age of Homes
- The median age of Colorado Springs (zip 80916) real estate is 31 years old
The Rental Market in Colorado Springs (zip 80916)
- Renters make up 46.2% of the Colorado Springs (zip 80916) population
- 1.2% of houses and apartments in Colorado Springs (zip 80916), 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.