Housing in 80918 Colorado Springs, CO is highly valuable compared to the US average. According to the given context, the median value of housing in Colorado Springs is $441,900 compared to the US median value of $338,100. Additionally, the 1-year house appreciation rate for Colorado Springs is 6.20%, lower than the national average of 8.27%. This shows that while homes in 80918 are expensive, there has been relatively less appreciation of their prices over time.
The median home cost in Colorado Springs (zip 80918) is $441,900. Home appreciation the last 10 years has been 138.9%. Home Appreciation in Colorado Springs (zip 80918) is up 14.0%.
Average Age of Homes
- The median age of Colorado Springs (zip 80918) real estate is 35 years old
The Rental Market in Colorado Springs (zip 80918)
- Renters make up 37.4% of the Colorado Springs (zip 80918) population
- 1.2% of houses and apartments in Colorado Springs (zip 80918), 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.