The housing market in 80920 Colorado Springs, CO is thriving with a median value of $509,000. This is significantly higher than the US median house value of $338,100 and suggests that the area is in high demand. In the last year, the appreciation for homes in this area has been 6.20%, lower than the national average of 8.27%. The current situation offers an opportunity for buyers and investors to take advantage of the low appreciation rate while still receiving a great return on their investment.
The median home cost in Colorado Springs (zip 80920) is $509,000. Home appreciation the last 10 years has been 138.9%. Home Appreciation in Colorado Springs (zip 80920) is up 14.0%.
Average Age of Homes
- The median age of Colorado Springs (zip 80920) real estate is 25 years old
The Rental Market in Colorado Springs (zip 80920)
- Renters make up 27.3% of the Colorado Springs (zip 80920) population
- 0.8% of houses and apartments in Colorado Springs (zip 80920), 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.