Housing in 80929 Colorado Springs, CO is quite expensive compared to the US median value of $338,100. The median value of a home in 80929 is currently $496,600, which is close to 50% higher than the national average. Although housing appreciation for the past year has been slightly lower than the national average at 6.2%, it still shows a positive trend for homeowners in the area. With the high demand and limited availability of real estate in this area, it may be difficult to find an affordable place to live but if you manage to purchase a home here you can expect good returns on your investment.
The median home cost in Colorado Springs (zip 80929) is $496,600. Home appreciation the last 10 years has been 138.9%. Home Appreciation in Colorado Springs (zip 80929) is up 14.0%.
Average Age of Homes
- The median age of Colorado Springs (zip 80929) real estate is 26 years old
The Rental Market in Colorado Springs (zip 80929)
- Renters make up 37.8% of the Colorado Springs (zip 80929) population
- 14.7% of houses and apartments in Colorado Springs (zip 80929), 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.