The story of this market
The typical home in ZIP 80903 sells for about $379,000, or $287 per square foot.
Prices are roughly flat from a year ago (+0.8%), a market in balance. Homes take about 72.5 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,800 a month.
ZIP 80903 — Colorado Springs
The 80903 housing market is currently somewhat competitive with a median sale price of $379,000. Market activity is characterized by a slow pace of sales and elevated vacancy rates, suggesting a cautious environment for investors and buyers alike.
This ZIP is suited for investors willing to navigate a lower-basis market with specific challenges, as it has seen softer price growth compared to the broader Colorado Springs region.
Median prices moved up 0.8% year over year.
Homes spend a median of 73 days on market with 4.4 months of supply — a balanced-paced market.
54% of listings have cut prices · homes sell at 97.6% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 15.0% — a stable, low-distress profile.
ZCTA 80903, El Paso County CO
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Colorado) — Statutory Agricultural Land Reclassification and Improvement Valuation: Under C.R.S. § 39-1-102(1.6)(a)(I), up to two acres of land directly underlying a residential improvement on agricultural parcels are segregated and assessed at residential rates (6.80% / 7. State (Colorado) — Senior and Disabled Veteran Property Tax Homestead Exemption: Exempts 50% of the first $200,000 of actual market value of the qualifying primary residential parcel from property taxation (a maximum actual value deduction of $100,000). State (Colorado) — Colorado Split Residential Property Tax Assessment Rate Structure: Imposes annual ad valorem property taxes determined using a bifurcated assessment rate system. Assessed Value = Actual (Market) Value × Assessment Rate. Beginning for tax years 2025/2026, residential property is assessed at 6.
The area faces elevated vacancy rates of approximately 8.6%, which may signal weakening demand and tenant stability concerns for investors.
The local economy is influenced by the broader Colorado Springs market, which has experienced economic pressure over the last decade.
Data retrieved from US Census Bureau ZCTA 80903 profiles and local market reports.
- The Broadmoor World Arena4.43.9 mi
- Ford Amphitheater4.212.2 mi
- Topgolf4.312.5 mi
- Norris Penrose Event Center4.32.1 mi
- Garden of the Gods Resort4.43.8 mi
- Garden of the Gods4.94.3 mi
- Cheyenne Mountain Zoo4.85.3 mi
- Great Wolf Lodge | Colorado Springs4.210.7 mi
- Cave of the Winds Mountain Park4.86 mi
- The Broadmoor Seven Falls4.42.2 mi
- Garden of the Gods Visitor & Nature Center4.83.9 mi
- The Broadmoor Manitou and Pikes Peak Cog Railway4.56.3 mi
- Manitou Cliff Dwellings4.45.4 mi
- Garden of the Gods Trading Post4.74.4 mi
- U.S. Olympic & Paralympic Museum4.71.1 mi
- Garden of the Gods4.94.3 mi
- The Broadmoor Seven Falls4.42.2 mi
- Garden of the Gods Visitor & Nature Center4.83.9 mi
- Manitou Incline4.96.9 mi
- Red Rock Canyon4.83.4 mi
- Prospect Lake4.31.5 mi
- Prospect Lake4.31.5 mi
- The Broadmoor4.73.9 mi
- Topgolf4.312.5 mi
- Patty Jewett Golf Course4.41.4 mi
- Valley Hi Golf Course3.92.8 mi
- World Golf & Sand Creek Golf Course4.56.1 mi
- Chapel Hills Mall3.97.5 mi
- The Citadel Mall3.83 mi
- T.J. Maxx & HomeGoods4.26.3 mi
- Asian Pacific Market4.44.3 mi
- Fort Carson Main Exchange4.47.3 mi
- Colorado Springs Airport4.66.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.