The story of this market
The typical home in ZIP 80904 sells for about $450,000, or $221 per square foot.
Prices are down 11.8% from a year ago, which gives buyers more room to negotiate. Homes take about 41 days to sell. HUD's fair market rent for a two-bedroom is $1,779 a month.
ZIP 80904 — Colorado Springs
The 80904 housing market is experiencing a significant correction with year-over-year prices down 11.8% as of recent reports. High inventory levels and a balanced supply of 4.4 months have shifted leverage toward buyers, who are seeing more price cuts and longer time on market. Figures reflect the broader Colorado Springs metro trend of cooling demand and price softening.
Median prices moved down 11.8% year over year.
Homes spend a median of 41 days on market with 4.4 months of supply — a fast-moving market.
54% of listings have cut prices · homes sell at 98.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 9.1% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 80904, 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.
Data retrieved from US Census Bureau ZCTA 80904 profile.
- Great Wolf Lodge | Colorado Springs4.29.7 mi
- Cave of the Winds Mountain Park4.82.5 mi
- North Pole Colorado Santa’s Workshop4.66.2 mi
- Urban Air Trampoline and Adventure Park4.36.7 mi
- Air City 360 Trampoline and Adventure Park4.611.4 mi
- The Broadmoor World Arena4.46.8 mi
- Ford Amphitheater4.211 mi
- Topgolf4.311.3 mi
- Norris Penrose Event Center4.33.2 mi
- Garden of the Gods Resort4.41.1 mi
- Garden of the Gods4.90.8 mi
- Cheyenne Mountain Zoo4.86.6 mi
- Great Wolf Lodge | Colorado Springs4.29.7 mi
- Cave of the Winds Mountain Park4.82.5 mi
- The Broadmoor Seven Falls4.43.2 mi
- Garden of the Gods4.90.8 mi
- The Broadmoor Seven Falls4.43.2 mi
- Garden of the Gods Visitor & Nature Center4.81 mi
- Manitou Incline4.93.7 mi
- Red Rock Canyon4.80.9 mi
- The Broadmoor4.75.2 mi
- Topgolf4.311.3 mi
- Patty Jewett Golf Course4.43.9 mi
- Valley Hi Golf Course3.96.3 mi
- World Golf & Sand Creek Golf Course4.59.3 mi
- Chapel Hills Mall3.97.2 mi
- The Citadel Mall3.86.3 mi
- T.J. Maxx & HomeGoods4.28.7 mi
- Asian Pacific Market4.47.6 mi
- Fort Carson Main Exchange4.49.7 mi
- Colorado Springs Airport4.69.7 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.