The story of this market
The typical home in ZIP 80908 sells for about $577,000, or $235 per square foot.
Prices are down 3.1% from a year ago, which gives buyers more room to negotiate. Homes take about 54 days to sell. HUD's fair market rent for a two-bedroom is $2,150 a month.
ZIP 80908 — Colorado Springs
The 80908 housing market is currently balanced, with a median sale price of approximately $577,000 and a healthy inventory level of 4.4 months of supply. While year-over-year prices have seen a slight correction of 3.1%, the area remains attractive to family buyers due to its high-quality school districts and suburban lifestyle. Market activity is steady, with homes spending an average of 54 days on the market, reflecting a transition toward a more buyer-friendly environment.
This ZIP code is ideal for family buyers and those seeking larger lot sizes and a semi-rural lifestyle while maintaining access to urban amenities. It is less suited for those prioritizing walkability or transit-oriented living.
Median prices moved down 3.1% year over year.
Homes spend a median of 54 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 3.1% · poverty 3.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 80908, 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.
Crime rates in the 80908 area remain relatively low compared to the broader Colorado Springs urban core, with property-related incidents being the primary concern. Local trends are generally stable, reflecting the suburban and semi-rural nature of the northern El Paso County geography.
Schools serving the 80908 ZIP code are primarily part of Academy District 20 and Lewis-Palmer School District 38, both of which are highly regarded in the region for academic performance and extracurricular offerings.
The area faces moderate wildfire risk due to its proximity to wildland-urban interface zones in northern El Paso County. Residents are encouraged to maintain defensible space, and insurance premiums reflect regional wildfire and hail exposure.
Development momentum is driven by residential expansion in northern Colorado Springs and the Black Forest area, with significant infrastructure improvements supporting new master-planned communities. Major employment hubs remain accessible via the I-25 corridor.
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.
Commuters in 80908 primarily rely on I-25 for access to the Colorado Springs employment core to the south or the Denver Tech Center to the north. The commute is largely car-dependent, with travel times varying significantly based on peak-hour traffic on the interstate.
The area features extensive access to outdoor recreation, including proximity to the Black Forest Regional Park and various equestrian trails. Shopping and dining options are concentrated along the Powers Boulevard corridor and in nearby Monument.
The rental market in 80908 is characterized by a limited supply of single-family home rentals, with high demand from families seeking suburban space. Vacancy pressure is low, and rents have seen moderate growth consistent with the broader regional trend.
The economy is anchored by the broader Colorado Springs defense, aerospace, and technology sectors, with significant employment provided by local military installations and the growing tech corridor along I-25.
Transportation is dominated by the I-25 highway corridor, which serves as the primary artery for regional transit. Public transit options are limited, necessitating private vehicle ownership for most residents.
Development is focused on residential infill and the expansion of suburban infrastructure to support the growing population in northern El Paso County.
The El Paso County Assessor's office conducts biennial property valuations, utilizing market-based approaches to determine assessed values for tax purposes.
Parcels in this ZIP are subject to various special districts, including school districts (D20, D38), fire protection districts, and occasionally metropolitan districts that fund local infrastructure.
Property insurance in this region is influenced by wildfire risk and historical hail damage, leading to higher premiums compared to the national average.
Colorado continues to see positive net domestic migration, though the pace has moderated compared to the peak years of the early 2020s.
Colorado is a public trustee state, utilizing a non-judicial foreclosure process that generally allows for a streamlined timeline for lenders.
Colorado requires sellers to provide a comprehensive Seller's Property Disclosure form, covering known material defects and property conditions.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- The Broadmoor World Arena4.417.6 mi
- Ford Amphitheater4.27.6 mi
- Topgolf4.37.6 mi
- Norris Penrose Event Center4.316.7 mi
- Garden of the Gods Resort4.414.3 mi
- Great Wolf Lodge | Colorado Springs4.27.3 mi
- Cinemark Carefree Circle XD and IMAX4.610.3 mi
- RoadHouse Cinemas | Colorado Springs4.412.8 mi
- Dave & Buster's Colorado Springs4.17 mi
- Cottonwood Creek Park4.67.9 mi
- Garden of the Gods Visitor & Nature Center4.814.4 mi
- Manitou Cliff Dwellings4.416.8 mi
- The Broadmoor Manitou and Pikes Peak Cog Railway4.517.9 mi
- Garden of the Gods Trading Post4.716 mi
- U.S. Olympic & Paralympic Museum4.715.8 mi
- Cottonwood Creek Park4.67.9 mi
- John Venezia Community Park4.76 mi
- Palmer Park4.711.3 mi
- Fox Run Regional Park4.86.2 mi
- Nancy Lewis Park4.712.5 mi
- Topgolf4.37.6 mi
- Pine Creek Golf Club3.46.3 mi
- King's Deer Golf Club4.28.6 mi
- Cherokee Ridge Golf Course4.411.7 mi
- Eisenhower Golf Course4.49.6 mi
- Chapel Hills Mall3.98.2 mi
- T.J. Maxx & HomeGoods4.29.8 mi
- King Soopers Marketplace4.511.1 mi
- The Promenade Shops At Briargate4.47.5 mi
- King Soopers48.1 mi
- Colorado Springs Airport4.615.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large regional park offering hiking trails and picnic areas.
Features extensive trails, ponds, and open space for community use.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.