The story of this market
The typical home in ZIP 80915 sells for about $386,925, or $221 per square foot.
Prices are up +1.8% from a year ago, so sellers still have some momentum. Homes take about 41 days to sell. HUD's fair market rent for a two-bedroom is $1,779 a month.
ZIP 80915 — Colorado Springs
The 80915 housing market is currently experiencing a period of stabilization with modest year-over-year price growth. While inventory levels have increased, providing more options for buyers, the market remains competitive for well-priced properties. Overall, the area reflects the broader Colorado Springs trend of cooling demand balanced by limited supply.
This ZIP is well-suited for first-time homebuyers and families seeking more affordable entry points into the Colorado Springs market. Its proximity to major employment hubs and commercial corridors makes it a practical choice for commuters.
Median prices moved up 1.8% year over year.
Homes spend a median of 41 days on market with 3.9 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 9.5% — 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 7.9%/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 7.4%/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 80915, 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 area are generally consistent with broader Colorado Springs trends, with property crime being the primary concern. Regional comparisons indicate moderate levels of activity typical for suburban residential zones.
Schools serving the area are primarily part of the Colorado Springs School District 11, with performance ratings varying by individual campus. The district provides a range of educational options including magnet and specialized programs.
The area faces standard regional risks including wildfire potential in the wildland-urban interface and occasional high-wind events. Flood risk is generally low, though localized drainage issues can occur during heavy seasonal storms.
Economic momentum is driven by the proximity to major military installations and the expanding aerospace and technology sectors in Colorado Springs. Infrastructure development remains focused on improving arterial road capacity to support residential growth.
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.
Residents typically rely on personal vehicles for commuting, with primary access via the Constitution Avenue and Powers Boulevard corridors. Transit options are limited, with most commuters driving toward the downtown Colorado Springs employment core.
The area features several neighborhood parks and is within short driving distance of larger regional open spaces and trail systems. Shopping and dining amenities are concentrated along the Powers Boulevard commercial corridor.
The rental market shows moderate pressure with a steady demand for single-family rentals. Investor activity remains present, though rising inventory levels have stabilized rent growth compared to previous years.
The local economy is heavily influenced by the defense industry, with major employers including Peterson Space Force Base and various aerospace contractors. The broader Colorado Springs area maintains a diverse mix of healthcare, education, and tourism sectors.
Transportation is dominated by private vehicle use, with the area served by a grid of arterial roads connecting to major highways. Public transit coverage is limited, primarily consisting of bus routes managed by Mountain Metropolitan Transit.
Development is focused on infill residential projects and the expansion of commercial services along the Powers Boulevard corridor. Planning efforts prioritize balancing new housing density with existing infrastructure capacity.
The El Paso County Assessor's office conducts biennial property valuations to determine the basis for property tax assessments. Assessments are based on market data and property characteristics as of the appraisal date.
Parcels in this ZIP are subject to various special districts, including school districts, fire protection districts, and potentially metropolitan districts that fund local infrastructure.
Property insurance premiums in the region have seen upward pressure due to increased wildfire risk and historical claims related to hail and wind damage. Market health remains stable, though carriers are increasingly selective in high-risk zones.
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.
- Great Wolf Lodge | Colorado Springs4.211.4 mi
- Cave of the Winds Mountain Park4.811.9 mi
- North Pole Colorado Santa’s Workshop4.615.3 mi
- Urban Air Trampoline and Adventure Park4.38.2 mi
- Air City 360 Trampoline and Adventure Park4.613.3 mi
- The Broadmoor World Arena4.46.9 mi
- Ford Amphitheater4.213 mi
- Topgolf4.313.2 mi
- Norris Penrose Event Center4.38.3 mi
- Garden of the Gods Resort4.49.2 mi
- Garden of the Gods4.910.1 mi
- Cheyenne Mountain Zoo4.810.3 mi
- Great Wolf Lodge | Colorado Springs4.211.4 mi
- Cave of the Winds Mountain Park4.811.9 mi
- The Broadmoor Seven Falls4.48.3 mi
- Garden of the Gods Visitor & Nature Center4.89.3 mi
- The Broadmoor Manitou and Pikes Peak Cog Railway4.512.5 mi
- Manitou Cliff Dwellings4.411.5 mi
- Garden of the Gods Trading Post4.710.4 mi
- U.S. Olympic & Paralympic Museum4.77.2 mi
- Garden of the Gods4.910.1 mi
- The Broadmoor Seven Falls4.48.3 mi
- Garden of the Gods Visitor & Nature Center4.89.3 mi
- Red Rock Canyon4.89.6 mi
- Memorial Park4.55.6 mi
- The Broadmoor4.79.3 mi
- Patty Jewett Golf Course4.45.5 mi
- Valley Hi Golf Course3.94.5 mi
- World Golf & Sand Creek Golf Course4.50.8 mi
- Pine Creek Golf Club3.49 mi
- Chapel Hills Mall3.98.2 mi
- The Citadel Mall3.83.4 mi
- T.J. Maxx & HomeGoods4.22.4 mi
- Asian Pacific Market4.42.2 mi
- Fort Carson Main Exchange4.49.7 mi
- Colorado Springs Airport4.63.7 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 extensive hiking and biking trails with scenic views.
Major commercial artery featuring numerous retail centers, restaurants, and entertainment venues.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.