The story of this market
The typical home in ZIP 80916 sells for about $360,000, or $207 per square foot.
Prices are roughly flat from a year ago (+0.3%), a market in balance. Homes take about 47.5 days to sell. HUD's fair market rent for a two-bedroom is $1,500 a month.
ZIP 80916 — Colorado Springs
The 80916 housing market remains competitive with a median sale price of $360,000, showing slight year-over-year growth. While inventory levels in the broader Colorado Springs area have increased, this ZIP maintains a steady pace of sales. Market conditions are currently balanced between buyer choice and stable pricing.
Median prices moved up 0.3% year over year.
Homes spend a median of 48 days on market with 3.5 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 99.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 11.8% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 80916, Colorado Springs, 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 U.S. Census Bureau ZCTA-level tables.
- Great Wolf Lodge | Colorado Springs4.214.2 mi
- Cave of the Winds Mountain Park4.811.7 mi
- North Pole Colorado Santa’s Workshop4.615.4 mi
- Urban Air Trampoline and Adventure Park4.310.7 mi
- Air City 360 Trampoline and Adventure Park4.616.2 mi
- The Broadmoor World Arena4.44 mi
- Ford Amphitheater4.215.9 mi
- Topgolf4.316.1 mi
- Norris Penrose Event Center4.36.9 mi
- Garden of the Gods Resort4.49.5 mi
- Garden of the Gods4.910 mi
- Cheyenne Mountain Zoo4.87.4 mi
- Cave of the Winds Mountain Park4.811.7 mi
- The Broadmoor Seven Falls4.46.9 mi
- Garden of the Gods Visitor & Nature Center4.89.5 mi
- Garden of the Gods Visitor & Nature Center4.89.5 mi
- The Broadmoor Manitou and Pikes Peak Cog Railway4.511.8 mi
- Manitou Cliff Dwellings4.411 mi
- Garden of the Gods Trading Post4.710.1 mi
- U.S. Olympic & Paralympic Museum4.76 mi
- Garden of the Gods4.910 mi
- The Broadmoor Seven Falls4.46.9 mi
- Garden of the Gods Visitor & Nature Center4.89.5 mi
- Red Rock Canyon4.89 mi
- Manitou Incline4.912.4 mi
- The Broadmoor4.76.9 mi
- Patty Jewett Golf Course4.45.8 mi
- Valley Hi Golf Course3.92.9 mi
- World Golf & Sand Creek Golf Course4.53.2 mi
- Cherokee Ridge Golf Course4.44 mi
- Chapel Hills Mall3.910.8 mi
- The Citadel Mall3.83.5 mi
- T.J. Maxx & HomeGoods4.26 mi
- Asian Pacific Market4.42.8 mi
- Fort Carson Main Exchange4.45.9 mi
- Colorado Springs Airport4.60.6 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.