The story of this market
The typical home in ZIP 80920 sells for about $525,000, or $201 per square foot.
Prices are up +1.1% from a year ago, so sellers still have some momentum. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $2,000 a month.
ZIP 80920 — Colorado Springs
The 80920 housing market remains competitive with a median sale price of $525,000, reflecting a 1.1% year-over-year increase. While inventory is balanced, the market is showing signs of buyer leverage as days on market have stabilized and price adjustments become more common. Overall, the area remains a desirable destination for families due to its strong school district and proximity to major employment hubs.
This ZIP is well-suited for family buyers and professionals who value access to high-quality schools and suburban amenities while maintaining a reasonable commute to major employment hubs.
Median prices moved up 1.1% year over year.
Homes spend a median of 38 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 3.2% · poverty 4.5% — 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 5.8%/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 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 80920, 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.
The area is served by Academy District 20, which is generally characterized as a high-performing school district within the Colorado Springs region.
The region faces standard wildfire and wind risks common to the Front Range, with insurance premiums trending upward due to regional hazard exposure.
The area benefits from proximity to major employers in the aerospace, defense, and technology sectors, with steady residential development and infrastructure investment.
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 have a drive-heavy commute to the Colorado Springs employment core, with access to major corridors like I-25 and Powers Boulevard.
The area features numerous neighborhood parks, proximity to the Santa Fe Trail, and access to shopping and dining hubs along the Powers corridor.
The rental market shows moderate depth with a mix of single-family and multi-family options; vacancy pressure remains stable as demand aligns with regional growth.
The local economy is anchored by the defense, aerospace, and technology sectors, with significant employment provided by nearby military installations and corporate campuses.
Transportation is primarily automobile-dependent, with major arterial roads providing connectivity to I-25 and the broader Colorado Springs metropolitan area.
Development is focused on infill residential projects and the expansion of commercial services along the primary transit corridors.
The El Paso County Assessor's office conducts biennial property valuations based on market data and property characteristics.
Parcels are subject to various special districts, including school districts, fire protection districts, and potential metropolitan districts for infrastructure maintenance.
Property insurance costs are influenced by regional wildfire and hail risk, with premiums reflecting the broader Colorado Front Range market conditions.
Data retrieved from data.census.gov ZCTA 80920 profile.
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 Arena4.411.8 mi
- Ford Amphitheater4.24.7 mi
- Topgolf4.35 mi
- Norris Penrose Event Center4.310 mi
- Garden of the Gods Resort4.47.2 mi
- Garden of the Gods4.98.2 mi
- Great Wolf Lodge | Colorado Springs4.23.1 mi
- Cave of the Winds Mountain Park4.89.5 mi
- The Broadmoor Seven Falls4.410 mi
- Garden of the Gods Visitor & Nature Center4.87.3 mi
- Garden of the Gods Visitor & Nature Center4.87.3 mi
- The Broadmoor Manitou and Pikes Peak Cog Railway4.510.7 mi
- Manitou Cliff Dwellings4.49.6 mi
- Garden of the Gods Trading Post4.78.9 mi
- U.S. Olympic & Paralympic Museum4.79.3 mi
- Garden of the Gods4.98.2 mi
- The Broadmoor Seven Falls4.410 mi
- Garden of the Gods Visitor & Nature Center4.87.3 mi
- Red Rock Canyon4.89 mi
- Manitou Incline4.911.1 mi
- The Broadmoor4.712.1 mi
- Topgolf4.35 mi
- Patty Jewett Golf Course4.46.9 mi
- Valley Hi Golf Course3.99.4 mi
- World Golf & Sand Creek Golf Course4.58.9 mi
- Chapel Hills Mall3.91 mi
- The Citadel Mall3.88 mi
- T.J. Maxx & HomeGoods4.26 mi
- Asian Pacific Market4.48.4 mi
- King Soopers4.28.4 mi
- Colorado Springs Airport4.611.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large community park with sports fields and playgrounds.
Extensive regional trail system for hiking and biking.
Major retail and restaurant hub serving the eastern side of the city.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.