The story of this market
The typical home in ZIP 80951 sells for about $479,000, or $234 per square foot.
Prices are down 1.4% from a year ago, which gives buyers more room to negotiate. Homes take about 65 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,267 a month.
ZIP 80951 — Colorado Springs
The 80951 market is currently experiencing a buyer-favoring environment with high inventory levels and a year-over-year price decline of 1.4%. While the area remains a strong seller ZIP in terms of sale-to-list ratios, high unemployment and vacancy risks suggest a cautious outlook for investors. Market activity is balanced, with homes spending an average of 65 days on the market.
This ZIP is primarily suited for family buyers seeking suburban residential environments, though investors should exercise caution due to market softness and vacancy risks.
Median prices moved down 1.4% year over year.
Homes spend a median of 65 days on market with 5.4 months of supply — a balanced-paced market.
54% of listings have cut prices · homes sell at 101.6% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.8% · poverty 4.5% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 80951, 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 characterized by residential development in the North Springs and Briargate East sectors, with ongoing infrastructure support for the broader Colorado Springs market.
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.
The area provides access to major regional corridors serving the Colorado Springs employment core.
The area features proximity to local parks and suburban amenities typical of the North Springs and Briargate East residential corridors.
The rental market shows signs of softness with high vacancy pressure and tenant risk signals, despite a median rent of $2,267/mo.
The local economy is tied to the broader Colorado Springs market, which features a mix of defense, aerospace, and service-sector employers.
Parcels are subject to El Paso County tax jurisdictions and local school district levies.
Data retrieved from ZCTA-level census profiles and local market reports.
- Great Wolf Lodge | Colorado Springs4.211.8 mi
- Cave of the Winds Mountain Park4.813.3 mi
- North Pole Colorado Santa’s Workshop4.616.6 mi
- Urban Air Trampoline and Adventure Park4.39 mi
- Air City 360 Trampoline and Adventure Park4.613.7 mi
- The Broadmoor World Arena4.48.3 mi
- Ford Amphitheater4.213.5 mi
- Topgolf4.313.7 mi
- Norris Penrose Event Center4.39.8 mi
- Garden of the Gods Resort4.410.6 mi
- Garden of the Gods4.911.5 mi
- Cheyenne Mountain Zoo4.811.7 mi
- Great Wolf Lodge | Colorado Springs4.211.8 mi
- The Broadmoor Seven Falls4.49.8 mi
- Garden of the Gods Visitor & Nature Center4.810.6 mi
- Garden of the Gods Visitor & Nature Center4.810.6 mi
- Manitou Cliff Dwellings4.412.9 mi
- The Broadmoor Manitou and Pikes Peak Cog Railway4.513.9 mi
- Garden of the Gods Trading Post4.711.8 mi
- U.S. Olympic & Paralympic Museum4.78.7 mi
- Garden of the Gods4.911.5 mi
- The Broadmoor Seven Falls4.49.8 mi
- Garden of the Gods Visitor & Nature Center4.810.6 mi
- Red Rock Canyon4.811.1 mi
- Memorial Park4.57.1 mi
- The Broadmoor4.710.7 mi
- Patty Jewett Golf Course4.47 mi
- Valley Hi Golf Course3.95.9 mi
- World Golf & Sand Creek Golf Course4.52 mi
- Pine Creek Golf Club3.49.4 mi
- Chapel Hills Mall3.98.8 mi
- The Citadel Mall3.84.9 mi
- T.J. Maxx & HomeGoods4.22.9 mi
- Asian Pacific Market4.43.7 mi
- Fort Carson Main Exchange4.410.9 mi
- Colorado Springs Airport4.64.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community green spaces serving the residential population.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.