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Colorado Springs Has One of America’s Hottest Real Estate Markets

Location
Colorado
Publish Date
2021/09/22

According to Realtor.com, Colorado Springs’ 80916 zip code is the hottest in America, for the second year in a row. That desire is driven by an active community and less traffic than big cities like LA and Dallas. Another factor is value for money, the median list price on the east side of town in 80916 is $318K, while ↑ ~20% YoY, is still ↓ 17% than the national median. People are doing a lot of window shopping in Colorado Springs, the views per property ↑ 36% YoY.Other zip codes in Colorado Springs are in demand too; ~470 single-family and attached homes sold over the last 6-mo in the 80920 zip code.Inventory is slowly on the rise, too; according to PPAR, inventory has nearly doubled from 554 in April to 1,009 last month.

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