The story of this market
The typical home in ZIP 80821 sells for about $250,000, or $109 per square foot.
Homes take about 105 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,200 a month.
ZIP 80821 — Hugo
The housing market in 80821 is characterized by low inventory and modest price points typical of rural Colorado. Activity is driven by local demand rather than speculative investment, resulting in a stable but slow-moving market environment.
This ZIP is best suited for rural-lifestyle seekers, budget-conscious buyers, or those looking for affordable detached housing away from urban density.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 105 days on market with 3.6 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 14.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 80821, Lincoln 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.
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.
Commutes are primarily rural, requiring significant drive times to reach employment centers in Colorado Springs or the Denver metro area.
Recreation is centered on rural outdoor activities, with limited local shopping and dining options available within the immediate Hugo area.
The rental market is limited in depth, primarily consisting of single-family homes with low turnover and minimal institutional investor presence.
The local economy is primarily driven by agriculture, ranching, and local government services.
The Lincoln County Assessor manages property valuations for tax purposes.
Parcels are served by local school districts and rural fire protection districts.
Property insurance premiums are influenced by rural wildfire risk and regional weather patterns.
Data retrieved from 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.
Local community park serving the town of Hugo.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.