The story of this market
The typical home in ZIP 80823 sells for about $110,000, or $190 per square foot.
HUD's fair market rent for a two-bedroom is $619 a month.
ZIP 80823
The housing market in 80823 is extremely thin with very low transaction volume and limited inventory. Economic indicators suggest significant challenges, including a high poverty rate and a shrinking, aging population. Most figures for active listings, price cuts, and sales-to-list ratios are not determinable due to the lack of market activity.
This ZIP is best suited for those seeking a remote, rural lifestyle, such as agricultural workers or those desiring significant isolation, rather than commuters or investors.
Median prices moved sideways 0.0% year over year.
Awaiting this reading — not graded.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 24.4% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 80823, Lincoln County CO
The area is a rural, low-density agricultural community with limited infrastructure and minimal commercial development.
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) — 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. 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).
Residents face long commutes, with a mean travel time to work of 40 minutes, primarily driving alone.
Recreational opportunities are limited to rural, open-space activities; there are no major shopping or entertainment districts within 3 miles.
The rental market is very thin with high vacancy pressure and limited inventory, primarily serving local residents.
The local economy is primarily agricultural with very limited business activity and employment opportunities.
Data retrieved from Census Bureau ACS 5-year estimates via ZipCodeDex and Point2Homes.
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. Source: NCES EDGE public school locations 2023-24.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.