The story of this market
The typical home in ZIP 80929 sells for about $353,000, or $211 per square foot.
Homes take about 89 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,270 a month.
ZIP 80929 — Colorado Springs
The 80929 housing market is a low-volume, rural area with very limited active inventory and sales activity. Market data for median price and other metrics are highly volatile due to the extremely small sample size of transactions. Most metrics, including specific tax history and school ratings, are not determinable at the ZIP level.
This ZIP is best suited for buyers seeking rural, large-lot living who are comfortable with a significant commute to Colorado Springs.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 89 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 91.1% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 16.8% — a stable, low-distress profile.
ZCTA 80929, El Paso County, CO
The area faces moderate natural-hazard risks, with lightning, winter weather, hail, and inland flooding identified as top concerns. Wildfire risk to homes in the broader county is higher than 94% of U.S. counties.
The area is largely rural with limited local infrastructure development; economic momentum is tied to the broader Colorado Springs metropolitan area.
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 is rural and requires a significant drive to reach the Colorado Springs employment core.
Recreational opportunities are primarily rural and open-space oriented, with limited immediate access to urban shopping or major park systems.
The rental market is limited in depth, with fair-market rents for a 2-bedroom unit estimated at $2,270.
The local economy is sparse, with residents primarily commuting to the broader Colorado Springs metropolitan area for employment in health care, accommodation, and professional services.
Property insurance posture is influenced by high wildfire and hail risk, which are significant factors in the regional market.
Data retrieved from ZipCodeDex and Census Bureau profiles.
No public schools report a street address in this area. 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.