East Colorado Springs, CO was named the #1 Hottest Zipcode of 2021 by Realtor.com! 80916 is the new 90210 when it comes to the active housing market! Look at some highlights on why East Colorado Springs is a great place to buy or sell a home below!
Lower Median Listing Prices
According to realtor.com, the median listing price for homes in 80916 in 2021 was $318,000, which was 36% lower than surrounding metro areas in Colorado, and 17% lower than national medians.
Fewer Days on The Market
If you’re looking to sell your home in this area, you’re in a great position! The average time for houses to stay on the market in 2021 was just 4 days compared to 12 days in the surrounding metro areas and 33 days less than the United States as a whole!
Great Place For Veterans
Colorado Springs is a huge housing market in general, but especially for veterans. East Colorado Springs is renowned for the quick commute to nearby military bases and defense contractors, including Lockheed Martin & Northrop Grumman. As a result, a large veteran population lives in East Colorado Springs. VA loans comprised 39% of homes in East Colorado Springs compared to the national average of 9%!
The 2nd #1 Win For Colorado Springs
The hype for Colorado Springs as a great housing market and a great place to live isn’t new. In fact, the zip code 80911 was ranked as the #1 hottest zip code by Realtor.com in 2020!