The story of this market
The typical home in ZIP 80723 sells for about $252,500, or $208 per square foot.
Prices are up +39.2% from a year ago, so sellers still have some momentum. Homes take about 43 days to sell. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 80723 — Brush
The Brush housing market has seen significant price appreciation over the last year, driven by low inventory and steady demand for affordable housing. While sales volume remains modest, the market is currently competitive for well-priced single-family homes. Buyers are increasingly looking toward smaller towns for value, supporting the current upward price trajectory.
This ZIP is well-suited for families and individuals seeking affordable small-town living, as well as those looking for rural properties with acreage.
Median prices moved up 39.2% year over year.
Homes spend a median of 43 days on market with 9.5 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 12.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 80723, Morgan 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.
The area is served by the Brush School District RE-2J, which provides public education for the local community.
The region is subject to standard Colorado climate risks, including potential for high winds and severe weather events.
Economic activity is anchored by agricultural and industrial sectors in Morgan County, with steady demand for rural and small-town residential properties.
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.
Commuting is primarily car-dependent, with access to I-76 providing connections to larger employment hubs in the region.
Local amenities include Memorial Park and proximity to the South Platte River, offering outdoor recreation and community gathering spaces.
The rental market is characterized by limited inventory and steady demand from local workers, with few short-term rental listings.
The local economy is heavily influenced by agriculture, food processing, and regional logistics centered in Morgan County.
Transportation is dominated by private vehicle use, with I-76 serving as the primary corridor for regional travel.
Development is focused on maintaining existing infrastructure and supporting small-scale residential growth.
The Morgan County Assessor manages property valuations based on biennial cycles.
Parcels are subject to Morgan County property taxes and local school district levies.
Property insurance premiums are influenced by regional wildfire and wind risk profiles common to Eastern Colorado.
Colorado is a public trustee state, utilizing a non-judicial foreclosure process for deeds of trust.
Sellers are required to provide a standard Colorado Real Property Transfer Declaration and disclosure of known material defects.
Data retrieved from US Census Bureau 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.
- I-76 Speedway4.714 mi
- The Block: Commissary Kitchen & Events4.210.9 mi
- Riverside Park4.412 mi
- Fort Morgan Museum4.711.8 mi
- Cover Theatre4.511.8 mi
- Morgan Lanes4.311.6 mi
- Fort Morgan Museum4.711.8 mi
- Riverside Park4.412 mi
- Memorial Park4.54.2 mi
- Optimist Park4.411.1 mi
- Fort Morgan Dog Park (Gateway)4.210.7 mi
- Safeway4.112.3 mi
- Murdoch's Ranch & Home Supply4.512.7 mi
- McDonald Toyota Fort Morgan4.512.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Central community park with recreational facilities.
Provides local fishing and outdoor access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.