The story of this market
The typical home in ZIP 80814 sells for about $495,000, or $265 per square foot.
Prices are down 10% from a year ago, which gives buyers more room to negotiate. Homes take about 96 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,474 a month.
ZIP 80814 — Divide
The 80814 housing market is experiencing a cooling phase, characterized by a 10% year-over-year decline in median sale prices to $495,000. While sales volume has seen a slight increase, the market remains somewhat competitive with homes spending an average of 96 days on the market. This shift reflects broader regional trends in the Colorado Springs area where inventory is rising and buyer leverage is increasing.
This area is best suited for buyers seeking a mountain lifestyle, including retirees and those who can work remotely, as it offers significant space and natural beauty at the cost of a longer commute.
Median prices moved down 10.0% year over year.
Homes spend a median of 96 days on market with 0.0 months of supply — a slower-moving market.
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) — a stable, low-distress profile.
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 located in a high-altitude mountain environment, which presents significant wildfire risks and requires careful consideration of property insurance availability and premiums.
The area serves as a mountain residential community with limited commercial development, primarily relying on the broader Colorado Springs economy for employment and infrastructure support.
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.
Residents typically face a significant mountain drive to reach the Colorado Springs employment core, often involving travel on state highways.
The area offers extensive access to outdoor recreation, including proximity to Pikes Peak, hiking trails, and mountain lakes, with limited immediate commercial shopping.
The local economy is primarily residential, with residents largely commuting to the Colorado Springs metropolitan area for employment in defense, technology, and services.
Transportation is heavily reliant on private vehicles, with State Highway 67 serving as a primary corridor for regional access.
Development is largely characterized by low-density residential expansion and custom home construction on larger lots.
The Teller County Assessor manages property valuations, which are subject to periodic reappraisal cycles based on market value.
Parcels are subject to various local mill levies, including those for school districts and local fire protection services.
Property insurance in this mountain region is subject to higher premiums and potential availability constraints due to wildfire hazard exposure.
- Cave of the Winds Mountain Park4.816 mi
- North Pole Colorado Santa’s Workshop4.612.4 mi
- Garden of the Gods Resort4.418.5 mi
- Red Leg Brewing Company4.618 mi
- Flying W Ranch Chuckwagon Suppers and Original Western Stage Show4.817.1 mi
- Falcon Stadium4.519.1 mi
- SoccerHaus Sports and Events Center4.418.9 mi
- North Pole Colorado Santa’s Workshop4.612.4 mi
- Colorado Wolf and Wildlife Center4.72.2 mi
- Pikes Peak - America's Mountain4.811.7 mi
- Rocky Mountain Dinosaur Resource Center4.68.1 mi
- Eleven Mile Canyon Recreation Area4.89 mi
- Garden of the Gods Visitor & Nature Center4.818.4 mi
- The Broadmoor Manitou and Pikes Peak Cog Railway4.516 mi
- Manitou Cliff Dwellings4.416.7 mi
- Garden of the Gods Trading Post4.717.6 mi
- Rocky Mountain Dinosaur Resource Center4.68.1 mi
- Mueller State Park4.75.5 mi
- Colorado Wolf and Wildlife Center4.72.2 mi
- Pikes Peak - America's Mountain4.811.7 mi
- Florissant Fossil Beds National Monument4.65.8 mi
- Eleven Mile Canyon Recreation Area4.89 mi
- 11 Mile Marina3.916.6 mi
- Safeway4.28.2 mi
- City Market4.37.7 mi
- Natural Grocers4.48.3 mi
- Colorado Springs Airport4.628.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Iconic mountain peak providing extensive hiking and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.