The story of this market
The typical home in ZIP 80860 sells for about $232,000, or $203 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 80860 — Victor
The housing market in 80860 is characterized by low volume and high days on market, reflecting its remote, niche appeal. Prices have seen a slight year-over-year decline as the broader regional market cools. High wildfire risk and limited infrastructure continue to act as primary constraints on growth and buyer interest.
This ZIP is best suited for retirees, remote workers, or those seeking a quiet, historic mountain lifestyle. It is less ideal for traditional commuters or families requiring proximity to major urban amenities.
Median prices moved down 2.1% year over year.
Homes spend a median of 68 days on market with 10.5 months of supply — a slower-moving market.
19% of listings have cut prices · homes sell at 96.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 11.2% — 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 6.2%/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 6.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 80860, Teller 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.
Victor experiences low rates of violent crime, though property crime remains a localized concern typical of small, historic mountain towns. Regional comparisons indicate safety levels consistent with rural Teller County.
Public education is primarily served by the Cripple Creek-Victor School District, which maintains small class sizes but faces challenges due to the remote, rural nature of the district.
The area faces significant wildfire risk due to its location in the Pike National Forest, necessitating strict defensible space compliance. Insurance availability and premiums are increasingly impacted by regional wildfire exposure.
Economic momentum is tied to tourism, historic preservation, and small-scale mining operations. Infrastructure development is limited, focusing primarily on maintaining access to the historic district.
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 via CO-67, with residents facing long, winding drives to employment hubs in Colorado Springs or Woodland Park. Public transit options are non-existent.
The area is a gateway to outdoor recreation, including hiking, mountain biking, and historic site exploration. Local amenities are limited to small-town dining and heritage-focused attractions.
The rental market is thin with limited inventory, often dominated by short-term vacation rentals catering to tourists. Long-term rental availability is constrained by the small housing stock.
The economy is heavily reliant on tourism, historic mining heritage, and local government services. Employment opportunities are limited, with many residents working in the gaming industry in nearby Cripple Creek.
Transportation is entirely dependent on private vehicles, with CO-67 serving as the primary arterial road. No public transit infrastructure exists in this remote mountain geography.
Development is strictly constrained by historic preservation ordinances and the surrounding national forest boundaries. No major commercial or residential master-planned communities are in the pipeline.
The Teller County Assessor manages property valuations, utilizing a biennial cycle to adjust for market shifts in the mountain region.
Parcels are subject to the Cripple Creek-Victor School District and local fire protection district levies. No major MUDs or PIDs are present.
Property insurance is challenging due to high wildfire risk, with many carriers limiting coverage or increasing premiums significantly in the region.
Net domestic migration to Colorado remains positive, though rural mountain areas like Teller County see slower, more selective growth compared to the Front Range.
Colorado operates as a public trustee state, utilizing a non-judicial foreclosure process for deeds of trust.
Sellers are required to provide a standard Colorado Real Estate Commission-approved disclosure form covering known material defects.
Data retrieved from data.census.gov ZCTA 80860 profile.
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.
- Cave of the Winds Mountain Park4.815.1 mi
- North Pole Colorado Santa’s Workshop4.615.4 mi
- Kids Empire Colorado Springs4.716.4 mi
- Chuck E. Cheese3.917.3 mi
- Hellscream Haunted House4.519.8 mi
- The Broadmoor World Arena4.417.3 mi
- Norris Penrose Event Center4.315.8 mi
- Garden of the Gods Resort4.417.3 mi
- Red Leg Brewing Company4.618.1 mi
- Ivywild School4.616.3 mi
- Ice Castles4.35.1 mi
- Pikes Peak - America's Mountain4.810 mi
- Seven Bridges Trail4.812 mi
- Rita The Rock Planter4.94.1 mi
- Crags Trailhead4.911.9 mi
- Garden of the Gods Visitor & Nature Center4.817.2 mi
- The Broadmoor Manitou and Pikes Peak Cog Railway4.513.9 mi
- Manitou Cliff Dwellings4.414.9 mi
- Garden of the Gods Trading Post4.715.7 mi
- U.S. Olympic & Paralympic Museum4.716.9 mi
- Pikes Peak - America's Mountain4.810 mi
- Seven Bridges Trail4.812 mi
- Crags Trailhead4.911.9 mi
- Mt Cutler and Muscoco Trailhead4.812.9 mi
- Parking For 7 Bridges Trail4.212 mi
- Colorado Springs Airport4.621.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Highlights the town's mining history and the life of Lowell Thomas.
Features extensive historic mining structures and scenic overlooks.
Provides immediate access to vast trail networks and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.