The story of this market
The typical home in ZIP 81062 sells for about $245,000, or $168 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 82 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 81062 — Olney Springs
The housing market in 81062 remains stable with modest price appreciation and low inventory levels. Market activity is driven by local demand and limited new construction, resulting in a balanced environment for buyers and sellers.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle, lower cost of living, and proximity to outdoor recreation.
Median prices moved up 2.4% year over year.
Homes spend a median of 82 days on market with 4.8 months of supply — a balanced-paced market.
19% of listings have cut prices · homes sell at 97.2% 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 6.8%/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 6.7%/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 81062, Pueblo 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.
Crime rates in this rural area are generally low compared to state and national averages, with property crime being the primary concern.
Schools serving this area are part of smaller rural districts, typically characterized by limited extracurricular offerings but stable student-to-teacher ratios.
The area faces moderate wildfire risk during dry seasons and requires standard property insurance coverage for wind and hail damage common to the region.
Economic momentum is primarily driven by local agriculture and small-scale service industries, with limited new large-scale commercial development.
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 residents traveling to nearby regional hubs for employment via state highways.
Recreation is centered on outdoor activities including access to local public lands, fishing, and community-based sports facilities.
The rental market is limited in depth, consisting mostly of single-family homes with low turnover and stable, modest rent growth.
The local economy is anchored by agricultural production and small-scale retail, with most residents commuting to larger nearby cities for professional employment.
Public transit is not available; the area relies entirely on private vehicle transportation via regional highway networks.
There are no major commercial or residential developments currently approved or under construction in this ZIP code.
The county appraisal district conducts biennial property assessments to determine market value for tax purposes.
Parcels are subject to standard county and school district taxes, with no major MUD or PID districts reported.
Property insurance premiums are stable, though hazard coverage for wildfire and wind remains a standard consideration for homeowners.
Data retrieved from data.census.gov using ZCTA 81062 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.
Provides basic recreational space and playground facilities for residents.
Offers access to hiking and outdoor exploration in the surrounding rural landscape.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.