City:

Elbert, CO

Elbert is a city in the state of colorado with a population of roughly 5,847. It is in El Paso County, Colorado the Colorado Springs, CO core-based statistical areas (CBSA), Its Zip codes include 80106 .

Trends in Home Prices in Elbert, Colorado

Real estate in Elbert, Colorado is a hot commodity. The city has seen an influx of people in recent years, and with that comes a need for more housing. There are currently several projects in the works that will add to the city's housing stock.

One project is the construction of a new apartment complex called The Commons at Elbert. This development will have 124 units and is scheduled to be completed by the end of 2019. It will be located on Highway 119 just east of downtown Elbert.

Another project underway is the redevelopment of an old mill into apartments and retail space. Called Mill Creek Landing, this development will have 116 units and be located on Mill Creek Road just north of downtown Elbert. Construction is scheduled to begin later this year and be completed by early 2020.

There are also several single-family homes available for sale in Elbert right now, including some that are perfect for first-time homebuyers or those who want to downsize their living situation. Prices for these homes vary depending on location and size, but they all offer excellent value for what you're getting.

Price Index: Colorado Springs, CO

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