80133, Palmer Lake, CO

The Palmer Lake, CO 80133 zip code has a median home value of $269,900 and a median home equity value of $153,500. The Palmer Lake area has seen an increase in home values over the past five years, with the median home value increasing by 9.5% from $248,000 in 2011 to $269,900 in 2016. This increase is likely due to an influx of new residents and businesses into the area as well as increased demand for property due to its location close to major metropolitan areas such as Denver and Colorado Springs.

While there is evidence that the Palmer Lake area is experiencing an uptick in home values, it is important to keep in mind that these values are still below the national average. In fact, according to Zillow’s 2018 Home Value Index report, the Palmer Lake zip code ranks No. 709 out of 1,221 U.S. zip codes with a median home value above $300,000. Additionally, while the Palmer Lake area has seen significant growth over the past five years, it still ranks relatively low when compared to other affluent areas such as Greenwich or Westport on Long Island which have median home values above $1 million.