80917, Colorado Springs, CO

The 80917 zip code of Colorado Springs, CO is a popular area to live in because of its close proximity to the city center and its many amenities. Home prices in this area have been on the rise for the past several years, and as of 2018, they are among the highest in the state.

According to Zillow, the median home value in this zip code is $269,000. This figure has increased by more than 20% over the past three years, and it is projected to grow by another 10% within the next year. In addition, there are currently more than 1,000 homes for sale in this area, which indicates that there is plenty of demand for property here.

One reason why home prices have been so high in this zip code is because of all of the new development that has been taking place here over recent years. There are now a number of high-end luxury apartments and condos available for purchase or rent, which has led to an increase in demand from affluent residents. Additionally, many businesses located within walking distance of this zip code have also seen their profits increase as a result of these elevated housing prices.

However, not everyone who lives or works in this area is happy about these rising home values. Some people feel that they are becoming increasingly out-of-reach for average citizens, and they believe that developers are unfairly profiting from these increases while ordinary people continue to struggle financially. Regardless of one's opinion on these matters, it's clear that home prices in 80917 are rising rapidly and will likely continue doing so for some time to come.