80928, Colorado Springs, CO

Home Equity and Home Prices in the 80928 Zip Code of Colorado Springs, CO

The home equity and home prices in the 80928 zip code of Colorado Springs, CO are very high. The median home value in this zip code is $345,000, which is more than triple the national median home value of $102,500. Additionally, the percentage of homes that are worth more than their original purchase price is also very high in this zip code. For example, approximately 88% of homes in this zip code are worth more than their original purchase price. This is much higher than the national average of 54%. These high values may be due to several factors including a strong economy and low interest rates. Additionally, there are a number of affluent neighborhoods located within this zip code. Therefore, it may be difficult for buyers who do not have a large down payment or who do not qualify for a mortgage to purchase a home here.