Colorado Springs zip code 80922 is one of America’s hottest real estate markets, according to a new report from Realtor.com.
It ranks 7th on the list of the nation’s top housing markets, Realtor.com announced in its 3rd annual Hottest ZIP Codes in America list, released Oct. 19.
The 80922 zip code consists of homes and businesses between Stetson Hills Boulevard and Constitution Avenue next to Powers Boulevard.
For the rankings, Realtor.com analyzed 32,000 zip codes nationwide, looking at the time it takes a property to sell and how frequently homes are viewed.
The number of households in 80922 increased by 19.5 percent between 2010-2017, and the median list price is $272,322 in Colorado Springs, according to Realtor.com’s news release.
According to Colorado HomeTownLocator, 80922 is home to 273 businesses, 8,996 single-family homes and 1,091 multi-family homes.
Jason Kutz with Keller Williams Partners Realty is the Realtor for a single-family home in 80922, located on Laramie Sky Drive.
The home, listed at $270,000, has been on the market for one day and has already had 12 showings, Kutz said.
“That’s an indicator that people are interested,” Kutz said. “People like that area because it’s close to the Powers corridor, where a lot of new shops, stores, things of that nature are popping up all the time.”
This part of town is a popular destination because of its proximity to retail centers as well as access to military bases, said Kutz, who serves in the National Guard and retired from active duty Army three years ago.
“Colorado springs has five military instillations, so we do get a lot of turnover and influx and outflux of soldiers and airmen and service members in general,” he said. “[From] that particular area you can be at Peterson Air Force Base in 15 minutes, the Air Force Academy in 20 minutes, Fort Carson will take you about 30 minutes, so that is a good selling feature.”
Forty-three percent of new mortgages in this zip code are also guaranteed by the U.S. Department of Veterans Affairs, the release stated, and the area is close to downtown Colorado Springs, the Colorado Springs Airport and UCCS.
“Zip 80922 is about as convenient as it gets,” the release said. “That’s especially true for the thousands who work at the nearby Peterson Air Force Base, but the area is also perfect for those simply seeking an active lifestyle. El Paso County has been called one of the healthiest counties in America.”