El Paso County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$216,300

  • 4.3% 1-year change
  • 3.0% 1-year forecast

The median home value in El Paso County is $216,300. El Paso County home values have gone up 4.3% over the past year and Zillow predicts they will rise 3.0% within the next year. The median rent price in El Paso County is $1,325, which is the same as the Colorado Springs Metro median of $1,325.

Foreclosures will be a factor impacting home values in the next several years. In El Paso County 3.2 homes are foreclosed (per 10,000). This is greater than the Colorado Springs Metro value of 3.1 and also lower than the national value of 3.6

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in El Paso County is 2.5%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of El Paso County homeowners underwater on their mortgage is 14.8%, which is higher than Colorado Springs Metro at 14.6%.

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Relative ZHVI
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El Paso County Market Overview

Data through Jul 31, 2015
  • $216,300 ZHVI
  • 3.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jul 31, 2016)
  • No data Median listing price
  • $229,475 Median sale price
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El Paso County Market Health

Data through Jul 31, 2015
  • 6.2/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 67 Average days on Zillow (Jun 30, 2015)
  • 14.8% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 2.5% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

3 El Paso County
3 Colorado Springs Metro
4 United States
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Cities in El Paso County

Name Median ZHVI
Black Forest $404,200
Gleneagle $317,200
Peyton $243,500
Name Median ZHVI
Colorado Springs $195,100
Fountain $168,300
Calhan $167,400
Name Median ZHVI
Cimarron Hills $162,600
Security-Widefield $158,700
Stratmoor $127,000

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $119 Median sale price / sq ft
  • No data Listings with price cut
10.9%
Sold below previous sale price
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El Paso County Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,343 El Paso County
    $1,342 Colorado Springs Metro
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $1,325 Rent list price
  • $0.77 Rent list price / sq ft
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